Below is the information acquired on POSCO CO.,LTD., which is not yet included in our research perimeter.

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Last update 31 March 2022

Description of economic activities

Manufacture of basic iron and steel and of ferro-alloys (NACE2 2410)

The company is primarily engaged in the manufacture and sale of various steel products. Established in 1968, it was formerly known as Pohang Iron & Steel Co. Ltd. The company's head office is located in Pohang-si, South Korea.The company is the third largest steel producer in the world. It operates two steel mills in the country, one in Pohang and the other in Gwangyang. the company manufactures hot rolled products, plates, wire rods, cold rolled products, silicon steel sheets and stainless steel products.The company's hot rolled products are used in the production of structural steel used in the construction of buildings and bridges, railway rolling stocks, industrial pipes and tanks, and automobile chassis. Its plates are used in shipbuilding, structural steelwork, offshore oil and gas production, power generation, and mining, as well as the production of earth-moving and mechanical handling equipment, boiler and pressure vessels, and other industrial machinery. The company's wire rods are used for the manufacturers of wire, nails, bolts, nuts, and welding rods, as well as used in the manufacture of coil springs, tension bars, and tire cords in the automobile industry. Its cold rolled coils and further refined galvanized cold rolled products are used in the automobile industry to make car body panels, as well as in household goods, electrical appliances, engineering, and metal goods industries. The company's silicon steel sheets are used for the production of power transformers and generators, and rotating machines; and its stainless steel products are used in the chemical, paper mills, aviation, automobile, construction, and food processing industries, as well as in the manufacture of household goods.The company operates a joint venture with U.S. Steel and USS-POSCO, which is located in Pittsburg, California. It has a strategic alliance with Nippon Steel Corporation, whose principal activity is to manufacture steel products. The company distributes its products to the Asia, Japan, North America and Europe.
  • POSCO CO.,LTD.

  • Republic of Korea (KR)
  • Company type: Corporate
  • Parent company: N/A
  • Chief Executive Officer (CEO): Mr Seung-Wha Chang
  • CEO Total remuneration: N/A
  • Website: www.posco.com

Financial data

Number of employees

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Revenue 1

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EBIT 1

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EBITDA 1

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1 numbers are in millions

  • RepRisk Indicator (last month):  42

Social dialog

  • Transnational Corporate Agreement (TCA): N/A
  • Global Framework Agreement (GFA): N/A
  • Societas Europaea (SE): N/A
  • Bangladesh Accord: N/A

European Works Councils

  • EWC: N/A

Standards and certifications

  • Global Compact:
  • N/A
  • CDP (Carbon Disclosure Project): N/A
  • Modern Slavery Statement: N/A
  • Transparency Index: N/A
  • SA8000 Social Accountability: N/A
  • Integrated report: N/A
  • ISO26000: N/A
  • OECD Guidelines:
  • Social Development Goals (SDGs): N/A

Global Reporting Initiative certification

  • Global Reporting Initiative standards: N/A
  • Global Reporting Initiative GRI G4: N/A

Other company declarations

  • Corporate Social Responsability:
    N/A
  • Accessibility: N/A

Other resources

Policies

  • Training policy: N/A
  • Policy to protect the right to health and safety in the workplaces where the company operates: N/A
  • Policy to protect the right to health and safety in the workplaces in the supply chain: N/A
  • Diversity policy: N/A

Universal declarations

Declarations and treaties recognised by the country where the company has its registered office

  • Universal Declaration of Human Rights:
  • European Convention on Human Rights (ECHR):
  • Charter of Fundamental Rights of CDFL Workers (Strasbourg Charter 1989):
  • Charter of Fundamental Rights of the European Union EU CFR (Nice Charter 2000):
  • Treaty on the Functioning of the European Union TFEU:
  • Registered office in an OECD country:
  • ILO C029 - Forced Labour Convention, 1930 (No. 29):
  • ILO C087 - Freedom of Association and Protection of the Right to Organise Convention, 1948 (No. 87):
  • ILO C098 - Right to Organise and Collective Bargaining Convention, 1949 (No. 98):
  • ILO C100 - Equal Remuneration Convention, 1951 (No. 100):
  • ILO C105 - Abolition of Forced Labour Convention, 1957 (No. 105):
  • ILO C111 - Discrimination (Employment and Occupation) Convention, 1958 (No. 111):
  • ILO C138 - Minimum Age Convention, 1973 (No. 138):
  • ILO C182 - Worst Forms of Child Labour Convention, 1999 (No. 182):

Directives applied in the company offices in EU 27

  • D. 80/987/EEC: N/A
  • D. 89/391/EEC: N/A
  • D. 98/59/EC: N/A
  • D. 2000/43/EC: N/A
  • D. 2000/78/EC: N/A
  • D. 2001/23/EC: N/A
  • Council D. 2001/86/EC: N/A
  • D. 2002/14/EC: N/A
  • D. 2002/73/EC: N/A
  • Council D. 2003/72/EC: N/A
  • EP and Council D. 2005/56/EC: N/A
  • D. 2009/38/EC: N/A
  • D. 2004/25/EC: N/A
  • D. 2011/35/EU: N/A

Presence in main rankings

  • Global 100 Most Sustainable Corporations: N/A
  • Global CSR Rep Trak 100: N/A
  • BrandZ Top 100 Most Valuable US Brands: N/A
  • The Worlds Best Multinational Workplaces: N/A
  • The Gartner Supply Chain Top 25: N/A
  • The Worlds Most Innovative Companies: N/A
  • The Diversity Inc Top 50 Companies: N/A
  • Best Global Websites: N/A
  • Green Ranking Global Top 500: N/A
  • Green Ranking Global Top 100:

Reference trade unions