Samsung targets 100 percent renewable energy use by 2020

It's got some catching up to do.


Samsung has announced plans to power its US, Europe and China operations entirely by renewable energy sources within two years. It's already making good on its sustainability commitment in Korea, where the company is installing 42,000 square meters of solar panels in its Digital City, and is working on generating geothermal power at Pyeongtaek campus and Hwaseong campus by 2020.

It's an ambitious but achievable goal, no doubt spurred by the environmental credentials its rivals already boast in this area. Apple says it's now powered entirely by renewable energy, Google is offsetting all of its operational energy through wind and solar, and T-Mobile has already announced plans for 100 percent renewable energy by 2021. It makes financial sense, too, given reports that renewables will likely be cheaper than fossil fuels in just a couple of years' time. Samsung has some catching up to do, but better late than never.