Posco
POSCO, officially known as Pohang Iron and Steel Company, is a leading global steel manufacturer headquartered in Pohang, South Korea (KR). Founded in 1968, the company has established itself as a key player in the steel industry, with significant operations across Asia, North America, and Europe. Specialising in the production of high-quality steel products, POSCO offers a diverse range of solutions, including hot-rolled and cold-rolled steel, stainless steel, and electrical steel. Its commitment to innovation and sustainability sets it apart, as the company continually invests in advanced technologies and eco-friendly practices. With a strong market position, POSCO has received numerous accolades for its operational excellence and environmental initiatives, solidifying its reputation as a pioneer in the steel sector.
DitchCarbon Score
How does Posco'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 Other Non-Ferrous Metal Products 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's score of 22 is higher than 95% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Posco's reported carbon emissions
In 2023, Posco reported total greenhouse gas emissions of approximately 71,972,000,000 kg CO2e, comprising 70,588,012,000 kg CO2e from Scope 1, 1,383,895,000 kg CO2e from Scope 2, and 7,419,787,000 kg CO2e from Scope 3 emissions. This reflects a commitment to transparency in emissions reporting, although no specific reduction targets or initiatives have been disclosed. Over the years, Posco has demonstrated a gradual decrease in emissions intensity per tonne of steel produced, with figures showing a reduction from about 2,200 kg CO2e per tonne in 2010 to approximately 2,020 kg CO2e per tonne in 2023. This trend indicates ongoing efforts to improve efficiency and reduce carbon footprints in steel production. Despite the lack of formal reduction targets or climate pledges, Posco's emissions data highlights its role in the steel industry, which is known for its significant carbon emissions. The company continues to navigate the challenges of balancing production demands with environmental responsibilities, aiming for sustainable practices in a high-emission sector.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 81,403,336,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
| Scope 2 | 3,249,921,000 | 0,000,000,000 | 000,000,000 | 000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 3 | - | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 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 is not committed to any 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.
