Samsung Card Co is a South Korean company that operates in the credit card lending sector. The company was established in 1988 and has since grown to become one of the leading credit card issuers in South Korea. Samsung Card Co is a subsidiary of Samsung Group, one of the largest conglomerates in South Korea.
Samsung Card Co offers a wide range of credit card products to its customers, including rewards cards, cashback cards, and premium cards. The company has a strong focus on customer service and offers a range of benefits and perks to its cardholders. In addition to its credit card business, Samsung Card Co also offers personal loans and insurance products.
In recent years, Samsung Card Co has been working to reduce its carbon footprint and promote decarbonisation. The company has set a target to reduce its greenhouse gas emissions by 30% by 2030, compared to its 2018 baseline. To achieve this target, Samsung Card Co has implemented a range of measures, including energy efficiency improvements in its offices and data centers, and the use of renewable energy sources.
One of the key initiatives that Samsung Card Co has undertaken to promote renewable energy is the use of corporate power purchase agreements (PPAs). A corporate PPA is a long-term contract between a company and a renewable energy provider, which guarantees the purchase of a certain amount of renewable energy at a fixed price. Samsung Card Co has signed several corporate PPAs with renewable energy providers in South Korea, including wind and solar power projects.
In addition to its use of corporate PPAs, Samsung Card Co has also invested in renewable energy projects directly. The company has installed solar panels on the roofs of its offices and data centers, which generate renewable energy and help to reduce the company's reliance on grid electricity.
Samsung Card Co has also implemented a range of measures to improve its corporate energy efficiency. The company has conducted energy audits of its offices and data centers, and has implemented energy-saving measures such as the use of LED lighting and the installation of energy-efficient HVAC systems. These measures have not only helped to reduce the company's carbon footprint, but have also resulted in significant cost savings.
In conclusion, Samsung Card Co is a leading credit card issuer in South Korea that has made a strong commitment to decarbonisation and the use of renewable energy. The company has set a target to reduce its greenhouse gas emissions by 30% by 2030, and has implemented a range of measures to achieve this goal, including the use of corporate PPAs and the installation of renewable energy systems. Samsung Card Co's focus on energy efficiency has also resulted in significant cost savings for the company.