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In 2024, Posco Eco & Challenge completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
Posco Eco & Challenge has also provided a category-level breakdown for 8 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 2 | ||||
Unspecified Calculation Method | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
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In 2024, the total operational greenhouse gas (GHG) emissions ofPosco Eco & Challenge amounted to67,666metric tons of CO2 equivalent.This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a
Compared to 2023, the total operational greenhouse gas (GHG) emissions of Posco Eco & Challengeincreased by 8.88%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
In 2024, the total Scope 1 emissions of Posco Eco & Challenge were 13,819 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Since 2020, Posco Eco & Challenge's Scope 1 emissions have increased by 122.89%, reflecting a rising long-term trend in Scope 1 emissions over time.ab
Compared to the previous year(2023), Posco Eco & Challenge's Scope 1 emissions decreased by 12.17%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
In 2024, Posco Eco & Challenge reported Scope 2 greenhouse gas (GHG) emissions of 53,847 tCOâ‚‚e using the location-based method.a
Compared to the previous year(2023), Posco Eco & Challenge's Scope 2 emissions(Location-Based) rose by 16.01% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energya
In 2024, Posco Eco & Challenge reported its Scope 2 emissions using the location-based method.a
In 2024, Posco Eco & Challenge reported 2,864,888 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of Posco Eco & Challenge includes a breakdown across 8of the 15 Scope 3 categories defined by the GHG Protocol,matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
In 2024, Posco Eco & Challenge reported total Scope 3 emissions of 2,864,888 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Approximately 48.08%of these emissions originated from upstream activities such as purchased goods and capital goods, while 51.92%came from downstream activities like product use, distribution, and end-of-life treatment.a
Since 2020, Posco Eco & Challenge's Scope 3 emissionshave increased by 19,562.92%, reflecting a rising long-term trend in Scope 3 emissions over time.ab
Compared to the previous year (2023), Posco Eco & Challenge's Scope 3 emissions decreased by 12.01%, highlighting the company's efforts to lower indirect emissions from its value chain.a
In 2024, Posco Eco & Challenge reported emissions for 8 out of the 15 Scope 3 categories defined by the GHG Protocol.a
This partial disclosure allows for some insight into the company's indirect impacts.
In 2024, the largest contributors to Posco Eco & Challenge's Scope 3 emissions were:a
In 2024, Posco Eco & Challenge reported Scope 1 greenhouse gas (GHG) emissions of 13,819 tCOâ‚‚e and total revenues of USD 6,453 millions. This translates into an emissions intensity of 2.14 tCOâ‚‚e per millions USD.a
In 2024, Posco Eco & Challenge reported a Scope 1 emissions intensity of 2.14 tCOâ‚‚e per millions USD. Compared to the peer group median of 4.92, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2024, Posco Eco & Challenge ranked 11 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a
Posco Eco & Challenge is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2024, Posco Eco & Challenge reported a total carbon footprint of 2,932,554 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 11.62% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.a
The largest contributor to Posco Eco & Challenge's total carbon footprint was Scope 3 emissions, accounting for 97.69% of the company's total carbon footprint, followed by Scope 2 emissions at 1.84%.a