Posco Holdings Inc

Common Name
Posco Holdings
Country
South Korea
Sector
Basic Materials
Industry
Steel
Employees
429
Ticker
005490
Exchange
KOREA EXCHANGE
Description
Posco Holdings Inc., a prominent player in the global steel industry, specializes in the production and distribution of steel products worldwide. As one of the largest steel manufacturers, Posco's ope...

Posco Holdings's Climate Target Data Preview

As of 2023, Posco Holdings has disclosed 3 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 3 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 Holdings ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2035
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2040

This table provides a simplified preview of selected climate targets data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Posco Holdings's Greenhouse Gas Emissions Pathways

As of 2023, Posco Holdings has set greenhouse gas (GHG) emissions reduction targets that cover its operational emissions (Scope 1 and 2), but not its value chain emissions (Scope 3). This means its reduction efforts currently focus on direct and purchased energy emissions.

Does Posco Holdings have a target to reduce the emissions from its operations?

As of 2023, Posco Holdings has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.

Posco Holdings's most ambitious operational target is to reduce these emissions by 50% by 2040, compared to a baseline of 85,450,000 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019.

As of 2023, Posco Holdings is lagging behind on its operational emissions reduction target, having achieved 15.5% of the planned reduction.

Posco Holdings's Operational (Scope 1+2) Emissions Pathway

20192023203020352040025 M50 M75 M100 MCurrent (-8%)Target 2035 (-30%)Target 2040 (-50%)
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