Tech giant wins recognition for repurposing ocean-bound plastic
Samsung Electronics announced on Dec. 13 that the company had won the 2022 SEAL Business Sustainability Awards for transforming discarded fishing nets into recycled material for its Galaxy devices.
Every year, a panel of ESG experts convenes to decide the recipients of the SEAL Awards, which recognizes the most impactful sustainability initiatives and top companies that drive environmental progress.
Samsung is a recipient of the SEAL Sustainable Product Award, which honors inspiring purpose-built products that move and change the world in a better way.
Short for Environmental, Social, and corporate Governance, ESG has been recognized as three central factors in improving the sustainability of a company or business.
“We are honored to receive the 2022 SEAL Sustainable Product Award for our efforts to advance more circular product designs and by doing more with less when it comes to ocean plastic waste,” Samsung Executive Vice President Park Sung-sun said in a statement.
“Samsung is committed to continuing our sustainability journey and unleashing the company’s scale, innovation, and spirit of open collaboration to deliver even more tangible climate actions.”
SEAL Awards founder Matt Harney said that the world was required to take action in a very prompt and effective way for our environments.
“A staggering 640,000 tons of fishing equipment are abandoned in the ocean each year, trapping and entangling marine life and damaging coral reefs,” he said.
“We applaud Samsung for transforming the Galaxy smartphone series to combat this environmental challenge.”
Discarded fishing nets are one of the most widespread and invasive ocean-bound plastics that pose a serious threat to marine life and our planet. Samsung first incorporated recycled discarded fishing nets with the Galaxy S22 series.
Samsung Electronics is the world’s largest maker of memory chips and smartphones.