From NRDC – Han Chen <[email protected]>
Subject Act Now: Another company building coal plants around the world
Date October 9, 2020 12:17 PM
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[ NRDC ]NRDC (Natural Resources Defense Council)



Tell Samsung: Ditch Coal or I Won't Buy Your Products



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Companies around the world are divesting from coal, but Samsung isn't.
Call on Samsung's CEOs to reverse course at once and divest fully from ALL
coal projects.



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Dear NRDC Activist,

Samsung claims that it's "acting now for a sustainable low-carbon future."
The company has even won awards for its sustainability practices.

But despite Samsung's pro-climate rhetoric, Samsung Group's subsidiaries,
including Samsung C&T and Samsung Securities, are still building coal
plants, providing billions in insurance for coal plants, and even funding
dangerous and environmentally ruinous coal mining operations.

If Samsung is serious about sustainability and helping fight the climate
crisis, they must divest from coal IMMEDIATELY.

[ [link removed] ]Please, send a message to Samsung that you'll hit them where it hurts —
their wallets — and refuse to buy ANY Samsung affiliated products this
holiday shopping season unless Samsung makes a plan to divest from coal
before then.

Coal plants are the single biggest source of global carbon emissions. They
also cause over 800,000 premature deaths due to respiratory and other
illnesses worldwide each year.

These tragedies are especially concentrated in countries that still rely
heavily on coal plants for energy, such as Vietnam. Yet, despite the known
health impacts in these regions, Samsung is rumored to be involved in
building the highly-controversial Vung Ang 2 coal plant in Vietnam.

Multiple banks have already divested from the project due to climate
concerns — now, we need to convince Samsung to do the same.

[ [link removed] ]Call on the CEOs of Samsung to put the livability of our planet before
their profits by backing out of the Vung Ang 2 project and divesting fully
from coal right away!

The U.N.'s Intergovernmental Panel on Climate Change has made it clear
that we MUST phase out the use of coal starting now if we're to have any
chance of staving off the worst impacts of the climate crisis.

Over 120 financial institutions around the world have already divested
from coal in recent years. So why is Samsung STILL building new coal-fired
power plants?

We know that activist pressure has convinced corporations to divest from
coal. Just last month, General Electric (GE) announced it would divest
from coal in response to public pressure, including from NRDC activists.
Now, we must put Samsung's feet to the fire and pressure them to follow
suit.

[ [link removed] ]Can I
count on you to stand with me and NRDC and make your voice heard today?

Samsung's products include cell phones and TVs, but there are also
products of Samsung subsidiaries such as sound systems by Harman, Mark
Levinson, AKG, or Revel; kitchen products from Dacor; headphones or
speakers from JBL or Infinity, or home products from SmartThings.

It's time to stop supporting Samsung when the company is not taking the
climate crisis seriously enough.

Thanks for taking action on this critical issue.

Sincerely,

Han Chen
Manager for International Energy Policy, NRDC


The mission of the Natural Resources Defense Council (NRDC) is to
safeguard the Earth: its people, its plants and animals, and the natural
systems on which all life depends.

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