SAMSUNG HEAVY INDUSTRIES
SAMSUNG HEAVY INDUSTRIES, a prominent player in the electrical machinery and apparatus sector, is headquartered in South Korea (KR). Founded in 1974, the company has established itself as a leader in shipbuilding, offshore construction, and industrial machinery, contributing significantly to the global maritime industry.
With a focus on innovative solutions, SAMSUNG HEAVY INDUSTRIES offers a diverse range of products, including advanced ship designs and cutting-edge offshore platforms. Their commitment to quality and technological advancement has positioned them as a key competitor in the market, achieving notable milestones such as the delivery of the world’s largest floating LNG facility.
Operating primarily in Asia and expanding globally, SAMSUNG HEAVY INDUSTRIES continues to set industry standards, driven by a dedication to sustainability and efficiency in electrical machinery and apparatus.
-4 vs industry average
SAMSUNG HEAVY INDUSTRIES’s score of 32 is lower than 47% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Electrical Machinery Manufacturing has below-average carbon intensity
Industry performance
The Electrical Machinery Manufacturing industry has reduced its overall emissions by 37% since 2019
Reported emissions
Scope 3 accounts for ••• of total emissions.
SAMSUNG HEAVY INDUSTRIES's reported carbon emissions
Samsung Heavy Industries, a South Korean company within the electrical machinery and apparatus sector, is committed to reducing its environmental impact. For the reporting year 2017, the company reported total Scope 1 and 2 emissions of approximately 417,835,000 kg CO2e. This comprised approximately 149,422,000 kg CO2e for Scope 1 emissions and about 268,413,000 kg CO2e for Scope 2 emissions.
The company has set ambitious reduction targets. By the middle of this decade, Samsung Heavy Industries aims to reduce its Scope 1 and Scope 2 emissions to near zero. Looking further ahead, by 2030, they plan to achieve a 30% reduction in Scope 1 and Scope 2 emissions from their 2020 levels.
Prior to 2017, emissions data available includes Scope 1 and 2 for the years 2013, 2014, and 2015. In 2015, total Scope 1 and 2 emissions were approximately 202,791,000 kg CO2e, with Scope 1 being about 200,441,000 kg CO2e and Scope 2 about 2,351,000 kg CO2e. In 2014, total Scope 1 and 2 emissions were approximately 225,648,000 kg CO2e, with Scope 1 at about 223,069,000 kg CO2e and Scope 2 at approximately 2,579,000 kg CO2e. In 2013, total Scope 1 and 2 emissions were approximately 229,625,000 kg CO2e, with Scope 1 emissions at about 226,737,000 kg CO2e and Scope 2 at approximately 2,888,000 kg CO2e.
It is important to note that for the years 2013, 2014, and 2015, the emissions data reported is for Scope 1 and 2 only, and Scope 3 emissions data, specifically for purchased goods and services, was noted as missing. The emissions data is not cascaded from a parent organisation.
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SAMSUNG HEAVY INDUSTRIES’s Climate Goals (2030 & 2050)
4 goals2030
30% reduction in Scope 2
We will reduce our Scope 2 emissions by 30% from 2020 levels by 2030.
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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Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives

Science Based Targets Initiative

Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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