In 2024, 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) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 76,617,080a | 77,733,124a | 75,459,988a | |
Total Scope 2 | ||||
Unspecified Calculation Method | 2,959,411a | 2,937,316a | 3,137,761a | |
Total Scope 3 | 12,592,747a | 12,644,849a | 18,914,106a | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 1,530.4662a | 1,289.0597a | 1,118.7666a |
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In 2024, the total operational greenhouse gas (GHG) emissions of Posco Holdings amounted to 79,576,491 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 Holdings decreased by 1.36%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
In 2024, the total Scope 1 emissions of Posco Holdings were 76,617,080 metric tons of CO₂ equivalent (tCO₂e).a
Since 2021, Posco Holdings's Scope 1 emissions have decreased by 8.98%, reflecting a declining long-term trend in Scope 1 emissions over time.ab
Compared to the previous year (2023), Posco Holdings's Scope 1 emissions decreased by 1.44%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
In 2024, Posco Holdings reported Scope 2 greenhouse gas (GHG) emissions of 2,959,411 tCO₂e without specifying the calculation method.a
Since 2021, Posco Holdings's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have increased by 11.1%, reflecting a rising long-term trend in Scope 2 emissions over time.ab
Compared to the previous year (2023), 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.a
In 2024, Posco Holdings reported its Scope 2 emissions using an unspecified methodology.a
In 2024, Posco Holdings reported 12,592,747 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 Holdings includes a breakdown across 12 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
In 2024, Posco Holdings reported total Scope 3 emissions of 12,592,747 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 70.94% of these emissions originated from upstream activities such as purchased goods and capital goods, while 29.06% came from downstream activities like product use, distribution, and end-of-life treatment.a
Since 2021, Posco Holdings's Scope 3 emissions have decreased by 54.97%, reflecting a declining long-term trend in Scope 3 emissions over time.ab
Compared to the previous year (2023), Posco Holdings's Scope 3 emissions remained relatively stable, indicating that Posco Holdings's emissions have plateaued with no significant change in its value chain footprint.a
In 2024, Posco Holdings reported emissions for 12 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.
In 2024, the largest contributors to Posco Holdings's Scope 3 emissions were:a
In 2024, Posco Holdings reported Scope 1 greenhouse gas (GHG) emissions of 76,617,080 tCO₂e and total revenues of USD 50,061 millions. This translates into an emissions intensity of 1,530.47 tCO₂e per millions USD.a
In 2024, Posco Holdings reported a Scope 1 emissions intensity of 1,530.47 tCO₂e per millions USD. Compared to the peer group median of 940.54, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2024, Posco Holdings ranked 18 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
Posco Holdings is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2024, Posco Holdings reported a total carbon footprint of 92,169,238 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 1.23% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.a
The largest contributor to Posco Holdings's total carbon footprint was Scope 1 emissions, accounting for 83.13% of the company's total carbon footprint, followed by Scope 3 emissions at 13.66%.a