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Samsung Foundation of Culture's Climate Report

Submitted on 2026-08-28  ·  Edited on 2026-09-01

Introduction *

1.1 End day of the reporting period*

2025-12-31

1.1.1 Reporting year*

2025

1.2 Describe your business activities*

We are a non-profit cultural foundation operating museums and providing exhibitions, education, research, and cultural programs.

1.4 Number of employees on the end day of the reporting period*

88

1.4.1 Full-time equivalent (FTE) or headcounts*

Headcounts

1.5 Is this report being submitted on behalf of a parent company or a subsidiary? If so, please briefly explain the relationship.*

Not applicable

1.5.1 Please explain the relationship*

-

Commitment and Targets *

2.1 Net zero target year*

2050

2.1.1 Base year*

2019

2.1.2 Base year value*

4489

Base year value confirmation*

I confirm that I have entered my base year value in metric tons CO2e

2.2 Near-term target*

50% of absolute scope 1+2 emission reduction from my base year by 2030

2.3 Provide any additional comments or context on your net zero and near term targets.*

-

2.4 To reduce emissions in line with my commitment, my company has a climate action plan and is taking action*

Yes, the plan and action include scope 1+2

Own Emissions *

Energy consumption

3.2 Total energy consumption*

21416667 kWh

3.3 Total renewable energy consumption*

0 kWh

Scope 1 emissions

3.4 Scope 1 emissions*

499.3 metric tons CO2e

Scope 2 emissions

3.5 Location-based Scope 2 emissions*

3248.9 metric tons CO2e

3.6 Market-based Scope 2 emissions*

3248.9 metric tons CO2e

Scope 1 and 2 units confirmation*

I confirm that I have entered all Scope 1 and 2 emissions values in metric tons CO2e

3.6.1 Have your Scope 1 and 2 emissions been independently verified by a third party?*

Yes

Please upload evidence of verification (PDF)*

3.7 Have you taken any actions to reduce Scope 1 and 2 emissions in the reporting period?*

Yes

3.7.1 What actions have you taken?*

Climate strategy and planning, Material circularity and waste reduction

3.7.2 Describe your actions taken to reduce Scope 1 and 2 emissions in the reporting period*

-

3.8 Which tools or methods did you use to calculate your Scope 1 and 2 emissions?*

Own internal calculations

3.8.1 Specify any additional details*

-

Value Chain Emissions (optional)

Scope 3 emissions

4.1 Have you measured any of your scope 3 emissions?*

Yes

Supply chain related - upstream emissions

Customer related - downstream emissions

Scope 3 units confirmation*

I confirm that I have entered all Scope 3 emissions values in metric tons CO2e

4.1.17 Have your Scope 3 (value chain) emissions been independently verified by a third party?*

No

4.2 Have you taken any actions to reduce scope 3 emissions in the reporting period?*

Yes

4.2.1 What actions have you taken to reduce scope 3 emissions in the reporting period?*

Transport and logistics, Material circularity and waste reduction, Digital and technology-enabled solutions

4.2.2 Provide any additional details*

-

4.3 Have you asked any of your suppliers to set a net zero target (either voluntarily or as a requirement)?*

No

4.3.1 What percentage of your suppliers have you asked?*

-

4.4 Have you communicated your commitment and actions to any of your customers?*

Yes

4.5 Which tools or methods did you use to calculate your scope 3 emissions?*

Own internal calculations

4.5.1 Specify additional details*

-

Climate Solutions (optional)

5.1 Do any of your existing products and/or services qualify as climate solutions or enabling solutions?*

No

5.2 Please confirm your solutions meet all the following safeguard requirements.*

What percentage of your total revenue came from these products and/or services last year?*

-

5.4 Provide descriptions/names of your solutions:*

-

5.5 How did you assess whether these are climate solutions?*

5.5.1 Has any third party validated this?*

-

5.5.2 Specify any additional details*

-

Governance, Strategy and Climate Risk (optional)

6.1 What governance processes do you have in place for your climate strategy? Choose as many as are applicable.*

Governance process in place

6.1 Explain*

-

6.1.1 Please describe their position and responsibility.*

-

6.1.2 Is this person (or another at executive and board level) also responsible for climate risk?*

-

6.1.3 Please describe the governance process in place*

Our climate strategy is overseen through an ESG governance framework led by the ESG Committee, with the Sustainability Team responsible for implementation, monitoring GHG emissions and progress toward climate targets, and reporting to management.

6.2 Have you started to identify and assess your companies climate risks and opportunities?*

Yes - we have identified both climate risks and opportunities

6.2.1 Where are the climate risks you've identified?*

Own operations

6.2.1 Explain*

-

6.2.2 How are you managing these climate risks? Choose as many as are applicable.*

We've started to prioritise climate risks

6.2.2 Explain*

-

6.2.3 Provide any additional comments or context on your climate risks:*

We have identified both transition and physical climate risks, including potential increases in carbon-related and facility investment costs, operational impacts from extreme weather events, potential asset damage, and changes in visitor numbers.

6.3 Have you integrated climate and/or nature into your company mission statement or shareholder agreements? If yes, describe how.*

No

-

6.4 Have you taken actions this year outside of your emissions to accelerate climate progress?*

Yes

We organized an ESG exchange program for cultural institutions to share environmental and sustainability practices, including climate action and resource circularity, and to promote collaboration across the sector.

Results, Challenges and Outlook *

7.1 Provide any additional comments or context on your annual results and progress from previous years.*

Scope 1 and 2 emissions increased slightly in 2025 compared with the previous year. However, total Scope 1 and 2 emissions remained approximately 16% below the 2019 baseline, while emissions intensity remained broadly stable. Scope 3 emissions increased primarily due to expanded measurement coverage and improved data collection.

7.2 Do you face any key challenges in reducing emissions?*

Reducing scope 1+2 emissions, Reducing scope 3 emissions, Balancing emission reductions with business growth, Complexities in managing supply chain emissions, Inaccurate or insufficient data

Specify other challenges*

-

7.3 Has there been any third party validation of the data submitted in this report?*

Yes

Our Scope 1 and Scope 2 GHG emissions have been independently verified by a third-party verification body. Scope 3 emissions are calculated based on internally collected activity data and relevant emission factors.

Samsung Foundation of Culture's Climate Report

Samsung Foundation of Culture's Climate Report - 2025

Introduction *

1.1 End day of the reporting period*

2025-12-31

1.1.1 Reporting year*

2025

1.2 Describe your business activities*

We are a non-profit cultural foundation operating museums and providing exhibitions, education, research, and cultural programs.

1.4 Number of employees on the end day of the reporting period*

88

1.4.1 Full-time equivalent (FTE) or headcounts*

Headcounts

1.5 Is this report being submitted on behalf of a parent company or a subsidiary? If so, please briefly explain the relationship.*

Not applicable

1.5.1 Please explain the relationship*

-

Commitment and Targets *

2.1 Net zero target year*

2050

2.1.1 Base year*

2019

2.1.2 Base year value*

4489

Base year value confirmation*

I confirm that I have entered my base year value in metric tons CO2e

2.2 Near-term target*

50% of absolute scope 1+2 emission reduction from my base year by 2030

2.3 Provide any additional comments or context on your net zero and near term targets.*

-

2.4 To reduce emissions in line with my commitment, my company has a climate action plan and is taking action*

Yes, the plan and action include scope 1+2

Own Emissions *

Energy consumption

3.2 Total energy consumption*

21416667 kWh

3.3 Total renewable energy consumption*

0 kWh

Scope 1 emissions

3.4 Scope 1 emissions*

499.3 metric tons CO2e

Scope 2 emissions

3.5 Location-based Scope 2 emissions*

3248.9 metric tons CO2e

3.6 Market-based Scope 2 emissions*

3248.9 metric tons CO2e

Scope 1 and 2 units confirmation*

I confirm that I have entered all Scope 1 and 2 emissions values in metric tons CO2e

3.6.1 Have your Scope 1 and 2 emissions been independently verified by a third party?*

Yes

Please upload evidence of verification (PDF)*

3.7 Have you taken any actions to reduce Scope 1 and 2 emissions in the reporting period?*

Yes

3.7.1 What actions have you taken?*

Climate strategy and planning, Material circularity and waste reduction

3.7.2 Describe your actions taken to reduce Scope 1 and 2 emissions in the reporting period*

-

3.8 Which tools or methods did you use to calculate your Scope 1 and 2 emissions?*

Own internal calculations

3.8.1 Specify any additional details*

-

Value Chain Emissions (optional) *

Scope 3 emissions

4.1 Have you measured any of your scope 3 emissions?*

Yes

Supply chain related - upstream emissions

Customer related - downstream emissions

Scope 3 units confirmation*

I confirm that I have entered all Scope 3 emissions values in metric tons CO2e

4.1.17 Have your Scope 3 (value chain) emissions been independently verified by a third party?*

No

4.2 Have you taken any actions to reduce scope 3 emissions in the reporting period?*

Yes

4.2.1 What actions have you taken to reduce scope 3 emissions in the reporting period?*

Transport and logistics, Material circularity and waste reduction, Digital and technology-enabled solutions

4.2.2 Provide any additional details*

-

4.3 Have you asked any of your suppliers to set a net zero target (either voluntarily or as a requirement)?*

No

4.3.1 What percentage of your suppliers have you asked?*

-

4.4 Have you communicated your commitment and actions to any of your customers?*

Yes

4.5 Which tools or methods did you use to calculate your scope 3 emissions?*

Own internal calculations

4.5.1 Specify additional details*

-

Climate Solutions (optional) *

5.1 Do any of your existing products and/or services qualify as climate solutions or enabling solutions?*

No

5.2 Please confirm your solutions meet all the following safeguard requirements.*

What percentage of your total revenue came from these products and/or services last year?*

-

5.4 Provide descriptions/names of your solutions:*

-

5.5 How did you assess whether these are climate solutions?*

5.5.1 Has any third party validated this?*

-

5.5.2 Specify any additional details*

-

Governance, Strategy and Climate Risk (optional) *

6.1 What governance processes do you have in place for your climate strategy? Choose as many as are applicable.*

Governance process in place

6.1 Explain*

-

6.1.1 Please describe their position and responsibility.*

-

6.1.2 Is this person (or another at executive and board level) also responsible for climate risk?*

-

6.1.3 Please describe the governance process in place*

Our climate strategy is overseen through an ESG governance framework led by the ESG Committee, with the Sustainability Team responsible for implementation, monitoring GHG emissions and progress toward climate targets, and reporting to management.

6.2 Have you started to identify and assess your companies climate risks and opportunities?*

Yes - we have identified both climate risks and opportunities

6.2.1 Where are the climate risks you've identified?*

Own operations

6.2.1 Explain*

-

6.2.2 How are you managing these climate risks? Choose as many as are applicable.*

We've started to prioritise climate risks

6.2.2 Explain*

-

6.2.3 Provide any additional comments or context on your climate risks:*

We have identified both transition and physical climate risks, including potential increases in carbon-related and facility investment costs, operational impacts from extreme weather events, potential asset damage, and changes in visitor numbers.

6.3 Have you integrated climate and/or nature into your company mission statement or shareholder agreements? If yes, describe how.*

No

-

6.4 Have you taken actions this year outside of your emissions to accelerate climate progress?*

Yes

We organized an ESG exchange program for cultural institutions to share environmental and sustainability practices, including climate action and resource circularity, and to promote collaboration across the sector.

Results, Challenges and Outlook *

7.1 Provide any additional comments or context on your annual results and progress from previous years.*

Scope 1 and 2 emissions increased slightly in 2025 compared with the previous year. However, total Scope 1 and 2 emissions remained approximately 16% below the 2019 baseline, while emissions intensity remained broadly stable. Scope 3 emissions increased primarily due to expanded measurement coverage and improved data collection.

7.2 Do you face any key challenges in reducing emissions?*

Reducing scope 1+2 emissions, Reducing scope 3 emissions, Balancing emission reductions with business growth, Complexities in managing supply chain emissions, Inaccurate or insufficient data

Specify other challenges*

-

7.3 Has there been any third party validation of the data submitted in this report?*

Yes

Our Scope 1 and Scope 2 GHG emissions have been independently verified by a third-party verification body. Scope 3 emissions are calculated based on internally collected activity data and relevant emission factors.

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