Samsung's reliance on fossil fuels poses growing risk to investors (US.SMSN) - 09 mai 2022

Samsung Electronics is under growing pressure over its inaction on fossil fuel emissions, as it falls behind rivals Apple and Taiwanese chipmaker TSMC in making environmental commitments. Analysts and investors warn that Samsung’s reluctance to match its competitors’ pledges poses “systemic risks” to its future with customers and governments increasingly demanding low-carbon supply chains. 

Unlike Apple, TSMC and fellow Korean chipmaker SK Hynix, Samsung has yet to make a public commitment to 100 per cent renewable electricity use worldwide. The operations of the world’s biggest smartphone and memory chipmaker in South Korea and Vietnam, which together account for more than 80 per cent of the company’s total electricity consumption, are fuelled largely by coal and gas.

https://www.ft.com/content/1c8d38dc-4017-4ded-8603-c18ebf46320b