POSCO Chemical installs solar panels at anode material plant... Expanding ESG management

Installation of Solar Panels Producing 209 MWh Annually at Sejong City Factory
Power Generation Facilities Also Planned for Anode Material Factory to Address Climate Change

[Asia Economy Reporter Hwang Yoon-joo] POSCO Chemical is expanding its use of renewable energy to reduce greenhouse gas emissions.

POSCO Chemical announced on the 19th that it installed solar power panels on the rooftops and parking lots of its anode material factory located in Sejong City. The installed solar panels cover an area of approximately 550㎡ and will produce about 209 MWh of renewable electricity annually.

This initiative aims to participate in global climate change response efforts by reducing greenhouse gas emissions and actively practicing ESG (Environmental, Social, and Governance) management.

Starting with the installation of this solar power facility, POSCO Chemical plans to actively increase its use of renewable energy. It will first expand renewable energy generation facilities such as solar panels at its cathode material factory in Gwangyang City and other secondary battery material production plants.

Additionally, POSCO Chemical will explore various mid- to long-term methods to expand renewable energy use, including purchasing renewable energy certificates and entering into third-party power purchase agreements directly with power producers.

So far, POSCO Chemical has made various efforts to enhance eco-friendliness across its operations by recovering waste heat generated during production processes for energy reuse and improving the efficiency of production facilities. Furthermore, through continuous research on greenhouse gas reduction technologies, the company was selected as an outstanding performer in greenhouse gas reduction in the Korea-EU Emissions Trading Scheme cooperation project led by the Delegation of the European Union to Korea and the Ministry of Economy and Finance. It has also actively pursued resource recycling, obtaining circular resource certification to use graphite by-products from the anode material factory, which were previously treated as waste, as high value-added materials.

In the future, POSCO Chemical plans to acquire Environmental Product Declaration certification, which indicates the environmental impact of the entire production process of secondary battery materials.

Jung Dong-gil, head of POSCO Chemical’s Safety and Environmental Diagnosis Group, stated, "To create a sustainable future, we will actively strive not only to reduce greenhouse gases within our processes but also to increase the use of renewable energy."

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