POSCO’s Pohang and Gwangyang Works obtained the ‘ResponsibleSteel site certification’ for the first time in Asia at the Future Strategy Forum held in Memphis, Tennessee, USA.
ResponsibleSteel is a not-for-profit organization that develops global ESG standards for the steel industry and a certification program. It was established in 2016 to realize a sustainable society through steel and build trust among stakeholders.
A total of 130 companies and organizations are affiliated with ResponsibleSteel, including steelmakers, raw material, automotive, and energy companies that belong to the steel industry value chain and civil society organizations that require sustainability innovation. POSCO also joined the membership in January 2022 and has been pushing forward the site certification.
To obtain site certification, it is necessary to pass the review process of an independent third-party external organization for 370 requirements such as: Climate change and greenhouse gas emissions; ESG management system; Occupational health and safety; Labor rights; Human rights; Stakeholder engagement and communication; Local communities; Noise, Emissions, Effluents, and Waste Management; Corporate Leadership; Water Stewardship; and Biodiversity.
Pohang and Gwangyang Works obtained the first ResponsibleSteel site certification in Asia after nine months of inspection and due diligence in recognition of their excellence in ESG management activities and management systems.