POSCO International Sustainability Profile
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 51 is higher than 70% 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 4,155,769,000 kg CO2e from Scope 1 emissions and 1,383,895,000 kg CO2e from Scope 2 emissions. Additionally, the company disclosed Scope 3 emissions amounting to about 7,419,787,000 kg CO2e, which encompasses various categories such as purchased goods and services (2,764,127,000 kg CO2e) and downstream leased assets (1,974,893,000 kg CO2e). In terms of climate commitments, POSCO International has set a mid-term reduction target of 30% by 2035 as part of its net zero roadmap, which was established in 2023. This target applies to all scopes of emissions, reflecting the company's commitment to reducing its carbon footprint significantly. The emissions data for POSCO International is cascaded from its parent company, POSCO Holdings Inc., indicating a corporate family relationship that influences its sustainability reporting and targets. The company is actively working towards its climate goals while addressing the challenges of emissions across all scopes.
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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 International's Industry?
How Carbon Intensive is POSCO International's Location?
POSCO International's Scope 3 Categories Breakdown
POSCO International'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.
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POSCO International'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 International 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.
