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Samsung Engineering Co., Ltd., a prominent player in the Other Business Services sector, is headquartered in South Korea (KR). Founded in 1970, the company has established itself as a leader in engineering, procurement, construction, and project management services, primarily serving the oil and gas, petrochemical, and power industries.
With a strong presence in Asia, the Middle East, and beyond, Samsung Engineering is renowned for its innovative solutions and commitment to sustainability. The company has achieved significant milestones, including numerous large-scale projects that showcase its technical expertise and operational excellence.
Core offerings include comprehensive engineering services and advanced construction techniques, setting Samsung Engineering apart in a competitive market. Its dedication to quality and safety has earned it a solid reputation, positioning it as a trusted partner for clients worldwide.
+15 vs industry average
Samsung Engineering’s score of 51 is higher than 65% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Business Services is among the least carbon-intensive industries
The Business Services industry has reduced its overall emissions by 25% since 2018
Scope 3 accounts for ••• of total emissions.
Samsung Engineering, a South Korean-headquartered company in the Other Business Services sector, reported its most recent carbon emissions for 2024.
For 2024, Samsung Engineering's Scope 1 emissions were about 29,609,000 kg CO2e, and its market-based Scope 2 emissions were approximately 20,398,000 kg CO2e. Their Scope 3 emissions for the same year totalled around 3,148,023,000 kg CO2e. Key categories contributing to Scope 3 include purchased goods and services (approximately 2,952,935,000 kg CO2e), use of sold products (around 137,811,000 kg CO2e), and business travel (about 13,650,000 kg CO2e).
Looking back, in 2023, Samsung Engineering's Scope 1 emissions were approximately 33,042,000 kg CO2e, and market-based Scope 2 emissions were about 21,412,000 kg CO2e. Scope 3 emissions in 2023 were around 550,671,000 kg CO2e, with purchased goods and services (approximately 366,543,000 kg CO2e) and use of sold products (around 131,121,000 kg CO2e) being significant contributors.
For 2022, the company disclosed Scope 1 emissions of about 34,690,000 kg CO2e and market-based Scope 2 emissions of approximately 19,776,000 kg CO2e. Scope 3 emissions in 2022 totalled around 323,878,000 kg CO2e, primarily from purchased goods and services (about 157,597,000 kg CO2e) and use of sold products (approximately 131,116,000 kg CO2e).
Samsung Engineering is committed to achieving net-zero emissions. They aim to reduce their Scope 1 emissions by 45% from a 2018 baseline by 2030. Similarly, they plan to reduce their Scope 2 emissions by 45% from a 2018 baseline by 2030, contributing to their overall net-zero ambition. The company's emissions data is self-reported by Samsung E&A Co., Ltd.
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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