Daily BriefsEnergy & Materials Sector

Daily Brief Energy/Materials: POSCO Holdings and more

In today’s briefing:

  • ESG Risks: Conflict Arises over POSCO Holdings’ Hydrogen Reduction Steel Project


ESG Risks: Conflict Arises over POSCO Holdings’ Hydrogen Reduction Steel Project

By Heejeong (Hollie) Park

  • As the development of POSCO Holdings’ hydrogen reduction steel project progresses, so do conflicts with the local community.
  • Opinions clash over hydrogen reduction steel plant construction for carbon neutrality by 2050 and concerns about ecological threats from ocean reclamation.
  • This incident falls under the category of community relations risks, and currently, POSCO Holdings’ company risk is rated at an extreme level of 4.8.

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