Posco Eco & Challenge Co Ltd

Common Name
Posco Eco & Challenge
Country
South Korea
Sector
N/A
Industry
N/A
Employees
N/A
Ticker
N/A

Posco Eco & Challenge's Climate Target Data Preview

As of 2024, Posco Eco & Challenge has disclosed 2 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 2 absolute reduction targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Posco Eco & Challenge ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target*
Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Capital Goods (Cat. 2), Scope 3 - Upstream Transportation and Distribution (Cat. 4), Scope 3 - Waste Generated in Operations (Cat. 5), Scope 3 - Business Travel (Cat. 6), Scope 3 - Employee Commuting (Cat. 7), Scope 3 - Use of Sold Products (Cat. 11), Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2030
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2030
*. This target is limited in scope and does not represent the company's full operational or organizational boundaries
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Verified Sources Behind Posco Eco & Challenge’s Climate Targets Data

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a. Posco Eco & Challenge's Sustainability Report 2024
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Insights into Posco Eco & Challenge's Greenhouse Gas Emissions Pathways

As of 2024, Posco Eco & Challenge has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint. a

Does Posco Eco & Challenge have a target to reduce the emissions from its operations?

As of 2024, Posco Eco & Challenge has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a

Posco Eco & Challenge's most ambitious operational target is to reduce these emissions by 42% by 2030, compared to a baseline of 55,437 Metric Tonnes of CO2 equivalent (mtCO2e) in 2022. a

Instead of reducing operational emissions, Posco Eco & Challenge has increased them, with 2024 levels exceeding those of the 2022 baseline, placing the company well behind its reduction target. a

Posco Eco & Challenge's Operational (Scope 1+2) Emissions Pathway

202220242030020 k40 k60 k80 kBaselineCurrent (+22%)Target 2030 (-42%)

Does Posco Eco & Challenge have a target to reduce the emissions from its value chain?

As of 2024, Posco Eco & Challenge has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 8 out of the 15 Scope 3 categories defined by the GHG Protocol. a

Posco Eco & Challenge's most ambitious value chain target is to reduce these emissions by 25% by 2030, compared to a baseline of 3,230,543 Metric Tonnes of CO2 equivalent (mtCO2e) in 2022. a

As of 2024, Posco Eco & Challenge is ahead of schedule on its value chain emissions reduction target, having achieved 45.28% of the planned reduction. a

Posco Eco & Challenge's Value Chain (Scope 3) Emissions Pathway

2022202420300850 k1.7 M2.55 M3.4 MBaselineCurrent (-11%)Target 2030 (-25%)
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