Posco Future M Co Ltd
Posco Future M's GHG Emissions Data Preview
In 2024, Posco Future M 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 Future M has also provided a category-level breakdown for 15 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.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 2 | ||||
Unspecified Calculation Method | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
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aVerified Sources Behind Posco Future M’s Greenhouse Gas (GHG) Emissions Data
Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Posco Future M’s data sources below and access millions more through our Disclosure Search.
Insights into Posco Future M's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions of Posco Future M amounted to 2,298,141.9 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 2023, the total operational greenhouse gas (GHG) emissions of Posco Future M decreased by 3.8%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a
Posco Future M's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Posco Future M's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Posco Future M were 1,885,309 metric tons of CO₂ equivalent (tCO₂e). a
Has Posco Future M reduced its Scope 1 emissions over time?
Since 2019, Posco Future M's Scope 1 emissions have decreased by 16.64%, reflecting a declining long-term trend in Scope 1 emissions over time. a b
Compared to the previous year (2023), Posco Future M's Scope 1 emissions decreased by 6.76%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a
What are Posco Future M's Scope 2 emissions?
In 2024, Posco Future M reported Scope 2 greenhouse gas (GHG) emissions of 412,832.9 tCO₂e without specifying the calculation method. a
Has Posco Future M reduced its Scope 2 emissions over time?
Since 2019, Posco Future M's Scope 2 greenhouse gas (GHG) emissions ( Unspecified Calculation Method) have increased by 163.68%, reflecting a rising long-term trend in Scope 2 emissions over time. a b
Compared to the previous year (2023), Posco Future M's Scope 2 emissions (Unspecified Calculation Method) rose by 12.57% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy a
What methodology does Posco Future M use for Scope 2 reporting?
In 2024, Posco Future M reported its Scope 2 emissions using an unspecified methodology. a
Posco Future M's Scope 2 Emissions Over Time
- Total Scope 2 (Unspecified Calculation Method)
Insights into Posco Future M's Value Chain Emissions
In 2024, Posco Future M reported 1,972,949 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 2024 disclosure of Posco Future M includes a breakdown across 15 of 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
Posco Future M's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Posco Future M's Scope 3 emissions?
In 2024, Posco Future M reported total Scope 3 emissions of 1,972,949 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 98.03% of these emissions originated from upstream activities such as purchased goods and capital goods, while 1.97% came from downstream activities like product use, distribution, and end-of-life treatment. a
Compared to the previous year (2023), Posco Future M's Scope 3 emissions increased by 22.94%, suggesting that the company faced challenges in reducing emissions across its value chain. a
What categories of Scope 3 emissions does Posco Future M disclose?
In 2024, Posco Future M reported emissions for 15 out of the 15 Scope 3 categories defined by the GHG Protocol. a
This reflects a high level of granularity and transparency in the company's emissions reporting.
What are the main sources of Posco Future M's Scope 3 emissions?
In 2024, the largest contributors to Posco Future M's Scope 3 emissions were: a
- Fuel- and Energy-Related Services (Cat. 3): 903,767.9 tCO₂e (45.81%)
- Purchased Goods and Services (Cat. 1): 892,124.4 tCO₂e (45.22%)
- Upstream Transportation and Distribution (Cat. 4): 64,114.3 tCO₂e (3.25%)
Posco Future M's Scope 3 Emissions by Categories
Insights into Posco Future M’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Posco Future M reported Scope 1 greenhouse gas (GHG) emissions of 1,885,309 tCO₂e and total revenues of USD 2,521 millions. This translates into an emissions intensity of 747.71 tCO₂e per millions USD. a
Posco Future M's Scope 1 Emissions Intensity Compared to Peers
How does Posco Future M's GHG emissions intensity compare to its peers?
In 2024, Posco Future M reported a Scope 1 emissions intensity of 747.71 tCO₂e per millions USD. Compared to the peer group median of 4.89 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a
Where does Posco Future M rank on GHG emissions intensity within its industry?
In 2024, Posco Future M ranked 25 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
This places Posco Future M among the least efficient performers, with one of the highest emissions intensities in its sector. a
Insights into Posco Future M's Total Carbon Footprint
In 2024, Posco Future M reported a total carbon footprint of 4,271,090.9 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 6.95% increase compared to 2023, suggesting a rise in emissions across its operations or value chain. a
The largest contributor to Posco Future M's total carbon footprint was Scope 3 emissions, accounting for 46.19% of the company's total carbon footprint, followed by Scope 1 emissions at 44.14%. a