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POSCO listed on DJSI for 12 consecutive years for first in world's steel industry

Sep. 08, 2016
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  • - POSCO is the only company in Korea to be listed for 12 consecutive years
    - Scored the highest in risk management, biodiversity, social contribution, etc.

    POSCO was the first in the world's steel industry to be acknowledged for sustainable management for 12 consecutive years in the DJSI (Dow Jones Sustainability Indices), which are assessment indices for global sustainability that were announced on September 8.


    DJSI are indices jointly developed by S&P Dow Jones Indices, a provider of financial information in the US, with RobecoSAM, a specialized global sustainable management assessor in Switzerland. They are acknowledged as the world's most authoritative sustainability indices.


    This year in the steel sector, POSCO was selected as an outstanding company in global sustainable management indices (DJSI World) among a total of 15 companies. POSCO scored the highest in risk management, biodiversity, social contribution, and stakeholder management. The company also received favorable reviews in climate strategies, customer relations management, and securing and assessing talented human resources. This enabled POSCO to be acknowledged for sustainable management for 12 consecutive years, maintaining its name on the list for the longest time among Korean companies.


    ``POSCO will share the assessment results with related departments and upgrade the group's sustainability in issue management, response to climate change, safety, and health,`` said a POSCO official. ``This is expected to widely spread social empathy on sustainability to various corporate stakeholders including investors.``


    The DJSI selects and announces the top 10% outstanding sustainability companies among the world’s top 2,500 companies based on an annual media research, corporate monitoring and survey assessment.


    The assessment results are widely used in operating SRI (Socially Responsible Investment) from international corporate investors, funds, and financial products. Companies with outstanding sustainability can preoccupy business opportunities by fulfilling corporate social and environmental responsibility, while also managing economic, environmental and social risks, thereby achieving stable growth and sustainable development. 

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