Samsung to invest over $5B to become carbon neutral by 2050

Samsung Electronics to invest $5.02B by 2030 as part of sweeping environmental initiatives aimed at making the company carbon neutral by 2050

Samsung says it has joined a group of global corporations committed to 100 percent renewable energy called RE100, following in the footsteps of global peers such as Apple, TSMC and Intel.

The company is seeking to make its devices business carbon neutral earlier — by 2030 — and also plans to boost the recycling of resources such as lithium and plastic. In addition to its net zero emissions and water goals, Samsung plans to increase the recycling of resources such as lithium and cobalt used in Samsung devices.

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