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 59% 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, steam, heating, and cooling. Additionally, the company recorded about 363,471,000 kg CO2e in Scope 3 emissions, which encompass all other indirect emissions that occur in the value chain. In comparison, the total emissions for 2022 were approximately 1,473,260,000 kg CO2e, with Scope 1 emissions at about 1,039,185,000 kg CO2e and Scope 2 emissions at around 334,000 kg CO2e. This indicates a significant increase in emissions from 2022 to 2023. Despite the lack of specific reduction targets or initiatives disclosed, POSCO International is actively monitoring its emissions across all three scopes. The company has not publicly committed to any specific climate pledges or reduction targets under the Science Based Targets initiative (SBTi) as of the latest data. Overall, POSCO International's emissions data highlights the challenges faced in reducing carbon footprints within the industry, while also underscoring the importance of transparency in emissions reporting.
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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.
