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 GHG Emissions Data Preview

In 2023, Posco Holdings 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 Holdings has also provided a category-level breakdown for 12 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Unspecified Calculation Method
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions 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 Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Posco Holdings amounted to 80,670,548 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).

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Posco Holdings increased by 2.64%, suggesting that the company faced challenges in reducing its emissions from its core operations.

Posco Holdings's Scope 1 Emissions Over Time

202120222023025 M50 M75 M100 MtCO2e-10%+3%
  • Total Scope 1
  • Year-over-Year Change

What are Posco Holdings's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Posco Holdings were 77,733,232 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Posco Holdings reduced its Scope 1 emissions over time?

Since 2021, Posco Holdings's Scope 1 emissions have decreased by 7.65%, reflecting a declining long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), Posco Holdings's Scope 1 emissions increased by 3.01%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.

What are Posco Holdings's Scope 2 emissions?

In 2023, Posco Holdings reported Scope 2 greenhouse gas (GHG) emissions of 2,937,316 tCOâ‚‚e without specifying the calculation method.

Has Posco Holdings reduced its Scope 2 emissions over time?

Since 2021, Posco Holdings's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have increased by 10.27%, reflecting a rising long-term trend in Scope 2 emissions over time.

Compared to the previous year (2022), Posco Holdings's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Posco Holdings 's emissions have plateaued with no significant change in its energy consumption footprint.

What methodology does Posco Holdings use for Scope 2 reporting?

In 2023, Posco Holdings reported its Scope 2 emissions using an unspecified methodology.

Posco Holdings's Scope 2 Emissions Over Time

2021202220230800 k1.6 M2.4 M3.2 MtCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Posco Holdings's Value Chain Emissions

In 2023, Posco Holdings reported 25,289,698 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2023 disclosure of Posco Holdings includes a breakdown across 11 of the 15 Scope 3 categories defined by the GHG Protocol, down from 12 in 2022, indicating a decline in reporting granularity and reduced insight into the company's full value chain emissions.

Posco Holdings's Scope 3 Emissions Over Time

20212022202309.5 M19 M28.5 M38 MtCO2e+35%-33%
  • Total Scope 3
  • Year-over-Year Change

What are Posco Holdings's Scope 3 emissions?

In 2023, Posco Holdings reported total Scope 3 emissions of 25,289,698 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 69.82% of these emissions originated from upstream activities such as purchased goods and capital goods, while 30.18% came from downstream activities like product use, distribution, and end-of-life treatment.

Has Posco Holdings reduced its Scope 3 emissions over time?

Since 2021, Posco Holdings's Scope 3 emissions have remained relatively stable, indicating that Posco Holdings 's emissions have plateaued with no significant change in its value chain footprint.

Compared to the previous year (2022), Posco Holdings's Scope 3 emissions decreased by 33.15%, highlighting the company's efforts to lower indirect emissions from its value chain.

What categories of Scope 3 emissions does Posco Holdings disclose?

In 2023, Posco Holdings reported emissions for 11 out of the 15 Scope 3 categories defined by the GHG Protocol.

This reflects a high level of granularity and transparency in the company's emissions reporting.

What are the main sources of Posco Holdings's Scope 3 emissions?

In 2023, the largest contributors to Posco Holdings's Scope 3 emissions were:

  • Purchased Goods and Services (Cat. 1): 5,404,017 tCOâ‚‚e (42.74%)
  • Upstream Transportation and Distribution (Cat. 4): 2,014,766 tCOâ‚‚e (15.93%)
  • Downstream Leased Assets (Cat. 13): 1,974,893 tCOâ‚‚e (15.62%)

Posco Holdings's Scope 3 Emissions by Categories

UpstreamTransportation andDistribution(Cat. 4)(15.9%)Purchased Goods andServices (Cat. 1)(42.7%)Downstream LeasedAssets (Cat. 13)(15.6%)

Insights into Posco Holdings's Total Carbon Footprint

In 2023, Posco Holdings reported a total carbon footprint of 105,960,246 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 8.99% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output.

The largest contributor to Posco Holdings's total carbon footprint was Scope 1 emissions, accounting for 73.36% of the company's total carbon footprint, followed by Scope 3 emissions at 23.87%.