POSCO ENERGY Co., Ltd. Sustainability Profile
POSCO ENERGY Co., Ltd., headquartered in South Korea (KR), is a leading player in the energy sector, specialising in power generation and renewable energy solutions. Founded in 2000, the company has established itself as a pioneer in the development of eco-friendly energy technologies, with significant operations across Asia and beyond. The firm focuses on a diverse range of services, including thermal power generation, renewable energy projects, and energy management solutions. POSCO ENERGY is renowned for its innovative approach to energy efficiency and sustainability, setting it apart in a competitive market. With a commitment to reducing carbon emissions, the company has achieved notable milestones, including the successful implementation of large-scale renewable energy projects. As a subsidiary of the POSCO Group, POSCO ENERGY holds a strong market position, recognised for its contributions to the global energy landscape and its dedication to advancing sustainable practices.
DitchCarbon Score
How does POSCO ENERGY Co., Ltd.'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 Electricity Transmission 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 ENERGY Co., Ltd.'s score of 23 is lower than 51% 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 ENERGY Co., Ltd., headquartered in South Korea (KR), currently does not report specific carbon emissions data for the most recent year, as indicated by the absence of emissions figures. The company is part of a corporate family that includes Posco International Corporation and POSCO Holdings Inc., which may influence its climate commitments and performance metrics. While there are no documented reduction targets or specific climate pledges from POSCO ENERGY, it is important to note that emissions data and performance metrics may be inherited from its parent companies. For instance, emissions data from Posco International Corporation, which operates at a cascade level of 1, could provide insights into the broader environmental impact of the group. Additionally, initiatives such as Climate Action 100+ (CA100) are linked to POSCO Holdings Inc. at a cascade level of 2, potentially shaping the climate strategy of POSCO ENERGY. As the company continues to navigate its climate commitments, it remains essential for stakeholders to monitor any future disclosures regarding emissions and reduction initiatives.
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| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | - | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 3,627,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 3 | - | - | - | - | - | 00,000,000,000 | 0,000,000,000 | 0,000,000,000 |
How Carbon Intensive is POSCO ENERGY Co., Ltd.'s Industry?
How Carbon Intensive is POSCO ENERGY Co., Ltd.'s Location?
POSCO ENERGY Co., Ltd.'s Scope 3 Categories Breakdown
POSCO ENERGY Co., Ltd.'s Scope 3 emissions, which increased by 4% last year and decreased by approximately 42% since 2021, demonstrating supply chain emissions tracking. Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 57% of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 37% of Scope 3 emissions.
Top Scope 3 Categories
POSCO ENERGY Co., Ltd.'s Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
POSCO ENERGY Co., Ltd. has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
