OREANDA-NEWS. March 14, 2013. POSCO was ranked second as the `2013 Korea`s Most Respected Companies,` announced by KMAC (Korea Management Association Consultants).

POSCO has listed its name in the `All Star Company` list for 10 consecutive years since KMAC started the survey in 2004, and ranked 2nd for 7 consecutive years. The company ranked first in the steel sector for 10 consecutive years.

From last October to January this year, KMAC surveyed 5,520 industry officers, 230 securities company analysts, and 4,560 general consumers on 6 items—# innovation ability, # shareholder value, # employee value, # customer value, # social value, # image value—announcing 30 most respected companies throughout all industries as `All Star Companies` and `Leading Industry Company` in 66 different industries.

In the results of this survey, POSCO was highly evaluated for financial soundness and asset utilization, talent fostering and employee benefits, product (service) quality and customer satisfaction activities, social contribution and environment-friendly management, as well as ethical management. In addition, internal activities to increase profitability and proactively striving for quality management, all employees voluntarily participating in volunteer activities and 1% sharing activities for the neglected and supporting self-reliance of multi-cultural families have contributed to the company`s image as Korea`s leading company with socially responsible management.

Of the investing companies, POSCO E&C was ranked 30th in the `All Star Companies` list, 4th in the plant engineering sector, and 4th in the construction sector. Daewoo International ranked 2nd in the general trading company sector.

Meanwhile, POSCO ranked 30th in the `Global 100 Most Sustainable Companies` ranking announced by (Corporate Knights) at the World Economic Forum in Davos, Switzerland, and as the `Most Competitive Steelmaker` by World Steel Dynamics for four consecutive years this past February, receiving high remarks for not only economic profitability, but also innovative technology, raw material cost competitiveness, and social responsibility.