Samsung Electronics Ranks 10th Globally in Utilizing 'Sustainable Digital'
[Asia Economy Reporter Changhwan Lee] Samsung Electronics' 'digital inclusion' ranked among the top globally among major companies.
On the 3rd, the World Benchmarking Alliance (WBA) announced that Samsung Electronics ranked 10th in the Digital Inclusion Benchmark survey of 100 major global companies.
WBA is a global sustainability management alliance established to realize the UN's Sustainable Development Goals (SDGs) through strengthening corporate ESG (environment, social, and governance). Approximately 176 institutions worldwide, including academia, NGOs, consulting firms, and investors, participate.
Digital inclusion is a newly established evaluation by WBA this year that measures how sustainably companies research, support, and share digital technologies with society. Samsung Electronics ranked 3rd among Asian companies and 4th among all hardware companies.
According to WBA, Samsung Electronics was highly rated for actively contributing to open-source software, continuously supporting basic science research through the Samsung Future Technology Development Project, and being one of the few companies to disclose 'AI Ethics Principles' for the ethical use of AI (artificial intelligence) technology.
Additionally, Samsung received a high evaluation in innovation, earning 1.8 points out of 2, for supporting socially beneficial technology activities through its in-house venture program, C-Lab.
Furthermore, Samsung Electronics was praised for operating social contribution programs that provide digital technology education at various levels, offering the 'Samsung Kids' feature on smartphones to help children use phones healthily, and running social contribution programs that reduce the digital divide for vulnerable groups such as women and people with disabilities.
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This year, WBA selected 100 global companies related to digital technology, including hardware, telecommunications, and IT services, for the digital inclusion evaluation, and plans to expand the evaluation target to 200 companies by 2023.
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