POSCO Chairman Choi Jeong-woo: "We Will Become a 100-Year Company Respected Through Corporate Citizenship Culture"

POSTECH Hosts Symposium on '3 Years of POSCO Corporate Citizenship, Becoming the Path to Future Management'

[Asia Economy Reporter Hwang Yoon-joo] Choi Jung-woo, Chairman of POSCO, said on the 21st, "If 'Corporate Citizenship' is actively promoted in work and daily life and takes root as POSCO's culture, I am confident that it will become a respected 100-year company."

On the same day, Chairman Choi made this remark at a special symposium held at Pohang University of Science and Technology to mark the 3rd anniversary of the declaration of the Corporate Citizenship management philosophy. He stated, "We have confirmed that when various stakeholders surrounding a company pursue the values of coexistence and symbiosis together, greater corporate value is created and sustainability is ensured."

At the symposium titled "Three Years of POSCO Corporate Citizenship, Becoming the Path to Future Management," Chairman Choi introduced the achievements since the declaration of the Corporate Citizenship management philosophy.

First, in terms of 'business,' considering the global trend represented by low carbon and eco-friendliness, POSCO Group has established its business identity as a 'leading eco-friendly materials company' and is strengthening electric vehicle steel and parts, secondary battery materials, and hydrogen businesses.

Next, in terms of 'society,' POSCO is carrying out various eco-friendly activities such as expanding the use of steelmaking by-products and establishing a virtuous cycle system for waste resources. In the long term, it is focusing on developing hydrogen reduction steelmaking technology that can produce steel without carbon dioxide emissions to achieve carbon neutrality by 2050.

In terms of 'people,' safety is prioritized as the most important value. Efforts are being made without budget restrictions to prevent safety accidents by improving safety management systems, reinforcing facilities, and integrating smart technologies.

Chairman Choi said, "Along with Silicon Valley in the Pacific, we will create a 'Pacific Valley' on the Pacific coast," and added, "I hope many large companies that will lead the future of Korea will emerge."

Meanwhile, leading domestic and international scholars presented research results analyzing the value and achievements of the Corporate Citizenship management philosophy. The materials presented on the day are available for anyone to download in e-book format on the POSCO website.

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