Double Materiality Assessment
POSCO conducts a double materiality assessment in collaboration with POSCO Holdings, in accordance with the European Sustainability Reporting Standards (ESRS). In 2024, the assessment—aimed at identifying and evaluating both impact and financial materiality—was conducted through Group ESG Working Group sessions, investor surveys, stakeholder roundtables, and other relevant channels.
Assessment Process
Top 10 Issues in Steel Sector and POSCO’s Response
We identified the top 10 issues in the steel industry through a double materiality assessment and included them in the table of contents of the POSCO Sustainability Report 2024. The relevant details can be accessed via the link below.