Samsung powers up with green energy at Vietnamese facilities.

By Oliver Townsend Jul 10, 2024
Samsung boosts renewable energy in Vietnam facilities.jpegOrginal image from: https://www.kedglobal.com/esg/newsView/ked202407100004

Samsung Electronics is making strides in boosting renewable energy in its facilities located in Vietnam. The company has announced plans to directly purchase renewable energy under Vietnam’s new DPPA system, which allows companies to buy renewable energy from private power producers. This move is part of Samsung’s commitment to eco-friendly operations and sustainability.

Samsung Electronics Embraces Renewable Energy in Vietnam

The Vietnamese government recently issued a decree that permits companies to enter into contracts for renewable energy directly with private power producers through the DPPA system. This initiative strengthens the institutional foundation for securing renewable energy and promoting sustainable practices in the country. Samsung Electronics is leveraging this opportunity to enhance its eco-friendly operations and reduce its carbon footprint.

Impact of DPPA System Implementation

With the implementation of the DPPA system, Samsung Electronics’ facilities in Vietnam can now source renewable energy from private power producers. This not only supports the company’s sustainability goals but also contributes to the overall environmental efforts in Vietnam. By working closely with the Vietnamese government and other stakeholders, Samsung Electronics is demonstrating its commitment to responsible business practices.

Collaboration for Sustainability

Samsung Electronics has been collaborating with various stakeholders, including government entities and civil society organizations, to introduce the DPPA system and promote eco-friendly operations. By partnering with private power producers, the company is driving the adoption of renewable energy sources and setting a positive example for other businesses in the region. This collaborative approach is essential for achieving long-term sustainability goals.

Benefits of Renewable Energy Adoption

The transition to renewable energy brings numerous benefits, including reducing greenhouse gas emissions, mitigating climate change, and fostering energy independence. By embracing renewable energy sources, Samsung Electronics is not only contributing to a cleaner environment but also positioning itself as a leader in sustainable business practices. This shift towards renewable energy reflects the company’s commitment to innovation and environmental responsibility.

Future of Eco-Friendly Operations

As Samsung Electronics continues to invest in renewable energy and sustainable practices, the company is paving the way for a greener future. By prioritizing eco-friendly operations in its facilities and supply chain, Samsung is setting new standards for corporate sustainability and environmental stewardship. The company’s dedication to renewable energy in Vietnam is a testament to its commitment to creating a more sustainable world.

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