POSCO Future M has been recognized as an ‘Industry Mover’ by S&P Global in its 2023 corporate sustainability assessment, marking a significant achievement in environmental, social, and governance (ESG) efforts. This accolade is reserved for companies that exhibit outstanding improvement in their ESG scores, with POSCO Future M showcasing a remarkable 33% increase to 69 points over the last year.
S&P Global, a leading credit rating agency, annually evaluates the sustainability practices of corporations worldwide. The ‘Industry Mover’ status reflects POSCO Future M’s dedication to exceeding the industry standard in sustainability, particularly through its comprehensive ESG initiatives.
In pursuit of carbon neutrality by 2050, POSCO Future M has implemented a series of ESG activities aimed at reducing carbon emissions. These include the expansion of greenhouse gas management metrics to cover not only direct and indirect emissions but also supply chain emissions. The company has made significant strides in supply chain management by endorsing the use of responsible minerals and earning the ISO 37301 certification for compliance management systems. This achievement not only sets a precedent in the domestic battery materials industry but also underscores POSCO Future M’s commitment to sustainable and ethical business practices.
