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 48 is higher than 68% 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 4,218,148,000 kg CO2e. This figure includes 4,155,768,526 kg CO2e from Scope 1 emissions, 1,383,895,000 kg CO2e from Scope 2 emissions, and 363,471,000 kg CO2e from Scope 3 emissions. The Scope 3 emissions breakdown reveals significant contributions from purchased goods and services (2,764,127,000 kg CO2e) and downstream leased assets (1,974,893,000 kg CO2e). In comparison, the 2022 emissions were reported at approximately 1,473,260,000 kg CO2e, with Scope 1 emissions at 1,039,185,000 kg CO2e and Scope 2 emissions at 1,879,630,000 kg CO2e. Notably, the Scope 3 emissions for 2022 were significantly higher at about 7,107,502,000 kg CO2e, indicating a substantial year-on-year increase in emissions. POSCO International has set a long-term net-zero goal, aiming for a 30% reduction in emissions by 2035, starting from 2023 levels. This commitment reflects their strategic approach to climate action, aligning with broader industry standards and expectations. The emissions data for POSCO International is cascaded from its parent company, POSCO Holdings Inc., which influences its sustainability initiatives and reporting practices. This corporate relationship underscores the importance of integrated climate strategies across the organisation's subsidiaries.
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| 2016 | 2017 | 2018 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | - | 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 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 3 | - | - | - | 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 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.
