POSCO CORPORATE CITIZENSHIP
REPORT 2020
Economic, Environmental Social, and Governance Performance
ESG FACTBOOK
This ESG Factbook was based on data from POSCO's domestic worksites and verified by a third-party along with the 2020 Corporate Citizenship Report.
POSCO
Corporate
Citizenship
Report 2020
OVERVIEW
BUSINESS
SOCIETY
PEOPLE
Environmental
Indicator | Unit | 2017 | 2018 | 2019 | 2020 | ||||||
Basic Information | |||||||||||
POSCO Crude Steel Output | thousand tons | 37,207 | 37,735 | 38,007 | 35,935 | ||||||
Air 1) | |||||||||||
Absolute dust emissions | thousand tons | 3.3 | 3.2 | 3.5 | 0.3 | ||||||
Dust intensity (per output) | kg/t-crude steel | 0.09 | 0.09 | 0.09 | 0.01 | ||||||
Absolute NOx emissions | thousand tons | 36.1 | 39.2 | 41.0 | 40.7 | ||||||
NOx intensity (per output) | kg/t-crude steel | 0.97 | 1.04 | 1.08 | 1.13 | ||||||
Absolute SOx emissions | |||||||||||
thousand tons | 25.0 | 24.2 | 23.2 | 24.9 | |||||||
SOx intensity (per output) | |||||||||||
kg/t-crude steel | 0.67 | 0.64 | 0.61 | 0.69 | |||||||
Water | |||||||||||
Water withdrawal | million m3 | 140.0 | 139.5 | 142.0 | 136.4 |
Air Emissions (Unit: thousand tons) | ||||||||||||
41.0 | ||||||||||||
39.2 | 40.7 | NOx | ||||||||||
36.1 | SOx | |||||||||||
23.2 | ||||||||||||
25.0 | ||||||||||||
24.2 | ||||||||||||
24.9 | ||||||||||||
3.3 | ||||||||||||
3.5 | ||||||||||||
3.2 | 0.3 Dust | |||||||||||
2017 | 2018 | 2019 | 2020 |
Water Withdrawal (Unit: million m3)
GOVERNANCE
ESG DATA
TCFD
SASB
1
Treated urban sewage water | million m3 | 29.2 | 28.6 | 28.8 | 28.6 | ||||||
Desalinated water | million m3 | 8.1 | 7.2 | 7.3 | 7.7 | ||||||
Surface water (rivers, dams) | million m3 | 96.2 | 97.0 | 100.0 | 93.3 | ||||||
Underground water | million m3 | 6.6 | 6.6 | 5.9 | 6.7 | ||||||
Water intensity (per crude steel output) | kg/t-crude steel | 3.70 | 3.70 | 3.74 | 3.80 | ||||||
Total water consumption2) | million m3 | 72.7 | 68.8 | 68.7 | 64.4 | ||||||
Total recycled water | million m3 | 46.9 | 48.0 | 50.9 | 50.8 | ||||||
Total rainwater and wastewater discharge3) | million m3 | 67.4 | 70.6 | 73.3 | 71.9 | ||||||
Percentage of water withdrawn from regions with | million m3 | None | None | None | None | ||||||
"High" or "Extremely High" baseline water stress | |||||||||||
Percentage of water consumed in regions with | million m3 | None | None | None | None | ||||||
"High" or "Extremely High" baseline water stress | |||||||||||
- In accordance with the Special Act on the Improvement of Air Quality in Air Control Zones, the facilities subject to air emission calculations have been changed
- Indicating total water withdrawal - wastewater discharge according to GRI Standards
- Total amount of wastewater under final treatment at worksites and discharged into the sea during report period
140.0 139.5 142.0 136.4
96.2 | 97.0 | 100.0 | ||
93.3 | ||||
29.2 28.6 28.8 28.6
8.1 | 7.2 | 7.3 | 7.7 |
6.6 | 6.6 | 5.9 | 6.7 |
2017 | 2018 | 2019 | 2020 |
Surface water (rivers, dams)
Treated urban sewage water
Desalinated water
Underground water
POSCO
Corporate
Citizenship
Report 2020
OVERVIEW
Environmental
Indicator | Unit | 2017 | 2018 | 2019 | 2020 | |||||||
Waste | ||||||||||||
Total waste generated1) | tons | 10,587,757 | 11,295,560 | 16,713,940 | 21,974,669 | |||||||
Total waste recycled | tons | 10,201,434 | 10,892,423 | 16,332,607 | 21,662,981 | |||||||
Total waste disposed (incineration and landfill) | tons | 386,323 | 403,137 | 381,333 | 311,688 |
Percentage of Total Waste and Designated Waste
(Unit: thousand tons, %)
1.5
0.9 0.6 0.4
21,975
BUSINESS
Percentage of hazardous waste | % | 1.5 | 0.9 | 0.6 | 0.4 |
1) Granulated slag-producing facilities were reclassified as waste-recycling facilities in reflection of the governmental interpretation of waste that was redefined in 2019. |
16,714
16,333
21,663
SOCIETY
PEOPLE
GOVERNANCE
ESG DATA
TCFD
SASB
2
The amount of granulated slag excluded until 2018 was included in the calculation of waste for reporting purposes. |
Resource Recycling
Recycled blast furnace slag | tons | 12,039,635 | 12,239,298 | 12,450,191 | 11,998,028 | |
Granulated slag | Cement industry use | tons | 11,151,012 | 10,728,377 | 10,625,781 | 10,810,459 |
Fertilizer | tons | 257,019 | 259,484 | 260,406 | 277,349 | |
Palletized slag | tons | 631,603 | 1,251,437 | 1,564,005 | 910,220 | |
CO2 avoided from slag re-use in the cement industry1) | thousand tCO2e | 8,596 | 8,392 | 8,311 | 8,486 | |
Reused production residue and by-products | % | 98.4 | 98.3 | 98.3 | 98.8 |
- By applying the theoretical ratio of which CaO, the main component of cement clinker, is converted to CO2, the CO2 reduction result for every 1 ton of clinker being replaced by 1 ton of granulated slag has been calculated as 0.785 t-CO2/t-Clinker.
Management
Adoption of ISO 50001 (Energy Management System Certification) | % | 100 | 100 | 100 | 100 | ||||||
No. of certified worksites | worksites | 2 | 2 | 2 | 2 | ||||||
No. of certification-target worksites | worksites | 2 | 2 | 2 | 2 | ||||||
Adoptionof ISO14001(Environmental Management System Certification) | % | 100 | 100 | 100 | 100 | ||||||
No. of certified worksites | worksites | 2 | 2 | 2 | 2 | ||||||
No. of certification target worksites | worksites | 2 | 2 | 2 | 2 | ||||||
No. of violations of legal obligations1) | cases | 1 | 10 | 8 | 5 | ||||||
Amount of green purchases | million KRW | 267,721 | 320,014 | 315,892 | 279,686 |
1) Number of violations of legal obligations according to POSCO's Corporate Report
10,587 11,295
10,201 10,892
386 | 403 | 381 | 312 |
2017 | 2018 | 2019 | 2020 |
Recycled waste | Disposed waste | Percentage of | |||||||
(incineration and landfill) | designated waste | ||||||||
▲ ISO 50001 Certification | ▲ ISO 50001 Certification | ▲ ISO 14001 Certification |
(Pohang Works) | (Gwangyang Works) | (General) |
POSCO
Corporate
Citizenship
Report 2020
OVERVIEW
BUSINESS
SOCIETY
PEOPLE
GOVERNANCE
ESG DATA
TCFD
SASB
3
Environmental
Indicator | Unit | 2017 | 2018 | 2019 | 2020 | |||||||||
Energy | ||||||||||||||
Energy consumption | GJ | 374,858,713 | 378,728,730 | 382,845,859 | 374,874,610 | |||||||||
Direct energy | Natural gas | GJ | 42,841,873 | 41,384,234 | 45,885,941 | 52,692,024 | ||||||||
Diesel | ||||||||||||||
GJ | 174,541 | 170,094 | 183,292 | 179,288 | ||||||||||
Gasoline | ||||||||||||||
GJ | 10,942 | 10,866 | 12,732 | 8,347 | ||||||||||
Vehicle LPG | ||||||||||||||
GJ | 174 | 167 | 132 | 62 | ||||||||||
Indirect energy (electricity) | Electricity | |||||||||||||
GJ | 8,550,171 | 8,545,433 | 6,300,216 | 4,480,025 | ||||||||||
Renewable energy | ||||||||||||||
GJ | 0 | 119 | 219 | 318 | ||||||||||
Retrieved and reused on-site energy | Off-gas | |||||||||||||
GJ | 323,281,012 | 328,617,817 | 330,463,327 | 317,514,546 | ||||||||||
Energy intensity (per output) | GJ/ t-crude steel | 10.1 | 10.0 | 10.1 | 10.4 | |||||||||
Percentage of off-gas in consumed fuel | % | 86.2 | 86.8 | 86.3 | 84.7 | |||||||||
Percentage of natural gas in consumed fuel | % | 11.4 | 10.9 | 12.0 | 14.1 | |||||||||
Percentage of electricity in consumed fuel | % | 2.3 | 2.3 | 1.6 | 1.2 | |||||||||
Renewable energy sales | GJ | 17,834 | 16,135 | 16,012 | 16,287 | |||||||||
GHG | ||||||||||||||
GHG emissions (Scope 1 & 2)1) | tCO2e | 76,741,041 | 78,498,443 | 80,263,890 | 75,649,8823) | |||||||||
Scope 1 (direct emissions) | tCO2e | 75,633,360 | 77,391,479 | 79,447,924 | 75,069,656 | |||||||||
Scope 2 (indirect emissions) | tCO2e | 1,107,681 | 1,106,964 | 815,966 | 580,226 | |||||||||
GHG emissions (Scope 3) | tCO2e | 18,044,000 | 18,903,000 | 13,139,000 | 11,951,000 | |||||||||
GHG intensity (per output)2) | tCO2e/t-crude steel | 2.06 | 2.08 | 2.11 | 2.11 | |||||||||
- The above-listed data covers Pohang Works and Gwangyang Works only, which may lead to discrepancies from the inventory data submitted to the government that covers all worksites
- Changes made in GHG-emission calculations may lead to discrepancies with the 2019 Corporate Citizenship Report
- Emissions that were ultimately reported to the government after third-party verification but subject to change according to the government's final assessment results
Total Energy Consumption (Unit: TJ)
378,729 | |||||||||||
382,846 | |||||||||||
374,859 | tal energy | ||||||||||
374,875 | To | ||||||||||
328,618 | 330,463 | ||||||||||
323,281 | 317,515 | Re | used energy | ||||||||
(off-gas) |
42,842 | |||||||||||||||||||||||||||
45,886 | |||||||||||||||||||||||||||
41,384 | |||||||||||||||||||||||||||
52,692 | N | atural gas | |||||||||||||||||||||||||
8,550 | 8,545 | ||||||||||||||||||||||||||
6,300 | Electricity | ||||||||||||||||||||||||||
4,480 | |||||||||||||||||||||||||||
2017 | 2018 | 2019 | 2020 | ||||||||||||||||||||||||
GHG Emissions (Scope 3) (Unit: thousand tCO2) | |||||||||||||||||||||||||||
Other CO2 Emissions | 2017 | 2018 | 2019 | ||||||||||||||||||||||||
2020 | |||||||||||||||||||||||||||
Transportation of purchased raw materials | 978 | 986 | 936 | 903 | |||||||||||||||||||||||
Employee commutes | 7 | 7 | 5 | 6 | |||||||||||||||||||||||
Employees' domestic/ | 0.7 | 0.6 | 0.8 | 0.4 | |||||||||||||||||||||||
overseas business travels | |||||||||||||||||||||||||||
Purchased products and services | 2,638 | 2,997 | 3,287 | 3,332 | |||||||||||||||||||||||
Upstream leased assets | 2,081 | 2,180 | 2,184 | 2,014 | |||||||||||||||||||||||
Investments | 12,339 | 12,733 | 6,725 | 5,696 | |||||||||||||||||||||||
Total (excluding downstream leased assets) | 18,044 | 18,904 | 13,138 | 11,951 | |||||||||||||||||||||||
- Calculated with reference to WBCSD/WRI Greenhouse Gas Protocol
- The total weight of purchased raw materials amounted to 93.91 million tons (concerning coal, iron ore, and limestone, which make up the majority)
- While the total number of employees was 17,937 at the end of 2020, the data was calculated for Scope 1 & 2 only, which concerns only 14,169 employees at Pohang Works and Gwangyang Works
- GHG emissions were calculated with a focus on suppliers of primary raw materials out of all purchased products and services
- GHG emissions were calculated from the limestone calcination plant leased to POSCO CHEMICAL out of upstream leased assets
- Calculated based on POSCO-invested companies subject to the Emissions Trading System in consideration of their Scope 1 & 2 emissions and proportions of equity ownership
POSCO
Corporate
Citizenship
Report 2020
OVERVIEW
BUSINESS
SOCIETY
PEOPLE
GOVERNANCE
ESG DATA
TCFD
SASB
4
Social
Indicator | Unit | 2017 | 2018 | 2019 | 2020 | |||||||
Safety | ||||||||||||
Injured employees (total)1) | persons | 8 | 18 | 21 | 21 | |||||||
Injured employees (direct employees) | persons | 4 | 63) | 13 | 12 | |||||||
Injured employees (contractors) | persons | 4 | 12 | 84) | 9 | |||||||
Injury rate (total) | % | 0.03 | 0.06 | 0.07 | 0.07 | |||||||
Injury rate (direct employees) | % | 0.02 | 0.04 | 0.07 | 0.07 | |||||||
Injury rate (contractors) | % | 0.03 | 0.09 | 0.06 | 0.06 | |||||||
Fatalities (total)2) | persons | 0 | 5 | 2 | 4 | |||||||
Fatalities (direct employees) | persons | 0 | 0 | 2 | 2 | |||||||
Fatalities (contractors) | persons | 0 | 5 | 0 | 2 | |||||||
Fatality rate (total) | % | 0.00 | 0.02 | 0.01 | 0.01 | |||||||
Fatalities (direct employees) | % | 0.00 | 0.03 | 0.01 | 0.02 | |||||||
Fatalities (contractors) | % | 0.00 | 0.04 | 0.00 | 0.01 | |||||||
Percentage of health and safety management system | % | 100 | 100 | 100 | 100 | |||||||
certifications (ISO 45001) (general) | ||||||||||||
No. of certified worksites | worksites | 2 | 2 | 2 | 2 | |||||||
No. of certification target worksites | worksites | 2 | 2 | 2 | 2 | |||||||
- The above-listed numbers of injured employees, including the injury rate, total recordable injury frequency rate, and lost-time injury rate, were based on the data of direct employees and primary contractors. With the inclusion of direct employees, primary contractors, and relevant contractor, the number of annual injured employees would be as follows:
2017 | 2018 | 2019 | 2020 | |||
8 persons | 18 persons | 28 persons | 26 persons |
- The above numbers of injured employees, including the fatality rate and lost-time injury frequency rate, were based on the data of direct employees and primary contractors. With the inclusion of direct employees, primary contractors, and relevant contractor, the number of annual fatalities would be as follows:
2017 | 2018 | 2019 | 2020 | |||
0 persons | 5 persons | 3 persons | 5 persons |
- The 2019 Corporate Citizenship Report specifies this as 4 persons, but due to 2 additional cases verified as industrial accidents, the final number was increased to 6 persons.
- 1 additional industrial accident case due to revised KOSHA regulations
- 1 additional case due to approval of a post-accident change of incident status
- Due to revisions in the Occupational Safety and Health Act in 2020, statistical standards have been expanded to include relevant contractors,
leading to additions made to total accident cases, and making the total number of injured employees higher than what was published in the 2019 Corporate Citizenship Report.
The lost-time injury frequency rate and total recordable injury frequency rate for POSCO worksite locations according to the accident management criteria of Korea are as follows:
2017 | 2018 | 2019 | ||||||||
2020 | ||||||||||
Lost-time injury frequency rate | 0.11 | 0.20 | 0.26 | 0.26 | ||||||
(LTIFR) (total, per million hours) | ||||||||||
Lost-time injury | 0.11 | 0.16 | 0.31 | 0.36 | ||||||
frequency rate | ||||||||||
(direct employees) | ||||||||||
Lost-time injury | 0.11 | 0.24 | 0.21 | 0.18 | ||||||
frequency rate | ||||||||||
(contractors) | ||||||||||
2017 | 2018 | 2019 | ||||||||
2020 | ||||||||||
Total recordable injury frequency rate | 0.15 | 0.24 | 0.73 | 0.36 | ||||||
(TRIFR) (total, per million hours) | ||||||||||
Total recordable injury | 0.20 | 0.24 | 0.92 | 0.54 | ||||||
frequency rate | ||||||||||
(direct employees) | ||||||||||
Total recordable injury | 0.11 | 0.24 | 0.52 | 0.20 | ||||||
frequency rate | ||||||||||
(contractors) | ||||||||||
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POSCO published this content on 11 June 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 June 2021 08:03:06 UTC.