We have expanded the list of climate policies we assess company engagement with to incorporate land-use related policy, referring to legislative or regulatory measures to enhance and protect ecosystems and land where carbon is being stored. Assessments under this category are currently underweighted in terms of their contribution to the overall company metrics. This weighting will be progressively increased over the next 6 months.
We adjusted the terminology used to describe the queries running down the left-hand side of our scoring matrix and added additional explanatory text to the info-boxes. This has no impact on the scores and methodology. It has been done following user feedback to improve clarity.
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
The CEO of Samsung Electronics, Han Jong-hee, is the Chairman of the Korea Electronics Association. (KEA website, last accessed September 2022)
Han Jong-hee
--no extract--
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
The CEO of Samsung Electronics, Han Jong-hee, is the Chairman of the Korea Electronics Association. (KEA website, last accessed September 2022)
Han Jong-hee
--no extract--
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
A Director at Samsung Electronics, Lee In-yong, is the Vice President of the Korea Enterprises Federation (KEF). (KEF website, last accessed July 2022)
Lee In-yong (이인용)
--no extract--
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
A Director at Samsung Electronics, Lee In-yong, is the Vice President of the Korea Enterprises Federation (KEF). (KEF website, last accessed July 2022)
Lee In-yong (이인용)
--no extract--
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
The co-CEO of Samsung Electronics, Park Yong-in, is the Vice President of the Korea Semiconductor Industry Association (KSIA). (KSIA website, last accessed September 2022)
Park Yong-in
--no extract--
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
The co-CEO of Samsung Electronics, Park Yong-in, is the Vice President of the Korea Semiconductor Industry Association (KSIA). (KSIA website, last accessed September 2022)
Park Yong-in
--no extract--
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
Lee In-yong, a Director at Samsung Electronics, is Vice Chairman of the Seoul Chamber of Commerce and Industry, the biggest regional member of the KCCI (KCCI Website, last accessed July 2022)
Lee In-yong (이인용)
--no extract--
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
Lee In-yong, a Director at Samsung Electronics, is Vice Chairman of the Seoul Chamber of Commerce and Industry, the biggest regional member of the KCCI (KCCI Website, last accessed July 2022)
Lee In-yong (이인용)
--no extract--
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
Samsung is a partner company in the Corporate Advisory and Support Group (Business Europe Website, last accessed July 2022)
not specified
--no extract--
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
Samsung is a partner company in the Corporate Advisory and Support Group (Business Europe Website, last accessed July 2022)
not specified
--no extract--
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
Samsung is a direct member of the Information Technology Industry Council (ITI website, last accessed July 2022)
not specified
--no extract--
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
Samsung is a direct member of the Information Technology Industry Council (ITI website, last accessed July 2022)
not specified
--no extract--
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
Choi Joo-ho, Vice President of Samsung Electronics Vietnam, is the Vice Chair of the In-country Bureau (지상사국) of KorCham in Vietnam (KorCham Vietnam website, last accessed July 2022)
Choi Joo-ho (최주호)
--no extract--
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
Choi Joo-ho, Vice President of Samsung Electronics Vietnam, is the Vice Chair of the In-country Bureau (지상사국) of KorCham in Vietnam (KorCham Vietnam website, last accessed July 2022)
Choi Joo-ho (최주호)
--no extract--
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
Samsung is a direct member of the US Chamber of Commerce (US Chamber website article, last accessed October 2021)
not specified
--no extract--
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
Samsung is a direct member of the US Chamber of Commerce (US Chamber website article, last accessed October 2021)
not specified
--no extract--
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
Samsung Electronics is a direct member of the Korea Business Council for Sustainable Development (KBCSD). (KBCSD website, last accessed July 2022)
not specified
--no extract--
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
Samsung Electronics is a direct member of the Korea Business Council for Sustainable Development (KBCSD). (KBCSD website, last accessed July 2022)
not specified
--no extract--
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
Samsung Australia is one of over 100 full members of the Australian Chamber of Commerce and Industry (Australian Chamber of Commerce and Industry website, last accessed July 2022)
not specified
--no extract--
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
Samsung Australia is one of over 100 full members of the Australian Chamber of Commerce and Industry (Australian Chamber of Commerce and Industry website, last accessed July 2022)
not specified
--no extract--
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
Samsung Electronics is a direct member of the Korea International Trade Association (KITA) (KITA website, last accessed July 2022)
not specified
--no extract--
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
Samsung Electronics is a direct member of the Korea International Trade Association (KITA) (KITA website, last accessed July 2022)
not specified
--no extract--
In this section, we depict graphically the relationships the corporation has with trade associations, federations, advocacy groups and other third parties who may be acting on their behalf to influence climate change policy. Each of the columns above represents one relationship the corporation appears to have with such a third party. In these columns, the top, dark section represents the strength of the relationship the corporation has with the influencer. For example if a corporation's senior executive also held a key role in the trade association, we would deem this to be a strong relationship and it would be on the far left of the chart above, with the weaker ones to the right. Click on these grey shaded upper sections for details of these relationships. The middle section contains a link to the organization score details of the influencer concerned, so you can see the details of its climate change policy influence. Click on the middle sections for for details of the trade associations. The lower section contains the organization score of that influencer, the lower the more negatively it is influencing climate policy.
Open PDF file of Data Source
Climate Policy Engagement Overview: Samsung Electronics appears to have low levels of engagement with climate legislation. Samsung Electronics has expressed top-line support for emissions reductions and some climate regulations, such as the EU’s Green Deal and Energy Efficiency Standards. However, Samsung Electronics appears to engage in very little direct climate policy engagement.
Top-line Messaging on Climate Policy: Samsung Electronics appears to support the science of climate change, stating that climate change is "resulting at least in part from a surge in the use of fossil fuels" on its corporate website, last accessed in August 2022. Evidence from the Samsung Electronics Sustainability Report 2020 suggests support for GHG emissions reductions in line with IPCC recommendations, referencing both 2℃ and 1.5℃ global warming targets. In a ‘Climate Infographic’ on the Samsung Business website, last accessed in August 2022, the company states support for the European Green Deal and "the transition to cleaner energy". In the same infographic, the company showed high-level support for the role of regulation in mitigating climate change, referencing the "crucial role" of "governmental regulations" in the energy transition.
Engagement with Climate-Related Regulations: Samsung Electronics appears to have limited engagement with climate-related regulations. In March 2021, Samsung Electronics published a press release expressing support for new energy efficiency standards introduced by the European Commission. In May 2021, the company participated in CERES ‘Lead on Climate’ initiative, which supported the US Biden administration’s commitment to reach 50-52% emissions by 2030 and net-zero. In its 2021 CDP response, Samsung Electronics stated that as part of the Green Growth Action Alliance it supports policy solutions such as carbon pricing, although it added a broad caveat that this should not "jeopardize fair trade."
Samsung disclosed in its 2021 CDP response that it is part of a CER Exchange Committee hosted by the Ministry of Environment, in which it communicates its perspective on the Korean Emissions Trading Scheme (K-ETS). It did not however provide detail on exactly what these positions are.
Positioning on Energy Transition: In a white paper published in 2020, Samsung Electronics acknowledged the ‘crucial role’ that government regulations have to play in implementing the clean energy transition. In its ‘Climate Infographic’ on the Samsung Business website, last accessed August 2022, the company broad support for "accelerated use of electricity from renewables sources", and the promotion of renewable and low carbon fuels in other sectors. In its 2021 CDP response, Samsung Electronics also stated support for ending inefficient fuel subsidies.
Industry Association Governance: Samsung Electronics has not disclosed any memberships of industry associations on its corporate website and disclosed only one membership, to the Korea Business Council for Sustainable Development, in its 2021 CDP response. InfluenceMap has found that Samsung Electronics is a member of several industry associations that are actively engaging on climate policy, including the Korea Chamber of Commerce and Industry, the Korea Enterprises Federation, and the Australian Chamber of Commerce and Industry. Samsung Electronics has not published a review of its alignment with its industry associations.