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As a world leader in sustainability, Samsung takes pride in the fact that our manufacturing practices are rooted in corporate social responsibility. At Samsung, we know that consumers expect companies to consider – and make decisions based on – the impact they have on the world.

Philanthropic contributions to communities and organizations can have a truly meaningful impact – at Samsung we recognize that as much as anyone. However, over the past several years we’ve also broadened our approach to expand operational investments that will bring lasting change to the world around us.

By incorporating sustainability into our day-to-day business, we can radically alter not only Samsung’s impact, but enable our consumers to reducing their impact as well. Here is a look at just a few of our most recent changes:

100% Renewable by 2020: This month, we announced plans to source renewable energy for 100% of the energy used for all Samsung factories, office buildings, and operational facilities in the United States, Europe and China by 2020.  We joined the World Wildlife Fund’s (WWF’s) Renewable Energy Buyers’ Principles and the Rocky Mountain Institute’s Business Renewables Center to protect the planet and serve as a global environmental steward.

We will join the Carbon Disclosure Project (CDP) supply chain program next year and we will be encouraging our partners across the supply chain to set their own renewable energy targets.  Notably, we were ranked in the 2017 Carbon Disclosure Project (CDP) ‘A List’ in both climate change and water security, placing us in the CDP ranking for eight consecutive years.

ENERGY STAR Certified Products: Last year, over 800 Samsung products available in North America were certified by ENERGY STAR®, a U.S. EPA-backed program of energy efficiency and a trusted symbol for energy-efficient products. Thirty-eight products were further certified as “Most Efficient,” a top distinction that recognized products that deliver cutting edge energy efficiency along with the latest in technological innovation.  Moreover, our commitment to ENERGY STAR spans to our buildings as demonstrated by the fact that Samsung’s Brand Experience store is  ENERGY STAR®-certified and was the only office building in New York with a perfect score in 2017.

We received the 2018 ENERGY STAR® Partner of the Year – Sustained Excellence Award for continued leadership and superior contributions to ENERGY STAR. This is the 7th Partner of the Year award presented to Samsung and the 5th time within Sustained Excellence.  This builds on Samsung’s leadership in innovation as demonstrated by the 2016 EPA ENERGY STAR Emerging Technology Award of 2016.   The Emerging Technology Award recognizes products that are at the forefront of energy conservation and climate protection and we were recognized for the innovative R-600a refrigerant system, which met the EPA’s demanding performance criteria to reduce energy use and lower greenhouse gas emissions.

“Samsung has been a strong ally to the American Council for an Energy Efficient Economy in supporting energy efficiency programs. We appreciate Samsung’s leadership in supporting ENERGY STAR® – an EPA program which benefits the environment by strengthening energy security and reducing stress on the grid. ENERGY STAR® is the trusted source for recognizing energy efficient products and engaging in consumer education, helping consumers save money.”

– Steve Nadel, Executive Director of The American Council for an Energy-Efficient Economy

“We want to create a world that uses energy more productively to achieve economic growth, a cleaner environment and greater energy security, affordability and reliability. … We won’t be able to reach our goals without the leadership of companies like Samsung, and we are thrilled to work alongside them to build a more energy-productive future.”

– Jason Hartke, President of the Alliance to Save Energy

Galaxy Upcycling: In May, Samsung Electronics America was named an Environmental Leader 2018 Project of the Year Award winner for its Galaxy Upcycling program, which will allow Galaxy phone owners to retrofit the hardware and software of antiquated, used Galaxy phones into new technology products such as closed-circuit TVs, gaming consoles, and IoT devices. It has also received the U.S. Environmental Protection Agency’s (EPA) Cutting Edge Champion Award.

Environmental Leadership: Our company leadership is being recognized for their contributions in driving towards a more sustainable world.  Dr. Dochul Choi, Senior Vice President of R&D at Samsung Electronics America, was honored as a Top 75 2018 Environmental Leader for his efforts in driving sustainability management.

Through the innovative development of today’s most sustainable mobile devices and home appliances, coupled with our commitment to renewable energy – more of which can be found in our recently issued 2018 Sustainability Report – Samsung has broken out of the box-checking mentality and into the sustainable future that our consumers expect.

John Godfrey is the Senior Vice President of Public Policy at Samsung.

The post Samsung Continues Raising the Bar on Environmental Stewardship appeared first on Shopfloor.

In June, EPA announced it would solicit public input on whether and how to change the way it considers costs and benefits in making regulatory decisions. As was first reported in Politico on Tuesday, the NAM filed comments outlining manufacturers’ priorities for reform and listed numerous examples of flawed and costly rulemaking.

The NAM’s comments included the following recommendations:

  • If costs and benefits will accrue over a 30-year time horizon, the Agency should provide cost and benefit estimates for the whole time horizon, not simply a snapshot of what costs and benefits would look like in a given year within the range.
  • When compliance with a rule is based on unknown controls, EPA must base its calculation of those unknown controls on realistic assumptions.
  • When costs and benefits will accrue to the whole economy, EPA should model the impact on the whole economy, not just a part of it.
  • The Agency should avoid relying on outdated data, studies and methodologies, and it should similarly avoid being overly speculative.
  • The Agency can achieve the consistency and specificity it seeks through statute-specific rulemakings that allow for more tailored approaches reflecting the unique statutory requirements.

As I wrote in our filing:

Manufacturers strongly support EPA’s mission. Moreover, the benefits of appropriate regulations are clear and supported by the public. The issue is how to enable the regulatory system to address legitimate concerns without unreasonably impeding innovation, research, development and product deployment. Too often in the regulatory process, the vital national public policy objectives of international competitiveness and technological innovation are given short shrift due to other competing mandates. In order to protect public health and the environment, the NAM supports a regulatory process designed to adhere to sound principles of science, risk assessment and robust benefit-cost analysis … In our view, there are three pillars of effective regulatory cost considerations: transparency, scientific integrity and accountability. In other words, the rule-making process should be conducted out in the open and backed up by objective, unimpeachable science, while being overseen by officials who are held accountable.

The NAM’s full comments can be viewed here.

The post NAM Weighs In On EPA’s Proposed Cost-Benefit Analysis Reform appeared first on Shopfloor.

For more stories on how tax reform is fueling manufacturers in the “Keeping Our Promise” series, visit NAM.org/TaxStories.

Huntington Ingalls Industries—the largest military shipbuilder in the United States—is planning a “generational” investment in their business and their employees, thanks to tax reform.

“When tax reform came around, we knew we wanted to reinvest in our business,” explained Bill Ermatinger, executive vice president and chief human resources officer at Huntington Ingalls. “We put it on a whiteboard to see who our stakeholders were, and we came up with four: employees, customer, communities and shareholder.”

Huntington Ingalls set out to do just that. First on the agenda? Rewarding their nearly 40,000 employees in shipyards across the country.

“We decided our employees would benefit most from an immediate cash bonus,” said Ermatinger. “Every single employee received $500. That’s a lot of money. We got hugely positive feedback from our employees. One of our hourly employees at our Pascagoula, Mississippi, shipyard said, ‘I’ve been hearing about ‘trickle-down economics’ for years. And finally, something trickled down!’”

Huntington Ingalls also made a significant incremental contribution to their pension fund—adding $200 million—as a way of providing for their employees’ futures. While many pension funds across the nation face insolvency, Huntington Ingalls is well funded.

“We built upon what we’ve already been doing,” said Ermatinger. “We invest $100 million in workforce development and $40 million in educational reimbursement each year so we can invest in our employees.” Our employees and our customer will also benefit from what Huntington Ingalls dubbed a “generational capital infusement” in their facilities.

Before tax reform, the shipbuilder had planned to increase capital spending by $1.5 billion by 2020. But now, they’ve upped that number by a whopping $300 million—to $1.8 billion. That means more jobs being created—and it will also help U.S. taxpayers, because savings will be passed along to Huntington Ingalls’ client: the U.S. Navy.

Huntington Ingalls also plans to dramatically increase the amount of money they spend in their communities. In fact, because of tax reform, they’ve tripled their corporate giving.

“We decided we needed to make an investment in the communities we live in,” said Ermatinger. “Even for the people who don’t work for us.”

“Whether it be United Way, the Boys and Girls Club, the food bank, the Red Cross—you name it,” said Ermatinger. “If Huntington Ingalls is in the community, they saw a benefit.”

Huntington Ingalls’ significant investments in workers, facilities and communities comes as a direct result of tax reform.

“Because of tax reform, we’re able to do a heck of a lot more than we thought we would,” said Ermatinger. “I can assure you: without tax reform, most of these things would not have been possible.”

“I’m always asked: Are you going to make these kind of huge investments every year? And my answer is, we don’t know what the future holds, but we already have made these commitments that far exceed HII’s tax-reform benefits beyond one year.”’

Chris Netram is Vice President of Tax and Domestic Economic Policy for the National Association of Manufacturers.

Sign up for the latest tax reform news from the NAM.

The post Keeping Our Promise: Huntington Ingalls Gives Bonuses To 40,000 Workers, Boosts Capital Investment 20% Due To Tax Reform appeared first on Shopfloor.

The FCC sent a pro-innovation message to the country last year by acting to move beyond old, so-called “net neutrality” regulations from the Obama era that would have regulated today’s Internet with last century’s rules. As the current FCC continues to advance market-based, pro-competition measures to encourage investment in next generation broadband networks, some state legislatures around the country are threatening to reverse this progress by passing state-level laws that look a lot like yesterday’s old regulations.

So-called “net neutrality” measures have been introduced in a majority of states – some have passed, and others are poised to be enacted. California is voting this week on its own legislation.

A state-by-state patchwork of laws would bring all the same problems as the old FCC rules, only worse. It would mean increased regulatory uncertainty and create a framework at-odds with the nature of the Internet, which is not confined to state lines.

Republicans and Democrats agree that a state-by-state approach is a bad idea. Both the Obama-era FCC and today’s current FCC think that broadband policy should be set at the national level and should not vary by state. The 2015 Open Internet Order reaffirmed the FCC’s “longstanding conclusion that broadband Internet access service is jurisdictionally interstate for regulatory purposes.” And the current FCC in the Restoring Internet Freedom proceedings concluded “regulation of broadband Internet access service should be governed principally by a uniform set of federal regulations, rather than by a patchwork that includes separate state and local requirements.”

The NAM has long called on Congress to pass a sensible legislative solution that makes the Internet permanently open, encourages broadband investment and ends regulatory uncertainty. Ongoing Internet power grabs by the states underscore the need for Congress to act.

Today’s manufacturing shop floors are highly-connected and technologically-advanced. Manufacturers are pioneers of the Internet of Things, innovating in ways that transform their processes, improve their products and allow them to compete globally. This new era in manufacturing relies on a robust and reliable telecommunications infrastructure. Continued progress in manufacturing innovation demands continued investment in these networks and we need federal policies that promote such investment.

The post Some States Want to See a National Patchwork of “Net Neutrality” Regulations. That’s a Bad Idea. appeared first on Shopfloor.

ConocoPhillips recognizes how important it is to deliver reliable and affordable natural gas and oil to the world, and that it must be done in a sustainable way. Our commitment is to demonstrate leadership in the production of these resources by being competitive both financially and with our environmental and social performance. A critical part of our leadership includes engaging with stakeholders – particularly those in the communities near our operations—to address environmental and social risks.

By first listening to understand local concerns, mitigating these concerns with our actions, and finding mutually agreeable solutions, we build long-term benefits for both the company and stakeholders.

  • Our long-standing position recognizing climate change risk, transparent reporting, and proactive emission reductions have all been informed through engagement with stakeholders. In 2017 we took a further step on climate-related risk management leadership and introduced a target to reduce our GHG emissions intensity from operations by 5-15% by 2030. Read more about the target here.
  • In south Texas, stakeholder concerns regarding methane emissions resulted in the establishment of a leak detection and repair (LDAR) program. See more about our plan here.
  • In Alaska, the village of Nuiqsut is very close to one of our exploration wells so we collaborated to understand their perspective and developed a robust mitigation plan to address their issues and concerns. Hear more about that plan here.
  • While human trafficking is not related to our operations, it is an important issue in communities where we operate so we are working with our suppliers and supporting Truckers Against Trafficking (TAT). The nonprofit agency educates, equips, empowers and mobilizes truckers and the travel plaza industry to combat human trafficking.  Learn more here.
  • Hurricane Harvey was an unprecedented storm that put our employees, communities, operations and offices at risk. Across the organization, people helped their flooded colleagues, retirees, neighbors, and others in need while continuing their work responsibilities.  See how our employees stepped up here.

Our goal is to respectfully engage with stakeholders to understand their values and interests, reduce the impact of our operations, and contribute to economic opportunities in communities near our operations.

Cathy Cram is the Director of Sustainable Development Communications at ConocoPhillips.

The post How ConocoPhillips Works With Stakeholders To Deliver Natural Gas and Oil Sustainably appeared first on Shopfloor.

When NAM Board Chair and Emerson Chairman and CEO David Farr testified before Congress in May, he cited NAM survey results showing that 72 percent of manufacturers surveyed planned to increase wages or benefits following tax reform. For its part, Emerson already had already delivered “a 2.9 percent general wage increase worth $42 million,” as Farr told Congress. But now, Emerson is doubling down, announcing even more benefits for its employees.

In Emerson’s quarterly earnings release today, the company explained that because of tax reform, it would be able to offer new and improved benefits, including the following:

  • Enhanced medical and dental plans, along with life, long-term and short-term disability plans
  • Improved paid parental leave of 12 weeks for primary caregivers and two weeks for secondary caregivers
  • Improved vacations plans
  • A special one-time contribution to employees’ 401(k) retirement plans, worth a total of $24 million
  • Improved retirement plans for certain business units

All told, Emerson is leading by example. Tax reform has spurred strong growth in the manufacturing industry over the past few months, with manufacturers creating jobs at a rapid pace. Today’s announcement is yet another powerful reminder of the many ways that manufacturing workers are seeing the benefits of tax reform in very real ways.

In the long run, for employees at Emerson and many other companies, tax reform will mean even more than bigger paychecks. It will mean better health coverage, more time with family and a more secure retirement. This is what manufacturers promised. And now, we’re keeping our promise.

Sign up for the latest tax reform news from the NAM.

The post KEEPING OUR PROMISE: Emerson Invests in Its People, Enhances Employee Benefits Thanks to Tax Reform appeared first on Shopfloor.