Posco - ESG Rating & Company Profile powered by AI

Industry Group:Iron & Steel

Full ESG analysis of Posco are accessed by signing up for free. This Disclosure rating covers seventeen United Nations Sustainable Development Goals including: 'Zero Hunger', 'Climate Action' and 'Life below Water'. The assessment of Posco is prepared by All Street Sevva using proprietary machine learning.

Posco in the Iron & Steel industry gained a UN SDG ESG Transparency Score of 8.0; made up of an environmental score of 8.0, social score of 8.0 and governance score of 8.0.

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SDG Transparency Score for Posco 
Low
0 - 3
Medium
4 - 6

8.0

High Impact
7 - 10
Last Score Update: 2023-01-01
What drives the score for Posco 
8.0

Environmental

8.0

Social

8.0

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
18Ferrexpo PLC
8.1
High
18Outokumpu Oyj
8.1
High
22Posco
8.0
High
22Ajmera Realty & Infra India Ltd
8.0
High
22Electrosteel Castings Ltd
8.0
High
.........
853Thanh Nam Group JSC
0.0
Low
853Wuhan Iron and Steel Co Ltd
0.0
Low
.........
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Frequently Asked Questions

Does Posco reference operational or capital allocation in relation to climate change?Yes
company-nameInterimfiling2021-05-24
* 자료원: World Steel Association (www.worldsteel.org, 세계 조강 생산 기준) (3) 경기변동의 특성Global 조강생산량은 '20년 상반기 COVID-19 확산 영향으로 감소하였다가 하반기부터 중국을 중심으로 회복 모습을 보이고 있습니다. 이는 COVID-19로 침체되었던 철강 수요산업 회복세에 따른 것으로, 국가와 산업에따라 속도 차이는 있으나 전반적으로 '20년 대비 수요가 상승하고 있습니다. 특히중국에서 각종 경제부양책을 발표하며 글로벌 철강 수요에 긍정적인 변화가 있을 것으로 기대하고 있습니다. (4) 경쟁요소철강산업은 자본 및 기술집약적 산업으로서 막대한 초기투자를 필요로 하는장치산업입니다. 한국 철강시장은 무관세이며, 특히 동북아시아 지역 내에서는한중일 3국간 물류비용의 차이가 거의 없어 개방된 시장으로 볼 수 있습니다. (5) 자원조달상의 특성철강 제조의 원료가 되는 철광석과 원료탄 등은 전량 수입에 의존하고 있습니다.당사는 안정적 원료 확보를 위하여 해외 원료업체 지분 인수 등의 노력을 통해 원료개발 투자 구매 비율을 지속적으로 높여가고 있습니다. (6) 관련법령 또는 정부의 규제 등철강산업에 대한 환경 관련 규제가 강화되고 있습니다. 당사는 환경 보호를 위해환경 설비투자를 지속적으로 실시해왔으며, 차세대 친환경 철강제조법인 파이넥스 공법을세계 최초로 상용화하는 등, 저탄소 녹색성장이라는 미래의 환경 변화에적극 대응해나가고 있습니다. (7) 회사의 현황 1) 영업개황 백신보급과 부양책 효과로 국내외 경제가 회복세를 보이는 가운데, 주요국은 경기부양 기조를 유지하며 경기회복을 가속화 하고 있습니다. 올 한해 세계경제는 6.0%,국내는 3.6%의 경제성장률 상승이 전망됩니다. 국내 경제는 글로벌 경기회복에 따른 수출호조가 지속되는 가운데 반도체 등 IT 중심으로 설비투자 증가가 예상되나, 소비는 백신 보급 지연으로 회복에 한계를 보이고 있습니다. 세계 철강 시황은 제조업, 건설 등 수요산업 정상화로 시황이...
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company-nameInterimfiling2021-05-14
* 자료원: World Steel Association (www.worldsteel.org, 세계 조강 생산 기준) (3) 경기변동의 특성Global 조강생산량은 '20년 상반기 COVID-19 확산 영향으로 감소하였다가 하반기부터 중국을 중심으로 회복 모습을 보이고 있습니다. 이는 COVID-19로 침체되었던 철강 수요산업 회복세에 따른 것으로, 국가와 산업에따라 속도 차이는 있으나 전반적으로 '20년 대비 수요가 상승하고 있습니다. 특히중국에서 각종 경제부양책을 발표하며 글로벌 철강 수요에 긍정적인 변화가 있을 것으로 기대하고 있습니다. (4) 경쟁요소철강산업은 자본 및 기술집약적 산업으로서 막대한 초기투자를 필요로 하는장치산업입니다. 한국 철강시장은 무관세이며, 특히 동북아시아 지역 내에서는한중일 3국간 물류비용의 차이가 거의 없어 개방된 시장으로 볼 수 있습니다. (5) 자원조달상의 특성철강 제조의 원료가 되는 철광석과 원료탄 등은 전량 수입에 의존하고 있습니다.당사는 안정적 원료 확보를 위하여 해외 원료업체 지분 인수 등의 노력을 통해 원료개발 투자 구매 비율을 지속적으로 높여가고 있습니다. (6) 관련법령 또는 정부의 규제 등철강산업에 대한 환경 관련 규제가 강화되고 있습니다. 당사는 환경 보호를 위해환경 설비투자를 지속적으로 실시해왔으며, 차세대 친환경 철강제조법인 파이넥스 공법을세계 최초로 상용화하는 등, 저탄소 녹색성장이라는 미래의 환경 변화에적극 대응해나가고 있습니다. (7) 회사의 현황 1) 영업개황 백신보급과 부양책 효과로 국내외 경제가 회복세를 보이는 가운데, 주요국은 경기부양 기조를 유지하며 경기회복을 가속화 하고 있습니다. 올 한해 세계경제는 6.0%,국내는 3.6%의 경제성장률 상승이 전망됩니다. 국내 경제는 글로벌 경기회복에 따른 수출호조가 지속되는 가운데 반도체 등 IT 중심으로 설비투자 증가가 예상되나, 소비는 백신 보급 지연으로 회복에 한계를 보이고 있습니다. 세계 철강 시황은 제조업, 건설 등 수요산업 정상화로 시황이...
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company-nameAnnualfiling2021-03-04
(4) 경쟁요소철강산업은 자본 및 기술집약적 산업으로서 막대한 초기투자를 필요로 하는장치산업입니다. 한국 철강시장은 무관세이며, 특히 동북아시아 지역 내에서는한중일 3국간 물류비용의 차이가 거의 없어 개방된 시장으로 볼 수 있습니다. (5) 자원조달상의 특성철강 제조의 원료가 되는 철광석과 원료탄 등은 전량 수입에 의존하고 있습니다.당사는 안정적 원료 확보를 위하여 해외 원료업체 지분 인수 등의 노력을 통해 원료개발 투자 구매 비율을 지속적으로 높여가고 있습니다.
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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?Yes
company-namecategory-descSTP2021-08-02
8 ESG DATA TCFD SASB TCFD 권고사항 포스코 대응 CDP 연계 a) 기후변화와 관련된 위험과 기회에 대한 이사회의 감독 설명 b) 기후변화와 관련된 위험과 기회를 평가하고 관리하는 경영진의 역할 설명
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company-nameESG Disclosurefiling2021-03-16
Our ResponsibilityOur responsibility is to express a limited assurance conclusion on the Identified Carbon Reporting Information based on the procedures we have performed and the evidence we have obtained. We conducted our limited assurance engagement in accordance with International Standard on Assurance Engagements (ISAE) 3410, Assurance Engagements on Greenhouse Gas Statements issued by the International Auditing and Assurance Standards Board. These standards require that we plan and perform this engagement to obtain limited assurance about whether the Identified Carbon Reporting Information is free from material misstatement.A limited assurance engagement involves assessing the suitability in the circumstances of POSCO's use of the Criteria as the basis for the preparation of the Identified Carbon Reporting Information, assessing the risks of material misstatement of the Identified Carbon Reporting Information whether due to fraud or error, responding to the assessed risks as ne...
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Has Posco submitted or committed to submit to a shareholder vote (say-on-climate) its climate strategy?

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Does Posco disclose current and historical air emissions?

Does Posco disclose current and / or historical ozone-depleting emissions?

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Does Posco disclose current and / or historical scope 1 emissions?
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Does Posco disclose current and / or historical scope 3 emissions?

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Does Posco disclose current and / or historical emissions broken down by scope?

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Does Posco disclose GHG and Air Emissions intensity?

Does Posco disclose GHG Targets?

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Does Posco disclose data for NOx, SOx and VOCs emissions?

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Does Posco disclose its Scope Emissions targets?

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Does Posco disclose current and historical energy intensity?

Does Posco disclose its current and / or historical energy use?

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Does Posco disclose its Renewable Energy targets?

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Does Posco disclose its internal carbon price?

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Does Posco disclose long-term targets (>5 years) for reducing its GHG emissions?

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Does Posco disclose Scope 3 emissions from use of sold products?

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Does Posco disclose current and historical material use?

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

Does Posco 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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Does Posco report according to TCFD requirements?

Does Posco disclose current and historical waste generation?

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Does Posco disclose current and / or historical waste management?

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Does Posco disclose waste targets?

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Has Posco published clear targets on waste management?

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Does Posco disclose current and / or historical water consumption?

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Does Posco condunt supply chain audits?

Does Posco engage third parties to conduct supply chain audit?

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Does Posco disclose long term financial targets?

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Does Posco report NPS (customer loyalty, customer churn or satisfaction surveys) ?

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Does Posco report customer churn rates?

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Does Posco have a policy relating to cyber security?

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Does Posco disclose cybersecurity risks?

Does Posco adhere to ISO 27001 / ISO 27002 standards or the NIST cybersecurity framework?

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Does Posco conduct cybersecurity training?

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Does Posco disclose the individual responsible for D&I?
Does Posco conduct 360 degree staff reviews?

Does Posco have engagement surveys, a culture survey, a pulse survey?

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Does Posco have a long term incentive (LTI) executive compensation plan based on a measure of return on capital?

Does Posco disclose the vesting percentage required for performance threshold in the LTIP?

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Does Posco disclose its gender pay gap?

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Does Posco engage in animal testing?

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Does Posco disclose the number of operations that have been subject to human rights reviews or human rights impact assessments?
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POSCO, together with its subsidiaries, manufactures and sells steel rolled products and plates in South Korea and internationally. It operates through four segments: Steel, Construction, Trading, and Others. The company offers hot and cold rolled steel, stainless steel, plates, wire rods, and silicon steel sheets. It also plans, designs, and constructs industrial plants, civil engineering projects, and commercial and residential buildings; exports and imports steel products and raw materials; and generates electricity; produces gas and refuse derived fuel, as well as provides network and system integration, and logistics services. In addition, the company is involved in the engineering and construction; computer hardware and software distribution; economic research and consulting; business facility maintenance; architecture and consulting; investment in venture, energy, and bio tech industries; electronic commerce; intellectual property services and consulting; refractories and quicklime manufacturing and sales; transporting and warehousing; real estate development, rental, sale, and management; house and train manufacturing and management; and education and real estate business. Further, it engages in the resource development; mine development; business facility maintenance; fuel cell; iron ore and coal sales; and cargo handling business, as well as operates housing business agency. Additionally, the company manufactures and sells coated, and anode material. It also engages in loading and unloading; IT service and DVR; electric control engineering; forest resources development; refractory materials sales and furnace maintenance; rice processing; grain sales; packing materials manufacturing; and social enterprise businesses. POSCO was incorporated in 1968 and is headquartered in Pohang, South Korea.