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POSCO International

Controversies

Controversies tied to this brand in public sources. A listing is not a finding of fault.

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  1. 2020

    Palm-oil deforestation and indigenous land-rights controversy

    PT Bio Inti Agrindo, a POSCO International subsidiary, was criticized over the clearing of rainforest for palm-oil plantations in Papua and disputes concerning indigenous communities' land rights. In 2020, the company adopted a deforestation policy and stated that it would compensate for some areas that had been cleared.

  2. Criticism over Myanmar gas projects

    POSCO International has faced criticism over its involvement in Myanmar gas operations, including the Shwe gas project. Critics have argued that revenues from such projects can benefit or support Myanmar's military authorities. The Myanmar Oil and Gas Enterprise, which holds a stake in the project, has been subject to European Union sanctions.