Daily BriefsESG

Daily Brief ESG: ESG Risks: Conflict Arises over POSCO Holdings’ Hydrogen Reduction Steel Project and more

In today’s briefing:

  • ESG Risks: Conflict Arises over POSCO Holdings’ Hydrogen Reduction Steel Project
  • Can the Gender Wage Gap Be Solved Simply by Investors Demanding Improvements from the Company?


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.

Can the Gender Wage Gap Be Solved Simply by Investors Demanding Improvements from the Company?

By Aki Matsumoto

  • The fact that men occupy most of the highly compensated positions has increased the wage gap between men and women, so solutions must start with correcting the male-dominated social structure.
  • Not only is no acceleration seen in PM Kishida’s target for % of female executives by 2030, but it’s only goal, not commitment, as it applies only to top-tier companies.
  • At this point, the only thing that can be done is for investors who have analyzed human capital disclosures in annual securities reports to persistently press companies to make improvements.

💡 Before it’s here, it’s on Smartkarma

Sign Up for Free

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

  • ✓ Unlimited Research Summaries
  • ✓ Personalised Alerts
  • ✓ Custom Watchlists
  • ✓ Company Data and News
  • ✓ Events & Webinars