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 35 is higher than 58% 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 about 4,155,768,526 kg CO2e from Scope 1 emissions, which are direct emissions from owned or controlled sources, and approximately 40,173,000 kg CO2e from Scope 2 emissions, representing indirect emissions from the generation of purchased electricity. Additionally, the company recorded about 363,471,000 kg CO2e in Scope 3 emissions, which encompass all other indirect emissions in the value chain. The emissions data for 2022 showed a significant reduction, with total emissions at approximately 1,473,260,000 kg CO2e, down from 603,389,000 kg CO2e in 2021. This indicates a substantial decrease in emissions over the years, reflecting the company's commitment to improving its environmental performance. POSCO International's emissions data is cascaded from its parent company, POSCO Holdings Inc., which influences its sustainability initiatives and reporting. However, there are currently no specific reduction targets or climate pledges documented for POSCO International, indicating a potential area for future commitment. Overall, POSCO International's emissions profile highlights its substantial carbon footprint, particularly in Scope 1 emissions, while also demonstrating a trend towards reduction in total emissions over recent years. The company operates within a broader industry context that increasingly prioritises sustainability and carbon neutrality.
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| 2016 | 2017 | 2018 | 2019 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | - | 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 | 0,000,000 | 000,000 | 00,000,000 |
| Scope 3 | - | - | - | - | - | - | 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.
