POSCO International
POSCO International Corporation, commonly referred to as POSCO International, is a leading global trading and investment company headquartered in South Korea (KR). Established in 1967, the company has evolved significantly, expanding its operations across Asia, Europe, and the Americas. Specialising in steel, energy, and various industrial materials, POSCO International is renowned for its commitment to quality and innovation. The company’s core offerings include steel products, machinery, and energy solutions, which are distinguished by their advanced technology and sustainability practices. With a strong market position, POSCO International has achieved notable milestones, including strategic partnerships and expansions that enhance its global footprint. As a key player in the international trade sector, POSCO International continues to drive growth and deliver value across diverse industries.
DitchCarbon Score
How does POSCO International'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 Services Auxiliary to Financial Intermediation 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 International's score of 35 is higher than 75% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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POSCO International's reported carbon emissions
In 2023, POSCO International reported total carbon emissions of approximately 603,389,000 kg CO2e, which includes 563,216,000 kg CO2e from Scope 1 and 40,173,000 kg CO2e from Scope 2 emissions. Additionally, their Scope 3 emissions amounted to about 363,471,000 kg CO2e, with significant contributions from purchased goods and services (340,691,000 kg CO2e) and upstream transportation and distribution (3,977,000 kg CO2e). The company has not disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or any formal climate pledges. However, their commitment to addressing climate change is evident through their comprehensive emissions reporting across all three scopes. In comparison, in 2022, POSCO International's total emissions were approximately 189,095,000 kg CO2e, indicating a substantial increase in emissions in 2023. This highlights the need for ongoing efforts to mitigate their carbon footprint and enhance sustainability practices within their operations.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 624,000 | 000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 9,527,000 | 0,000,000 | 000,000 | 00,000,000 |
| Scope 3 | 10,151,000 | - | - | 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 International is not participating in any of the initiatives that 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.
