Samsung Electronics to invest over $5 Billion to achieve net zero emissions by 2050

Samsung Electronics on Thursday announced its new environmental strategy which is build on company’s existing climate effort. The new strategy is in alignment with company’s plans to cut down on fossil fuel usage and eventually run its entire global operations with clean electricity by 2050.

As a part of this effort, Samsung has joined the “RE100” campaign to get 100 percent of electricity from renewable sources like wind or solar power and use it for the electric power needs of all international markets where it operates, outside of Korea, within five years.