In July 2020, Samsung Semiconductor established the DS Sustainable Management Office as an organization directly under the CFO to promote sustainable management tailored to the needs of the business. Each business division has also formed an individual office directly under the division head to implement sustainability in the field.
In 2021, a sustainability category was added to internal
performance evaluations to motivate management and
employees to incorporate sustainability into all
As we continue to roll out sustainability practices to all areas,
we plan to develop and refine sustainability category items to ensure fair evaluations and compensations.
Through regular meetings, the Board of Directors and the Sustainability Committee explore and discuss sustainability management in areas including ESG (environment, society, and governance).
Samsung Semiconductor holds Sustainability Management meetings led by the CFO to regularly review sustainability issues with the five main departments.
To respond to climate change, Samsung operates
a company-wide Sustainability Management
Council where executives in each sector meet
regularly to review sustainability management
And depending on the issue, the discussed items may be escalated to the Board of Directors and the Governance Committee for further review.
1) Supplier Social & Environmental Responsibility