Samsung Display has announced a new environmental strategy, this is designed to enable the company in becoming carbon neutral by 2050. To achieve this target of carbon neutrality, Samsung Display will aim to minimize both direct and indirect carbon emissions by a variety of measures.
Samsung Display have the objective of developing differentiated low-power displays, such as ECO² (ECO Square) OLED™. This is an innovative technology that increases panel brightness by internalizing polarizing plate functions and reduces power consumption by 25percent to 52 percent.
The measures include reducing process gas in facilities, implementing renewable energy in overseas production sites, and developing low-power and eco-friendly products. In addition, Samsung Display plans to expand circular economy ecosystem, recycle key resources, and minimize environmental impact.
By circular economy ecosystem this refers to a systemic approach to economic development designed to benefit businesses, society, and the environment. It stands in contrast to the ‘take-make-waste’ linear model in that a circular economy is a process that is regenerative by design and aims to gradually decouple growth from the consumption of finite resources.
In terms of implementation, Samsung Display aims to help fight climate change and achieve carbon neutrality through a series of steps:
- Minimize direct emissions (Scope 1) by expanding process gas reduction facilities and developing alternative gases.
- Join the RE100 initiative to minimize indirect emissions (Scope 2). RE100 is a global initiative bringing together the world’s most influential businesses committed to 100 percent renewable electricity.
In relation to these, the aim is to convert overseas production sites to renewable energy, including those in Vietnam and India, by 2022. Samsung also plans to transition all business vehicles to 100 percent pollution-free electric and hydrogen vehicles by 2030.
Further measures include develop low-power and eco-friendly products, upgraded every year with the latest innovations. There is also a plan to address the crisis of global sand depletion by recycling glass, carrier glass, construction materials and glass fibre. To embark on these measures, the company will invest to improve water-based processes and infrastructure to increase reuse and eliminate waste of this resource. In addition, Samsung Display developed a common plastic container that can be reused for panel transportation regardless of the model. This could replace the specific model containers that are usually discarded after use. The company is looking to expand its use of these reusable containers and may replace it with more eco-friendly materials in the future.
Further actions include ensuring that design processes from the initial stage of production with resource recycling in mind, minimize waste and fir in with the circular economy ecosystem remit.
