POSCO Group, Strengthening ESG Framework Centered on Holding Company Yields Results

Former Public Company, Achieved ESG Rating of A Grade or Higher

All listed affiliates within the POSCO Group have for the first time achieved an A grade or higher in the domestic ESG (Environmental, Social, and Governance) evaluation.

POSCO Holdings recently received an 'A+' grade in the comprehensive ESG evaluation conducted by the Korea ESG Standards Institute, an ESG rating agency. POSCO International, POSCO Future M, POSCO DX, POSCO Steelion, and POSCO M-TECH also received 'A' grades.

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Since the launch of the holding company last year, POSCO Group has established an ESG session within the board of directors, the Group ESG Council comprising top management, and a working-level Group ESG Task Force. The group has strengthened ESG management at the group level by reviewing the group's ESG management status at the holding company's board meetings every quarter.

POSCO Holdings received an A grade in the environmental category and A+ grades in both social and governance categories, achieving an integrated A+ grade one level higher than last year. The governance category was highly rated for strengthening board expertise and establishing an ESG governance system. Only 10 companies, representing 1.3% of the 791 companies evaluated, received an A+ grade in the governance category this year.

POSCO Holdings also received a 'Medium Risk' grade, an improvement from last year, in the ESG evaluation by Sustainalytics, a global ESG rating agency.

A POSCO Holdings official stated, "We plan to continuously strengthen the ESG governance system centered on the holding company," adding, "We will enhance our ESG management capabilities through active communication with stakeholders, including hosting ESG investment briefings for global ESG rating agencies and investors."

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