SAMSUNG DISPLAY Sustainability Profile
SAMSUNG DISPLAY, a subsidiary of the renowned Samsung Electronics, is headquartered in Suwon, South Korea (KR). Established in 1970, the company has become a leader in the display industry, specialising in advanced display technologies such as OLED and LCD panels. With significant operations across Asia, Europe, and North America, SAMSUNG DISPLAY has consistently pushed the boundaries of innovation. The company is known for its cutting-edge products, including high-resolution displays for smartphones, televisions, and monitors, which are distinguished by their vibrant colours and energy efficiency. SAMSUNG DISPLAY has achieved a prominent market position, recognised for its contributions to the development of flexible and transparent display technologies. With numerous patents and awards, the company continues to shape the future of visual technology.
DitchCarbon Score
How does SAMSUNG DISPLAY's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Communication Equipment Manufacturing industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
SAMSUNG DISPLAY's score of 56 is higher than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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SAMSUNG DISPLAY's reported carbon emissions
In 2023, SAMSUNG DISPLAY reported total carbon emissions of approximately 3.7 billion kg CO2e, comprising about 1.3 billion kg CO2e from Scope 1 and approximately 2.4 billion kg CO2e from Scope 2 emissions. Notably, the company has not disclosed any Scope 3 emissions data for this year. SAMSUNG DISPLAY is committed to reducing its greenhouse gas (GHG) emissions through various initiatives. The company has outlined plans to enhance GHG emission control technologies, substitute low-carbon gases, and improve energy efficiency, targeting reductions in both Scope 1 and Scope 2 emissions by 2025. Additionally, a pilot project aimed at advancing carbon neutrality technologies is set to commence in the first half of 2024, with plans for nationwide expansion by 2026. This commitment to climate action aligns with industry standards and reflects a proactive approach to addressing climate change, although specific reduction targets in terms of percentage have not been disclosed. The emissions data and reduction initiatives are sourced directly from SAMSUNG DISPLAY Co., Ltd., with no cascaded data from parent organizations.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 1,265,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 3,807,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 3 | - | - | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
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SAMSUNG DISPLAY's Scope 3 Categories Breakdown
SAMSUNG DISPLAY's Scope 3 emissions, which decreased by 0% last year and decreased by approximately 25% since 2021, demonstrating supply chain emissions tracking. Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 57% of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 38% of Scope 3 emissions.
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SAMSUNG DISPLAY's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
SAMSUNG DISPLAY has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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