Korea Steel Co Ltd - ESG Rating & Company Profile powered by AI

Industry Group:Iron & Steel

The report of Korea Steel Co Ltd leverages data points from across the internet and also from available documents by Korea Steel Co Ltd. The ESG assessment for Korea Steel Co Ltd represents the company's transparency towards the United Nations Sustainable Development Goals. The ESG score includes 17 United Nations Sustainable Development Goals including: 'Zero Hunger', 'Responsible Production & Consumption' and 'Life below Water'.

Korea Steel Co Ltd in the Iron & Steel industry gained a UN SDG ESG Transparency Score of 1.5; made up of an environmental score of 1.1, social score of 0.0 and governance score of 3.4.

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SDG Transparency Score for Korea Steel Co Ltd 

1.5

Low Impact
0 - 3
Medium
4 - 6
High
7 - 10
Last Score Update: 2023-01-01
What drives the score for Korea Steel Co Ltd 
1.1

Environmental

0.0

Social

3.4

Governance

Detailed ESG Breakdown
SEVVA Platform offers unique drill down to the underlying sources powering the ratings. Break down your ESG analysis by 17 UN SDGs and 8 additional governance factors.

Peer Group Comparison

RankCompanySDG Transparency Score Performance
1BlueScope Steel Ltd
8.7
High
1Tata Steel Ltd
8.7
High
.........
680Rockex Mining Corp
1.6
Low
680Vaswani Industries Ltd
1.6
Low
699Korea Steel Co Ltd
1.5
Low
699Dongyang Steel Pipe Co Ltd
1.5
Low
699Bowim SA
1.5
Low
853Thanh Nam Group JSC
0.0
Low
853Wuhan Iron and Steel Co Ltd
0.0
Low
.........
View the full peer group of 1111 companies on the SEVVA platformSign up for free
Peer Companies Benchmark
SEVVA Platform benchmarks each company against a peer group. View the full score distribution for peers by logging into SEVVA

Frequently Asked Questions

Does Korea Steel Co Ltd reference operational or capital allocation in relation to climate change?No
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Is Capital Expenditure linked to emissions reduction?

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Does the Board describe its role in the oversight of climate-related risks and opportunities?No
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Has Korea Steel Co Ltd submitted or committed to submit to a shareholder vote (say-on-climate) its climate strategy?

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Does Korea Steel Co Ltd disclose current and historical air emissions?

Does Korea Steel Co Ltd disclose current and / or historical ozone-depleting emissions?

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Does Korea Steel Co Ltd disclose current and / or historical scope 1 emissions?
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Does Korea Steel Co Ltd disclose current and / or historical scope 3 emissions?

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Does Korea Steel Co Ltd disclose current and / or historical emissions broken down by scope?

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Does Korea Steel Co Ltd disclose data for NOx, SOx and VOCs emissions?

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Does Korea Steel Co Ltd disclose its biodiversity policy?

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Does Korea Steel Co Ltd disclose its internal carbon price?

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Does Korea Steel Co Ltd disclose long-term targets (>5 years) for reducing its GHG emissions?

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Does Korea Steel Co Ltd disclose Scope 3 emissions from use of sold products?

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Does Korea Steel Co Ltd disclose current and historical material use?

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Are Operating Expesnses linked to emissions reduction?
Does Korea Steel Co Ltd disclose climate scenario or pathway analysis?
Does Korea Steel Co Ltd reflect climate-related risks in its financial statements?

Does Korea Steel Co Ltd disclose the number and percentage of companies screened by environmental and social criteria?

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Are emissions metrics verified by CDP?

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Are emissions metrics verified by STBi?

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Does Korea Steel Co Ltd report according to TCFD requirements?

Does Korea Steel Co Ltd disclose current and historical waste generation?

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Does Korea Steel Co Ltd disclose current and / or historical waste management?

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Does Korea Steel Co Ltd disclose waste targets?

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Has Korea Steel Co Ltd published clear targets on waste management?

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Does Korea Steel Co Ltd disclose current and / or historical water consumption?

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Does Korea Steel Co Ltd disclose water use targets?
Does Korea Steel Co Ltd condunt supply chain audits?

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Does Korea Steel Co Ltd disclose board meeting attendance?

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Does Korea Steel Co Ltd disclose long term financial targets?

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Does Korea Steel Co Ltd report NPS (customer loyalty, customer churn or satisfaction surveys) ?

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Does Korea Steel Co Ltd report customer churn rates?

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Does Korea Steel Co Ltd have a policy relating to cyber security?

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Does Korea Steel Co Ltd adhere to ISO 27001 / ISO 27002 standards or the NIST cybersecurity framework?

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Does Korea Steel Co Ltd conduct cybersecurity training?

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Does Korea Steel Co Ltd disclose the individual responsible for D&I?
Does Korea Steel Co Ltd conduct 360 degree staff reviews?

Does Korea Steel Co Ltd have engagement surveys, a culture survey, a pulse survey?

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Does Korea Steel Co Ltd have a long term incentive (LTI) executive compensation plan based on a measure of return on capital?

Does Korea Steel Co Ltd disclose the vesting percentage required for performance threshold in the LTIP?

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Has Korea Steel Co Ltd issued a profit warning in the past 24 months?
Does Korea Steel Co Ltd report the average age of the workforce?

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Does Korea Steel Co Ltd permit its workforce to engage in collective bargaining?

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Does Korea Steel Co Ltd disclose average employee tenure?

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Does Korea Steel Co Ltd refer to human capital or people risk in its risk disclosures?

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Does Korea Steel Co Ltd promote decent work conditions in relation to its supply chain?

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Does Korea Steel Co Ltd allow for Work Councils/Collective Agreements to be formed?

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Does Korea Steel Co Ltd have an accelerator or VC vehicle to help deliver innovation?

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Does Korea Steel Co Ltd disclose the ratio of CEO total compensation relative to average employee compensation ?

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Does Korea Steel Co Ltd disclose its gender pay gap?

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Does Korea Steel Co Ltd disclose its ethnicity pay gap?
Does Korea Steel Co Ltd disclose the number of employees in R&D functions?

Does Korea Steel Co Ltd engage in animal testing?

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Does Korea Steel Co Ltd have a commitment to a living wage?

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Does Korea Steel Co Ltd disclose the vesting schedule of its equity compensation plan?

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Is executive remuneration linked to climate performance?
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Does Korea Steel Co Ltd disclose employee diversity metrics?

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Does Korea Steel Co Ltd disclose the pay ratio of women to men?
Does Korea Steel Co Ltd disclose incidents of non-compliance in relation to the health and safety impacts of products and services?

Does Korea Steel Co Ltd disclose information on fatalities and accidents in the workplace

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Does Korea Steel Co Ltd disclose the number of employees, new hires and turnover metrics?

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Does Korea Steel Co Ltd disclose the number of operations that have been subject to human rights reviews or human rights impact assessments?
Does Korea Steel Co Ltd disclose its policies for bribery, corruption, whistle-blower, conflict of interest?

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Does Korea Steel Co Ltd disclose incidents of discrimination?

Does Korea Steel Co Ltd disclose incidents relating human rights, child labour and forced labour?

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Does Korea Steel Co Ltd disclose incidents of corruption?

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Does Korea Steel Co Ltd disclose the number of incidents involving the rights of indigenous peoples?

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Does Korea Steel Co Ltd disclose incidents of non-compliance in relation to product and service information/labelling or marketing communications?

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Did Korea Steel Co Ltd have a product recall in the last two years?
Does Korea Steel Co Ltd support suppliers with sustainability related research and development?
Does Korea Steel Co Ltd have careers partnerships with academic institutions?
Is Korea Steel Co Ltd involved in embryonic stem cell research?

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Potential Risks for Korea Steel Co Ltd
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Korea Steel Co., Ltd. manufactures and sells steel products in South Korea. The company offers angles, pyeonggang, channels, round bars, billet and long products, powdered iron, generated material, steel bars, etc. It provides its products for use as basic materials for downstream industries, such as construction, shipbuilding, automobiles, and machinery. The company was formerly known as Korea Steel Shapes Co., Ltd. and changed its name to Korea Steel Co., Ltd. in April 2021. Korea Steel Co., Ltd. was founded in 1971 and is headquartered in Chilseo-myeon, South Korea.