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Samsung C&T Corporation, founded in 1938, is a leading global engineering, procurement and construction (EPC) firm headquartered in Seoul, South Korea, and a subsidiary of the Samsung Group. Samsung C&T provides building construction, civil engineering and housing development services for commercial, industrial, infrastructure and residential projects. The company operates in major cities worldwide, including Dubai, New York, Singapore and Seoul, and has been involved in projects such as the Burj Khalifa in Dubai, the Petronas Towers in Kuala Lumpur and the Incheon Bridge in South Korea.
Summary
Samsung C&T discloses information on some topics related to urban sustainability but lacks disclosure on many important topics. The company highlights its efforts to maintain environmental quality by controlling air and noise pollution and monitoring water quality. Additionally, it reports progress in reducing greenhouse gas emissions and has set a target to use 100% renewable energy by 2030.
There are, however, opportunities for Samsung C&T to improve its performance. In addition to the company’s aim to achieve a water recycling rate of 27.4% by 2025, it is recommended to disclose time-bound targets for reducing water withdrawal. Although Samsung C&T reports a decrease in total waste discharged, it should also provide information on its total waste generation. The company has an opportunity to strengthen its policy commitments to fundamental human and labour rights.
Another significant gap in the company’s reporting is the lack of transparency regarding how it determines living wages in the regions where it operates. Establishing a clear reporting process for wage determination can enhance Samsung C&T’s alignment with international labour standards. By addressing these gaps, Samsung C&T can strengthen its sustainability practices and ensure more equitable operations.
Ranking position
#72
/300
Total score
19.2
/100
Measurement area
Score
Rank (0-300)
Measurement area
Governance & Strategy
Score
# 1
8.3
/100
Rank (0-300)
#128
Measurement area
Inclusive Cities
Score
# 1
23.3
/100
Rank (0-300)
#100
Measurement area
Healthy Cities
Score
# 1
25.3
/100
Rank (0-300)
#8
Measurement area
Climate Proof & Resilient Cities
Score
# 1
16.7
/100
Rank (0-300)
#67
Measurement area
Core Social Indicators
Score
# 1
22.2
/100
Rank (0-300)
#88
Industries
Industries
Construction
#10
More about the company
Headquarters
South Korea
Ownership structure
Public
Revenue
USD 33,421 billion (2022)
Number of employees
11957 (2022)
Website
https://www.samsungcnt.com
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