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POSCO FUTURE M, a prominent player in the chemicals nec industry, is headquartered in South Korea (KR) and operates across various regions globally. Founded as part of the esteemed POSCO Group, the company has established itself since its inception, focusing on innovative chemical solutions that cater to diverse industrial needs.
Specialising in advanced materials and chemical products, POSCO FUTURE M is recognised for its commitment to sustainability and cutting-edge technology. Its core offerings include high-performance materials that enhance efficiency and reduce environmental impact, setting the company apart in a competitive market.
With a strong market position, POSCO FUTURE M has achieved notable milestones, reinforcing its reputation as a leader in the chemical sector. The company continues to drive advancements in the industry, contributing to a more sustainable future.
-22 vs industry average
POSCO FUTURE M’s score of 10 is lower than 19% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Chemicals is among the most carbon-intensive industries
The Chemicals industry has reduced its overall emissions by 19% since 2018
Scope 3 accounts for ••• of total emissions.
POSCO FUTURE M, a Chemicals nec company headquartered in KR, reported its 2023 carbon emissions. Its total emissions for 2023 were approximately 3.99 billion kg CO2e. This includes Scope 1 emissions of approximately 2.02 billion kg CO2e, Scope 2 emissions of about 366.75 million kg CO2e, and Scope 3 emissions of approximately 1.60 billion kg CO2e.
In 2022, POSCO FUTURE M's total emissions were approximately 10.84 billion kg CO2e, comprising Scope 1 emissions of approximately 1.92 billion kg CO2e, Scope 2 emissions of about 315.92 million kg CO2e, and Scope 3 emissions of approximately 8.58 billion kg CO2e.
For 2021, the company's Scope 1 emissions were approximately 2.17 billion kg CO2e and Scope 2 emissions were about 267.26 million kg CO2e. In 2020, Scope 1 emissions were approximately 2.06 billion kg CO2e and Scope 2 emissions were about 211.94 million kg CO2e. The company did not disclose Scope 3 emissions for 2021 or 2020.
While detailed emissions data is available for recent years, POSCO FUTURE M has not disclosed specific reduction targets through initiatives like the Science Based Targets initiative (SBTi).
No climate goals have been disclosed for POSCO FUTURE M yet.
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