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.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.