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 50 is higher than 74% 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 E And C's reported carbon emissions
In 2023, Posco E&C reported total greenhouse gas emissions of approximately 2,064,076,000 kg CO2e. This includes Scope 1 emissions of about 563,216,000 kg CO2e, Scope 2 emissions of approximately 1,383,895,000 kg CO2e, and Scope 3 emissions totalling around 3,634,710,000 kg CO2e. Notably, the Scope 3 emissions breakdown reveals significant contributions from purchased goods and services (approximately 2,764,127,000 kg CO2e) and downstream leased assets (about 1,974,893,000 kg CO2e). In terms of reduction commitments, Posco E&C has set ambitious targets aligned with the Science Based Targets initiative (SBTi). The company aims to reduce its absolute Scope 1 and 2 GHG emissions by 42% by 2030, using 2022 as the base year. Additionally, it plans to cut Scope 3 emissions by 25% within the same timeframe. Furthermore, a mid-term goal has been established to achieve a 30% reduction by 2035 across all scopes. Posco E&C's emissions data is cascaded from its parent company, POSCO Eco & Challenge Co., Ltd., reflecting a commitment to sustainability within its corporate family. The company is actively working towards its climate goals, demonstrating a proactive approach to addressing climate change in the construction and engineering sector.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 6,200,000 | 00,000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 41,682,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 3 | 14,570,000 | 00,000,000,000 | 0,000,000,000 | 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 E And C is participating in some 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.
