POSCO Group Wins Three Awards at the Global Standard Management Awards

[Asia Economy Reporter Park Soyeon] On the 27th, POSCO Group won grand prizes in three categories of the ‘2020 Global Standard Management Awards’ selected by the Korea Management Certification Institute.

POSCO received the 'Sustainable Management Award' for '2 consecutive years in the Sustainable Management category' and the 'Sustainable Management Award for Report category,' while POSCO O&M was selected as the grand prize winner in the 'Social Contribution Award' category.

Now in its 19th year, the 'Global Standard Management Awards' are sponsored by the Ministry of Trade, Industry and Energy and the Ministry of SMEs and Startups, hosted by the Korea Management Certification Institute, and annually evaluate management systems and performance to select and announce outstanding companies in a total of seven categories including sustainable management and social contribution.

This year’s published POSCO '2019 POSCO Corporate Citizenship Report' was highly evaluated for being the first among major global steelmakers to disclose key ESG (Environmental·Social·Governance) information according to the Sustainability Accounting Standards Board criteria, and for being the first in domestic manufacturing to add the recommendations of the Task Force on Climate-related Financial Disclosures to the report.

Additionally, this year, POSCO O&M, which operates service businesses such as comprehensive real estate services, environmental facilities and infrastructure operation management, and architectural project support, received the grand prize in the social contribution category for the first time, adding significance to the achievement.

This content was produced with the assistance of AI translation services.