Samsung to spend $4.2b on 'green' initiative
Tuesday, 21 July 2009
SEOUL, July 20 (AFP): South Korea's Samsung Electronics Monday announced a US$4.29 billion plan to develop eco-friendly products and cut emissions from its manufacturing plants by 2013.
It involves cutting greenhouse gas emissions from plants by 50 per cent and reducing total indirect emissions from all products by 84 million tons through 2013, as well as ensuring all products exceed global eco-mark standards.
Some 5.4 trillion won will be invested in eco-management initiatives and environmental cooperation with suppliers and partners will be strengthened.
It involves cutting greenhouse gas emissions from plants by 50 per cent and reducing total indirect emissions from all products by 84 million tons through 2013, as well as ensuring all products exceed global eco-mark standards.
Some 5.4 trillion won will be invested in eco-management initiatives and environmental cooperation with suppliers and partners will be strengthened.