POSCO Holdings applies integrated ESG disclosure system to sustainability report
Translated from Korean, summarized and contextualized by DistantNews.
At a glance
- POSCO Holdings has released its 2025 Sustainability Report, applying an integrated group-wide ESG disclosure system.
- The company standardized disclosure data from its subsidiaries and selected key ESG issues through a double materiality assessment.
- This initiative aims to proactively respond to mandatory ESG disclosures and enhance the consistency and comparability of group ESG information.
POSCO Holdings has launched its 2025 Sustainability Report, marking a significant step in establishing an integrated ESG disclosure system across its group. This move is designed to proactively address the increasing demands for ESG (Environmental, Social, and Governance) reporting.
The company has standardized disclosure data from its key subsidiaries, including POSCO, POSCO International, POSCO E&C, POSCO Future M, POSCO DX, POSCO Steelion, and POSCO M-Tech. These subsidiaries underwent a consistent 'double materiality assessment' to identify core ESG issues from a group perspective. This assessment considers both the impact of corporate activities on the environment and society, and how external sustainability factors affect the company's financial status.
For the first time, POSCO Holdings has standardized its ESG disclosure items and data aggregation methods to align with the core requirements of major investors and ESG rating agencies. This enhances the consistency and integrity of the group's ESG information, making data comparison and analysis between subsidiaries more convenient. The report categorizes issues into core and general, with core issues systematically detailed across governance, strategy, risk management, and indicators for POSCO Holdings and its seven subsidiaries.
To bolster the reliability of its disclosures, POSCO Holdings has strengthened its internal control system by establishing an 'ESG Ambassador' program. These ambassadors, comprised of specialists from various fields like carbon neutrality and safety, participate in the entire reporting process, from planning to data verification. This ensures a strong link between disclosed information and actual job responsibilities. The company's commitment to transparent information disclosure has been recognized through accolades such as an A grade from MSCI ESG, a Grade 1 in Social and Governance from ISS ESG Quality Score, and an A+ from the Korea ESG Standards Institute. Notably, POSCO Holdings was also selected as an outstanding company in the 'Just Transition' category by the World Benchmarking Alliance, the only Korean company to receive this recognition.
Originally published by Hankyoreh in Korean. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.