'Carbon Neutral Winner' Samsung Joins Hands with Korea Energy Agency for Mutual Growth

Samsung Electronics, Carbon Neutrality Winner for 3 Consecutive Years
MOU with KEPCO KDN for Energy Saving in Home Appliances and ESG Support for Partners
"Leading Innovation Technology Development, Collaborating to Support Partners' Greenhouse Gas Reduction"

Samsung Electronics, recognized as a 'Carbon Neutral Winner' for three consecutive years by civic groups and the government, has signed a business agreement with the Korea Energy Agency to collaborate on energy saving and mutual growth. The plan includes supporting not only carbon reduction activities but also the environmental, social, and governance (ESG) management of partner companies.

Moon Jong-seung, Vice President of Samsung Electronics' Digital Appliances (DA) Division (left), and Lee Sang-hoon, Chairman of the Korea Energy Agency, are posing for a commemorative photo on the 5th after signing a Memorandum of Understanding (MOU) for "Energy Saving in Home Appliances and Mutual Growth." Photo by Samsung Electronics

Samsung Electronics announced that it held a signing ceremony for the agreement on energy saving of home appliances and mutual growth with the Korea Energy Agency at its Suwon plant in Suwon City, Gyeonggi Province, in May. The ceremony was attended by Moon Jong-seung, Vice President of Samsung Electronics' Digital Appliances (DA) Division, and Lee Sang-hoon, Chairman of the Korea Energy Agency.

The two organizations agreed to mutually cooperate in areas such as policy and system collaboration to quickly introduce products applying new technologies to the market, establishing a foundation for the development of energy reduction technologies through innovative technology research and information exchange, and supporting the spread of energy-saving practices among the public.

Samsung Electronics plans to leverage its specialized technology to proactively develop high-efficiency and low-power technologies and provide necessary information for research on new technology status and industry trends. It will also carry out activities to spread social value by supporting partner companies in reducing greenhouse gas emissions and assisting their ESG management.

Chairman Lee Sang-hoon said, "After the agreement, we aim to create a model case of cooperation between public institutions and large corporations, covering energy saving of home appliances and mutual growth with small and medium-sized enterprises."

Vice President Moon Jong-seung stated, "Samsung Electronics has been striving to reduce home appliance energy consumption by developing high-efficiency products based on overwhelming technological capabilities and applying artificial intelligence (AI)-based energy-saving functions. We will work more closely for a sustainable future through new technology development and partner support, taking this agreement as an opportunity."

Earlier, in July, Samsung Electronics received the 'Energy Grand Prize' for six consecutive years and the 'Carbon Neutral Winner Award' for three consecutive years at the 27th Annual Energy Winner Awards hosted by the Consumer Citizens' Organization and sponsored by the Ministry of Trade, Industry and Energy, the Ministry of Environment, and the Korea Energy Agency. The Carbon Neutral Winner Award was given to the 'Bespoke Cube Air Infinite Line,' which features a reusable filter that reduces disposable waste.