Samsung Electronics Releases 2024 Sustainability Report

Samsung Semiconductor’s North American headquarters in San Jose, CA.
Samsung Semiconductor’s North American headquarters in San Jose, CA.
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Samsung

Samsung Electronics has released the results of materiality assessments focused on sustainable management that considers both the impacts of corporate activities on the external environment and external factors on the company. 

Samsung is upholding human rights and improving working environments while striving to create a strong corporate culture for executives and employees. The Global Grievance Resolution Policy was enacted in April 2024 to ensure grievances received are fairly and consistently handled per the company’s Global Human Rights Principles. 

Continuing its support for employees with disabilities, Samsung opened a subsidiary standard workplace in 2023 called "Stellar Forest” to create sustainable jobs for people with developmental disabilities. Starting with a confectionary manufacturer that supplies baked goods to Samsung employees, Stellar Forest plans to diversify into additional industries to create more job opportunities for those with disabilities.

Furthermore, the company expanded its security platform Samsung Knox to cover not only smartphones but also smart TVs and smart home appliances. With regular security updates of Galaxy mobile devices, Samsung extended the support period for security updates up to seven years starting from January 2024.