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HOME Corporate Citizenship/ESG ESG Strategy Social Supply Chain

ESG Strategy

Supply Chain Management Strategy
In the spirit of Corporate Citizenship, we implement four strategies to manage our supply chains and uphold the principles of fair trade. New suppliers are always welcome to submit their application to partner with us. In addition, we enforce fair trade policies, which include disclosure of transaction data and promotion of competitive procurement. 100% of sourcing group data are made public. Transactions are screened by the ESG Committee to monitor insider trading risks.
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Supplier Code of Conduct
The POSCO Group Supplier Code of Conduct stipulates the basic principles to be observed by all suppliers that provide products and/or services to POSCO or POSCO¡¯s suppliers (hereinafter referred to as ¡°Suppliers¡±).
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Sustainable Purchasing
Our supply chain management is aligned with our ESG priorities. We also promote sustainable material sourcing to support our carbon net-zero ambition.
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Purchasing Strategy
POSCO is building a sustainable supply chain based on four strategic objectives: fairness, transparency and corporate ethics; ESG-aligned sourcing practices; shared growth; competitive sourcing.
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Responsible Minerals
To address social problems related to the minerals production, such as human rights abuse, environmental degradation and financial flows to conflict groups, in 2020, ...
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