Posco E And C
Posco E&C, officially known as POSCO Engineering & Construction, is a leading player in the construction and engineering industry, headquartered in South Korea (KR). Established in 1994, the company has made significant strides in various sectors, including civil engineering, architecture, and plant construction, with a strong presence in Asia and beyond. Renowned for its innovative approach, Posco E&C offers a diverse range of services, from infrastructure development to energy projects, setting itself apart with a commitment to sustainability and cutting-edge technology. The company has achieved notable milestones, including numerous prestigious awards for its projects, solidifying its position as a trusted partner in the global market. With a focus on quality and efficiency, Posco E&C continues to drive progress in the construction sector, making it a formidable force in the industry.
DitchCarbon Score
How does Posco E And C's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Construction Work industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Posco E And C's score of 12 is lower than 87% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Posco E And C's reported carbon emissions
In 2022, Posco E&C reported total greenhouse gas emissions of approximately 3,590,000 kg CO2e for Scope 1, 36,092,000 kg CO2e for Scope 2, and a significant 3,230,543,000 kg CO2e for Scope 3 emissions. This indicates a notable increase in Scope 3 emissions compared to 2021, where they were about 1,108,020,000 kg CO2e. The total emissions for Scope 1 and 2 combined were approximately 41,451,000 kg CO2e. Posco E&C has set ambitious climate commitments, aiming to reduce absolute Scope 1 and 2 greenhouse gas emissions by 42% by 2030, using 2022 as the base year. Additionally, the company plans to cut Scope 3 emissions—covering purchased goods and services, upstream transportation and distribution, employee commuting, use of sold products, and investments—by 25% within the same timeframe. These targets align with the Science Based Targets initiative (SBTi) and are designed to contribute to global efforts to limit temperature rise to 1.5°C. Overall, Posco E&C's commitment to reducing emissions reflects a proactive approach to addressing climate change within the construction and engineering sector, positioning the company as a responsible player in the industry.
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Add to project| 2020 | 2021 | 2022 | |
|---|---|---|---|
| Scope 1 | 6,200,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 41,682,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 14,570,000 | 0,000,000,000 | 0,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Posco E And C is committed to some reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
