Samsung Engineering Sustainability Profile
Samsung Engineering Co., Ltd., a prominent player in the global engineering and construction industry, is headquartered in South Korea (KR). Founded in 1970, the company has established itself as a leader in providing comprehensive solutions across various sectors, including petrochemicals, power, and water treatment. With a strong presence in Asia, the Middle East, and beyond, Samsung Engineering is renowned for its innovative approach to project management and execution. The company offers a diverse range of services, from feasibility studies to construction and maintenance, distinguished by its commitment to sustainability and cutting-edge technology. Notable achievements include significant contributions to major infrastructure projects worldwide, solidifying its market position as a trusted partner in the engineering sector. Samsung Engineering continues to drive advancements in the industry, focusing on efficiency and environmental responsibility.
DitchCarbon Score
How does Samsung Engineering'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 Business Services 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 Engineering's score of 43 is higher than 66% 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 Engineering's reported carbon emissions
In 2023, Samsung Engineering reported total carbon emissions of approximately 550,671,000 kg CO2e, with emissions distributed across Scope 1, Scope 2, and Scope 3. Specifically, Scope 1 emissions were about 33,042,000 kg CO2e, and Scope 2 emissions totalled approximately 21,412,000 kg CO2e. The majority of emissions stemmed from Scope 3, which accounted for about 550,671,000 kg CO2e, with significant contributions from purchased goods and services (approximately 366,543,000 kg CO2e) and the use of sold products (around 131,121,000 kg CO2e). Samsung Engineering has set ambitious climate commitments, aiming for a 45% reduction in both Scope 1 and Scope 2 emissions from a 2018 baseline by the year 2030. This target reflects the company's commitment to achieving net zero emissions, demonstrating a proactive approach to climate action. The emissions data is sourced directly from Samsung Engineering, with no cascading from a parent or related organisation. The company is actively engaged in sustainability initiatives, as evidenced by their comprehensive reporting and reduction targets.
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| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 140,005,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 15,182,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 64,641,000 | 00,000,000 | 000,000,000 | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
How Carbon Intensive is Samsung Engineering's Industry?
How Carbon Intensive is Samsung Engineering's Location?
Samsung Engineering's Scope 3 Categories Breakdown
Samsung Engineering's Scope 3 emissions, which increased by 70% last year and increased by approximately 752% since 2015, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 67% of Scope 3 emissions.
Top Scope 3 Categories
Samsung Engineering'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 Engineering has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
