Samsung has achieved various independent environmental certifications from Electronic Product Environmental Assessment Tool, Blue Angel, and Nordic Swan. According to the company, Samsung has the highest number of external environmental certifications of any electronics company. Samsung implemented its own Eco Design and Rating system and intends to achieve a 100% Eco-product rate by 2013. Also by 2013, Samsung plans to improve the energy efficiency of its core products by more than 40% from 2008 levels and reduce standby power needs to 0.5W or below.
To eliminate inefficiencies and minimize the environmental impacts of its production processes, Samsung has adopted an energy management system and invested billions to reduce the level of halogenated gases and emissions of perflurocarbons and sulfur hexafluoride. In 2004, Samsung publicly committed to eliminating polyvinyl chloride (PVC) and brominated flame retardants from all of its new models by 2010. However, this goal was not met. Portfolio 21 will continue to monitor the progress made by Samsung to eliminate these raw materials from its products.
To the best of our knowledge the above information is accurate and was obtained from sources we believe to be reliable. Neither the information presented above nor any opinion expressed shall be construed as an offer to sell or a solicitation to buy the security. The views expressed are those of portfolio management as of 9/30/12 and may not reflect current opinions or subsequent events.