POSCO Group (POSCO Holdings) announced on the 8th that it will launch the 'Safety Innovation and Future Strategy Advisory Committee' to implement a safe workplace and explore the group's future new business expansion.

The view of the POSCO building in Gangnam-gu, Seoul. /Courtesy of News1

The advisory committee is an independent advisory organization directly under the chairperson and is composed of three subcommittees: ▲ safety, ▲ future new business, and ▲ communication. Each subcommittee includes outside experts and the group's top management, providing advice necessary for setting the direction of group management.

POSCO Group appointed outside experts for each subcommittee of the advisory committee, including the chairperson. The plan is to obtain objective advice in promoting safety innovation and future new businesses to enhance the effectiveness of strategies.

Park Jun-sik, vice president of Hanlim University, has been appointed as chairperson. Kim Kyung-moon, president of Sungkonghoe University, will be in the safety subcommittee, while Yoon Young-cheol, vice president of Planet03 Partners, and Oh Dae-kyun, visiting professor at Seoul National University, will serve as experts in the future new business subcommittee, with Yoo Seung-chan, CEO of StoryDot, in the communication subcommittee.

Each subcommittee aims to present directions for safety innovation to raise systems, culture, and technology to the level of global advanced companies by strengthening the right to stop work, establishing a unified safety management system for contractors, and applying new technologies like artificial intelligence (AI).

The future new business subcommittee will contribute to discovering and nurturing future strategic industries such as energy, environment, and rare earths, which can synergize with POSCO Group's existing businesses, as well as responding to environmental changes like carbon neutrality and energy transition.

The communication subcommittee plans to lay the groundwork for active public-private cooperation in POSCO's promotion of safety and future new businesses by listening to stakeholders, including policy agencies, based on the outcomes derived from the committee.

The advisory committee plans to hold regular meetings once a month at each business site, starting with the launch ceremony on the 9th in Gwangyang, Jeollanam-do, and will decide and detail agendas by inviting external experts as needed.

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