About This Report

    Reporting Principles

    The POSCO Sustainability Report 2024 has been prepared in accordance with the Global Reporting Initiative (GRI) Standards, a globally recognized framework for sustainability reporting. The double materiality assessment was conducted in alignment with the European Sustainability Reporting Standards (ESRS), and our disclosures reflect the Sustainability Accounting Standards Board (SASB) standards for iron and steel producers.

    Reporting Boundary

    This report covers POSCO and its domestic worksites,1) with the exception of the ESG Factbook, which includes data from POSCO’s domestic worksites and 11 overseas subsidiaries.2) Please note that the 2023 data presented in the ESG Factbook is based on domestic worksites and five overseas subsidiaries,3) while the 2022 data is based on domestic worksites and three overseas subsidiaries.4)

    1)Pohang Works, Gwangyang Works, Pohang Head Office, Seoul Office

    2)PT. Krakatau POSCO (Indonesia), POSCO Zhangjiagang Pohang Stainless Steel (China), POSCO Yamato Vina Steel JSC (Vietnam), POSCO Thainox Public Company Ltd. (Thailand), POSCO Maharashtra Steel Private Ltd. (India), POSCO Mexico S.A. DE C.V. (Mexico), POSCO Vietnam (Vietnam), POSCO Mexico Puebla Processing Center S.A. de C.V. (Mexico), POSCO India Processing Center Private Ltd. (India), POSCO China (Fushan) Processing Center (China), POSCO (Suzhou) Automotive Processing Center Co. Ltd. (China)

    3)PT. Krakatau POSCO (Indonesia), POSCO Zhangjiagang Pohang Stainless Steel (China), POSCO Yamato Vina Steel JSC (Vietnam), POSCO Maharashtra Steel Private Ltd. (India), POSCO Thainox Public Company Ltd. (Thailand)

    4)PT. Krakatau POSCO (Indonesia), POSCO Zhangjiagang Pohang Stainless Steel (China), POSCO Yamato Vina Steel JSC (Vietnam)

    Reporting Period

    This report primarily covers performance from January 1 to December 31, 2024. It also includes select information on activities carried out during the first half of 2025.

    Reporting Cycle

    This report is published annually. The previous edition was released in July 2024.

    Independent Assurance

    Independent third-party assurance was conducted by KPMG Samjong Accounting Corp., in accordance with the International Standard on Assurance Engagements (ISAE) 3000.

    Disclaimer

    This report is available in both Korean and English. In the event of any discrepancies between the two versions, the Korean version shall take precedence. If significant revisions are required, we will disclose the relevant updates in the revision history section on our website. 

    This report also contains forward-looking statements reflecting POSCO’s current expectations regarding future events and ESG performance. While we believe these statements are based on reasonable assumptions and information available at the time of publication, they are subject to various risks and uncertainties, which may cause actual results to differ materially from those anticipated. These forward-looking statements are made as of the publication date, and we undertake no obligation to update them in response to new information or future developments.