In 2023, 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) | 2023 | 2022 | 2021 | 2020 - 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 |
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In 2023, the total operational greenhouse gas (GHG) emissions of Posco Eco & Challenge amounted to 49,068 metric 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 2022, the total operational greenhouse gas (GHG) emissions of Posco Eco & Challenge increased by 18.38%, suggesting that the company faced challenges in reducing its emissions from its core operations. a
In 2023, the total Scope 1 emissions of Posco Eco & Challenge were 8,867 metric tons of CO₂ equivalent (tCO₂e). a
Since 2020, Posco Eco & Challenge's Scope 1 emissions have increased by 43.02%, reflecting a rising long-term trend in Scope 1 emissions over time. a b
Compared to the previous year (2022), Posco Eco & Challenge's Scope 1 emissions increased by 65.46%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a
In 2023, Posco Eco & Challenge reported Scope 2 greenhouse gas (GHG) emissions of 40,201 tCO₂e using the location-based method. a
Compared to the previous year (2022), Posco Eco & Challenge's Scope 2 emissions (Location-Based) rose by 11.38% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy a
In 2023, Posco Eco & Challenge reported its Scope 2 emissions using the location-based method. a
In 2023, Posco Eco & Challenge reported 3,255,792 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a
The 2023 disclosure of Posco Eco & Challenge includes a breakdown across 8 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year. a
In 2023, Posco Eco & Challenge reported total Scope 3 emissions of 3,255,792 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 51.37% of these emissions originated from upstream activities such as purchased goods and capital goods, while 48.63% came from downstream activities like product use, distribution, and end-of-life treatment. a
Since 2020, Posco Eco & Challenge's Scope 3 emissions have increased by 22,245.86%, reflecting a rising long-term trend in Scope 3 emissions over time. a b
Compared to the previous year (2022), Posco Eco & Challenge's Scope 3 emissions remained relatively stable, indicating that Posco Eco & Challenge 's emissions have plateaued with no significant change in its value chain footprint. a
In 2023, 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 2023, the largest contributors to Posco Eco & Challenge's Scope 3 emissions were: a
In 2023, Posco Eco & Challenge reported a total carbon footprint of 3,304,860 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 1% increase compared to 2022, suggesting a rise in emissions across its operations or value chain. a
The largest contributor to Posco Eco & Challenge's total carbon footprint was Scope 3 emissions, accounting for 98.52% of the company's total carbon footprint, followed by Scope 2 emissions at 1.22%. a