- Supply chain disruptions due to global financial risks, decoupling trends, and geopolitical tensions
- Loss of competitiveness in the case of inability to respond to the expanding renewable energy market in the steel pipe industry
- Reputational damage due to unethical behavior
- Resource circularization by minimizing waste and increasing recycling
SeAH Steel Holdings Corp.
Greenhouse gas emissions & sustainability report data
In its 2023-01-01 to 2023-12-31 reporting, SeAH Steel Holdings Corp. disclosed greenhouse gas emissions of 151.4K tCO2e/year (2023). By scope: Scope 1: 42.4K tCO2e/year (2023); Scope 2: 109.1K tCO2e/year (2023). Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
151.4K tCO2e/year (2023)
2023-01-01 to 2023-12-31
Water Usage
1.1M m3/year (2023)
2023-01-01 to 2023-12-31
Waste
16.6K tons/year (2023)
2023-01-01 to 2023-12-31
Energy Use
3.0M GJ/year (2023)
2023-01-01 to 2023-12-31
📊 Emissions by Scope (2023-01-01 to 2023-12-31)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 42.4K tCO2e/year (2023) |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 109.1K tCO2e/year (2023) |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- Pohang Plant obtained EPD certification for ERW and SAW carbon steel pipes (first in South Korea)
- SeAH Coated Metal obtained International EPD certification for color-coated, galvanized, and aluminum-zinc alloy-coated steel sheets
- SeAH Coated Metal reduced LNG consumption and nitrogen oxide emissions by approximately 40% with new RTO system
- 15% reduction in carbon emissions by 2030 and 100% reduction by 2050 relative to the emissions in 2018 (target)
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce carbon emissions by 15% from 2018 levels by 2030 (or 5% with production increase)
- Achieve 7.5% renewable energy by 2030
📅 Medium-term
- Achieve 15% reduction in carbon emissions by 2030 and 100% reduction by 2050 relative to the emissions in 2018
🔭 Long-term
- Achieve carbon neutrality by 2050
🌱 ESG Focus Areas
Climate Change MitigationCorporate CultureExpansion of Eco-Friendly InvestmentResources Outflows Related to Products and ServicesTraining and Competency DevelopmentEqual OpportunitiesHealth and SafetyManagement of Supplier Relationships