Posco Future M (KRX:003670) secured an A+ rating in the 2024 ESG evaluation by the Korea Institute of Corporate Governance and Sustainability, marking an improvement from last year's A, the company said last week.
The company received an A+ in environmental practices while maintaining high scores in social and governance. As part of its carbon neutrality goal for 2050, POSCO Future M is expanding its use of renewable energy and earned ISO 14067 certification for its product carbon footprint this year, the release said.
Shares of Posco Future M fell nearly 1% in recent trade.
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