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 38 is higher than 57% 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 4.58 billion kg CO2e. This figure includes about 4.16 billion kg CO2e from Scope 1 emissions, which are direct emissions from owned or controlled sources, and about 40.2 million kg CO2e from Scope 2 emissions, representing indirect emissions from the generation of purchased electricity. Additionally, Scope 3 emissions accounted for approximately 363.5 million kg CO2e, which includes emissions from the supply chain and other indirect sources. The company has not disclosed specific reduction targets or initiatives as part of its climate commitments. However, it is noted that emissions data is cascaded from its parent company, POSCO Holdings Inc., indicating a corporate family relationship that may influence its sustainability strategies. Overall, POSCO International's emissions profile reflects its operational scale and the challenges faced in reducing carbon footprints within the steel and materials industry. The absence of specific reduction targets suggests a potential area for future commitment and improvement in alignment with global climate goals.
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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 | 000,000 | 00,000,000 |
| Scope 3 | - | - | - | - | - | - | - | 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
Their carbon footprint includes suppliers and value chain emissions, with Scope 3 emissions accounting for 8% of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 94% 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 established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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