Samsung is one of the most innovative brands of 2022 in terms of sustainability

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Samsung is one of the most innovative brands of 2022 in terms of sustainability

Last updated: September 16, 2022 at 13:53 UTC+02:00

Many companies are ready to talk about climate and sustainability, but as it turns out, most don’t want to walk. According to a recent study by BCG, only about one in five companies are prepared to act on their climate and sustainability claims. Many say that sustainability is their company’s top priority, but few develop products, processes, and business innovations to support a sustainable model. Meanwhile, Samsung is ranked in the top 10 most innovative companies of 2022 in the area of ​​climate and sustainability.

Samsung ranks 6th out of 50 in 2022 BCG list “Most Innovative Company” after Apple, Microsoft, Amazon, Alphabet, and Tesla. Again, in this case, the term “innovative” specifically relates to the efforts of these companies to change their business models and products in a climate-enabled and sustainable way.

According to the study, Samsung is one of the few companies that has embraced environmental, social and governance principles to lower its carbon footprint and create sustainable solutions.

Samsung is working for a cleaner future

As an example of Samsung’s recent efforts, the company developed eco-friendly retail boxes for many of its products and removed wall chargers for smartphones and tablets, in compliance with EU Commission regulations. It has expanded firmware support for multiple devices and launched a self-repair program for Galaxy smartphone users in the US.

Recently, Samsung announced that it wants to achieve net zero carbon emissions by 2050 and has joined the RE100 initiative to achieve its goal. The company is developing solutions to reduce power consumption and maximize product lifecycle. Samsung is also working to save water and reduce pollution for its semiconductor manufacturing processes.

Some of the latest Galaxy flagships even feature non-critical components made from recycled fishing nets and other post-consumer materials. All of these efforts combined, and more, have allowed the company to rank among the most innovative companies of the year.

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