Samsung Electronics Co Ltd

Common Name
Samsung Electronics
Country
South Korea
Sector
Technology
Industry
Consumer Electronics
Employees
127,172
Ticker
005930
Exchange
KOREA EXCHANGE
Description
Samsung Electronics Co., Ltd. is a leading global technology conglomerate renowned for its diverse range of electronic products and innovation in the semiconductor industry. Primarily, Samsung Electro...

Samsung Electronics Energy Data Preview

In 2023, Samsung Electronics disclosed key data related to its energy management practices, providing transparency into its operational energy use in line with recognized sustainability reporting frameworks.

Samsung Electronics disclosed progress toward renewable energy adoption, highlighting the share of total energy sourced from renewable versus non-renewable sources.

Finally, Samsung Electronics also reported the types of energy sources as well as generation technologies, helping stakeholders evaluate Samsung Electronics's reliance on fossil fuels versus cleaner alternatives.

Metric (GJ)2023202220212020 - 2017
Total Energy Consumed
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Renewable Energy Consumed
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Non-renewable Energy Consumed
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Electricity Consumed
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Verified Sources Behind Samsung Electronics’s Energy Management Data

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a. Samsung Electronics's Sustainability Report 2024
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Insights into Samsung Electronics's Energy Renewability

In 2023, Samsung Electronics consumed a total of 131.04 million Gigajoules of energy across its operations. Of this total, 25.52% was sourced from renewable energy, either derived from natural resources like biofuels, biomass, or biogas, or generated using renewable technologies such as solar or wind power. The remaining 74.48% was classified as non-renewable energy, coming from fossil-based fuels such as coal, natural gas, or crude oil, or from non-renewable generation technologies like nuclear power. a

Samsung Electronics's Energy Renewability Rate

26%

How much of Samsung Electronics's energy consumed is renewable?

In 2023, Samsung Electronics consumed a total of 131.04 million Gigajoules of energy, of which 25.52% was derived from renewable sources, including biofuels, biomass, biogas, solar, and wind power. a

This moderate level of renewable energy adoption indicates that Samsung Electronics is transitioning toward cleaner energy sources, though a significant share of its energy mix still relies on non-renewable inputs.

Are Samsung Electronics's energy practices becoming more sustainable?

Since 2021, Samsung Electronics's total energy consumption increased by 12.61%, including a 3.47% increase in 2023, reflecting a sustained rise in overall energy demand. a

Over the same period, the share of renewable energy in Samsung Electronics's consumption increased by 56.28%, including a 3.14% increase in 2023, showing consistent progress in clean energy adoption. a

Overall, Samsung Electronics has seen rising energy demand, but has also made strong and consistent progress in increasing its reliance on renewable energy—mitigating the environmental impact of its growing consumption.

Samsung Electronics's Renewable vs Non-renewable Energy Over Time

107.36 M52.36 M2.64 M107.36 MGigajoules (GJ)20212022202316%25%26%84%75%74%
  • Renewable Energy Consumed
  • Non-renewable Energy Consumed

Insights into Samsung Electronics's Energy Consumption & Production Mix

In 2023, Samsung Electronics disclosed detailed information on the sources and generation technologies of the energy it consumed. This disclosure enables a clearer assessment of the Samsung Electronics's overall energy mix, its sourcing strategy, and its reliance on fossil fuels versus cleaner alternatives such as renewables and low-carbon technologies. a

Samsung Electronics's Energy Consumed by Sources and Technologies

Electricity(Unspecified Source)(82.3%)Liquefied NaturalGas (LNG)(17.7%)

What are the main sources and generation technologies behind Samsung Electronics's energy consumption?

In 2023, Samsung Electronics's total energy consumption was primarily sourced from a

  • Electricity (Unspecified Source) (82.3%)
  • Liquefied Natural Gas (LNG) (17.7%)

How diverse is Samsung Electronics’s energy consumption mix?

In 2023, Samsung Electronics consumed energy from 2 different sources or generation technologies, indicating a highly concentrated energy mix, with Electricity (Unspecified Source) alone accounting for 82.3% of total consumption. a

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