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United Nations Department of Economic and Social Affairs Sustainable Development

POSCO Steel Village SDGs Initiative

    Description
    Description
    Global steel maker POSCO has been working on a project called POSCO Steel Village that POSCO finds poor residential area, and works to improve environment and residents of the area in the cities where POSCO works. POSCO Steel Village is a project to build a great quality of residents based on POSCOs own steel-house method and to provide sustainable life for them. Starting from Vietnam in 2014, POSCO has built a total of 104 houses, and is planning to expand into various regions. POSCO began this initiative to improve poor living conditions and residents, and contribute to achieving SDG 11.
    Expected Impact

    POSCO is planning to expand POSCO Steel Village project that customizes characteristics of regions and countries to secure sustainability of local community. <br />
    <br />
    POSCO as Global Steel Maker owns World Premium technology which is objectively recognized for worlds top 3 class technological and economical prowess. POSCO also developed Seismic Resistance Steel that prepares for earthquake, and possesses various types of steel for architecture including SN steel. Additionally, POSCO developed high manganese anti-vibration steel that anti-vibration effect is efficient. With these methods, materials and technology, POSCO is applying them into various types of buildings and houses.<br />
    <br />
    In Korea, POSCO already donated 27 steel houses using its new rising technology PosMAC for fire-stricken families and low-income families. POSCO also built welfare facilities that includes various design features using corrugated steel pipes, and high manganese flooring. Also in poor areas of Vietnam and Myanmar, POSCO considered their regional characteristics such as rainy season and constructed steel bridges with application of PosMAC that corrosion resistance is strong.<br />
    <br />
    POSCO Steel House is designed to be strong even with vibration and deformation, thus, it is reliable in case of earthquake. In addition to anti-earthquake effect, corrosion resistance, life cycle, and durability will be longer when PosMAC is used as cladding material for steel house and steel bridge. Therefore, it can be alternative to act as sustainable residence. <br />
    <br />
    Based on technology and experiences from Korea, POSCO is solving the issue of poor housing area in local communities where POSCO business sites are located. In order to protect safe and decent life of local residents, POSCO Steel Village Project has been ongoing since 2014 when POSCO started it first time in Vietnam. In order to contribute to achieving UN SDG 11, POSCO is endeavoring to spread its sustainable residence model all over the world which will be used to build steel houses in Korea, steel villages in Indonesia, and steel dome in Thailand.<br />

    Capacity

    Through POSCO Steel Village Project, POSCO is putting efforts to accomplish UN SDG 11, Make cities and human settlements inclusive, safe, resilient and sustainable. Starting with POSCO Steel Village Project, and helping on issue of poor human settlements, POSCO can achieve one of UN 2030 agenda By 2030, Ensure access for all to adequate, safe housing and basic services and upgrade slums. Furthermore, POSCO is ought to support financial and technical assistance, in building sustainable and resilient buildings utilizing, and to work on Sendai Framework for Disaster Risk Reduction 2015.

    Governed

    POSCO has formed partnerships with employees, community members, and NGOs and pursued to make a sustainable society through mutual growths. POSCO family employees donate 1% of their monthly pay to raise funds for CSR (Corporate Social Responsibility) of POSCO 1% Foundation. By appointing outside experts into board of directors of POSCO 1% Foundation, POSCO has been fulfilling a greater transparency for selecting projects and operating fund. POSCO established a POSCO Steel Village SDGs Initiative to contribute to the achievement of Sustainable Development Goals and to make this project into an international initiative. Main project of the POSCO Steel Village SDGs Initiative is the POSCO Steel Village.<br />
    <br />
    Designed by POSCO family company POSCO A&C, POSCO Steel Village uses POSCO steel materials and strengthens durability and life of building. <br />
    <br />
    This project maintains a great cooperative relationship with NGOs such as Habitat and serves to enhance competence of local communities at home and abroad and capability of project performance. It also promotes proper residential environment through arrangements with local government and citizens and provides necessary conditions to achieve sustainable life for residents.<br />
    <br />
    POSCO Steel Village project has established not only buildings, houses, schools, and bridges, but also a social enterprise that helps local community to be financially independent. Based on this project, POSCO and local community try to solve issues of job creation and lack of job as well as issues of poor residential area. <br />
    <br />
    Number of people who are suffered from housing deprivation has been increased with more than 130 million people compared to 725 million people in 2000. This statistic shows that housing deprivation is one of the biggest risks that developing country and poor countries face. UN Habitat considers housing and slum upgrading as a critical issue among 16 urban themes. POSCO as Global Steel Maker Company, has constructed a condition to solve these problems directly with advanced construction technique, and has been practicing through partnerships formed with government, local community, and relevant NGOs.<br />

    Partners
    POSCO, POSCO 1% Foundation

    Goal 11

    Make cities and human settlements inclusive, safe, resilient and sustainable

    Goal 11

    11.1

    By 2030, ensure access for all to adequate, safe and affordable housing and basic services and upgrade slums

    11.1.1

    Proportion of urban population living in slums, informal settlements or inadequate housing

    11.2

    By 2030, provide access to safe, affordable, accessible and sustainable transport systems for all, improving road safety, notably by expanding public transport, with special attention to the needs of those in vulnerable situations, women, children, persons with disabilities and older persons
    11.2.1

    Proportion of population that has convenient access to public transport, by sex, age and persons with disabilities

    11.3

    By 2030, enhance inclusive and sustainable urbanization and capacity for participatory, integrated and sustainable human settlement planning and management in all countries
    11.3.1

    Ratio of land consumption rate to population growth rate

    11.3.2

    Proportion of cities with a direct participation structure of civil society in urban planning and management that operate regularly and democratically

    11.4

    Strengthen efforts to protect and safeguard the world’s cultural and natural heritage

    11.4.1

    Total per capita expenditure on the preservation, protection and conservation of all cultural and natural heritage, by source of funding (public, private), type of heritage (cultural, natural) and level of government (national, regional, and local/municipal)

    11.5

    By 2030, significantly reduce the number of deaths and the number of people affected and substantially decrease the direct economic losses relative to global gross domestic product caused by disasters, including water-related disasters, with a focus on protecting the poor and people in vulnerable situations

    11.5.1

    Number of deaths, missing persons and directly affected persons attributed to disasters per 100,000 population

    11.5.2

    Direct economic loss attributed to disasters in relation to global domestic product (GDP)

    11.5.3

    (a) Damage to critical infrastructure and (b) number of disruptions to basic services, attributed to disasters

    11.6

    By 2030, reduce the adverse per capita environmental impact of cities, including by paying special attention to air quality and municipal and other waste management

    11.6.1

    Proportion of municipal solid waste collected and managed in controlled facilities out of total municipal waste generated, by cities

    11.6.2

    Annual mean levels of fine particulate matter (e.g. PM2.5 and PM10) in cities (population weighted)

    11.7

    By 2030, provide universal access to safe, inclusive and accessible, green and public spaces, in particular for women and children, older persons and persons with disabilities
    11.7.1

    Average share of the built-up area of cities that is open space for public use for all, by sex, age and persons with disabilities

    11.7.2

    Proportion of persons victim of non-sexual or sexual harassment, by sex, age, disability status and place of occurrence, in the previous 12 months

    11.a

    Support positive economic, social and environmental links between urban, peri-urban and rural areas by strengthening national and regional development planning

    11.a.1

    Number of countries that have national urban policies or regional development plans that (a) respond to population dynamics; (b) ensure balanced territorial development; and (c) increase local fiscal space

    11.b

    By 2020, substantially increase the number of cities and human settlements adopting and implementing integrated policies and plans towards inclusion, resource efficiency, mitigation and adaptation to climate change, resilience to disasters, and develop and implement, in line with the Sendai Framework for Disaster Risk Reduction 2015-2030, holistic disaster risk management at all levels

    11.b.1

    Number of countries that adopt and implement national disaster risk reduction strategies in line with the Sendai Framework for Disaster Risk Reduction 2015–2030

    11.b.2

    Proportion of local governments that adopt and implement local disaster risk reduction strategies in line with national disaster risk reduction strategies

    11.c

    Support least developed countries, including through financial and technical assistance, in building sustainable and resilient buildings utilizing local materials

    Goal 17

    Strengthen the means of implementation and revitalize the Global Partnership for Sustainable Development

    Goal 17

    17.1

    Strengthen domestic resource mobilization, including through international support to developing countries, to improve domestic capacity for tax and other revenue collection

    17.1.1
    Total government revenue as a proportion of GDP, by source
    17.1.2
    Proportion of domestic budget funded by domestic taxes

    17.2

    Developed countries to implement fully their official development assistance commitments, including the commitment by many developed countries to achieve the target of 0.7 per cent of ODA/GNI to developing countries and 0.15 to 0.20 per cent of ODA/GNI to least developed countries; ODA providers are encouraged to consider setting a target to provide at least 0.20 per cent of ODA/GNI to least developed countries

    17.2.1
    Net official development assistance, total and to least developed countries, as a proportion of the Organization for Economic Cooperation and Development (OECD) Development Assistance Committee donors’ gross national income (GNI)

    17.3

    Mobilize additional financial resources for developing countries from multiple sources

    17.3.1

    Additional financial resources mobilized for developing countries from multiple sources 

    17.3.2
    Volume of remittances (in United States dollars) as a proportion of total GDP

    17.4

    Assist developing countries in attaining long-term debt sustainability through coordinated policies aimed at fostering debt financing, debt relief and debt restructuring, as appropriate, and address the external debt of highly indebted poor countries to reduce debt distress

    17.4.1
    Debt service as a proportion of exports of goods and services

    17.5

    Adopt and implement investment promotion regimes for least developed countries

    17.5.1

    Number of countries that adopt and implement investment promotion regimes for developing countries, including the least developed countries

    17.6

    Enhance North-South, South-South and triangular regional and international cooperation on and access to science, technology and innovation and enhance knowledge sharing on mutually agreed terms, including through improved coordination among existing mechanisms, in particular at the United Nations level, and through a global technology facilitation mechanism

    17.6.1

     Fixed broadband subscriptions per 100 inhabitants, by speed

    17.7

    Promote the development, transfer, dissemination and diffusion of environmentally sound technologies to developing countries on favourable terms, including on concessional and preferential terms, as mutually agreed

    17.7.1

    Total amount of funding for developing countries to promote the development, transfer, dissemination and diffusion of environmentally sound technologies

    17.8

    Fully operationalize the technology bank and science, technology and innovation capacity-building mechanism for least developed countries by 2017 and enhance the use of enabling technology, in particular information and communications technology

    17.8.1
    Proportion of individuals using the Internet

    17.9

    Enhance international support for implementing effective and targeted capacity-building in developing countries to support national plans to implement all the Sustainable Development Goals, including through North-South, South-South and triangular cooperation

    17.9.1

    Dollar value of financial and technical assistance (including through North-South, South‑South and triangular cooperation) committed to developing countries

    17.10

    Promote a universal, rules-based, open, non-discriminatory and equitable multilateral trading system under the World Trade Organization, including through the conclusion of negotiations under its Doha Development Agenda

    17.10.1
    Worldwide weighted tariff-average

    17.11

    Significantly increase the exports of developing countries, in particular with a view to doubling the least developed countries’ share of global exports by 2020

    17.11.1

    Developing countries’ and least developed countries’ share of global exports

    17.12

    Realize timely implementation of duty-free and quota-free market access on a lasting basis for all least developed countries, consistent with World Trade Organization decisions, including by ensuring that preferential rules of origin applicable to imports from least developed countries are transparent and simple, and contribute to facilitating market access

    17.12.1

    Weighted average tariffs faced by developing countries, least developed countries and small island developing States

    17.13

    Enhance global macroeconomic stability, including through policy coordination and policy coherence

    17.13.1
    Macroeconomic Dashboard

    17.14

    Enhance policy coherence for sustainable development

    17.14.1
    Number of countries with mechanisms in place to enhance policy coherence of sustainable development

    17.15

    Respect each country’s policy space and leadership to establish and implement policies for poverty eradication and sustainable development 

    17.15.1
    Extent of use of country-owned results frameworks and planning tools by providers of development cooperation

    17.16

    Enhance the Global Partnership for Sustainable Development, complemented by multi-stakeholder partnerships that mobilize and share knowledge, expertise, technology and financial resources, to support the achievement of the Sustainable Development Goals in all countries, in particular developing countries

    17.16.1

    Number of countries reporting progress in multi-stakeholder development effectiveness monitoring frameworks that support the achievement of the Sustainable Development Goals

    17.17

    Encourage and promote effective public, public-private and civil society partnerships, building on the experience and resourcing strategies of partnerships 

    17.17.1

    Amount in United States dollars committed to public-private partnerships for infrastructure

    17.18

    By 2020, enhance capacity-building support to developing countries, including for least developed countries and small island developing States, to increase significantly the availability of high-quality, timely and reliable data disaggregated by income, gender, age, race, ethnicity, migratory status, disability, geographic location and other characteristics relevant in national contexts

    17.18.1

    Statistical capacity indicators

    17.18.2
    Number of countries that have national statistical legislation that complies with the Fundamental Principles of Official Statistics
    17.18.3

    Number of countries with a national statistical plan that is fully funded and under implementation, by source of funding

    17.19

    By 2030, build on existing initiatives to develop measurements of progress on sustainable development that complement gross domestic product, and support statistical capacity-building in developing countries

    17.19.1
    Dollar value of all resources made available to strengthen statistical capacity in developing countries
    17.19.2

    Proportion of countries that (a) have conducted at least one population and housing census in the last 10 years; and (b) have achieved 100 per cent birth registration and 80 per cent death registration

    Name Description
    Establishment of POSCO Steel dome in Thailand
    POSCO Steel Village Project : Spread the SDGs model of Steel Village Project and submit the UN Written Statement
    Establishment of POSCO Steel villages in Indonesia
    Staff / Technical expertise
    POSCO External Relations Department, POSCO 1% Foundation, Korean Association for Supporting the SDGs for the UN Secretariat
    In-kind contribution
    Establishment of POSCO Steel Villages
    Title Progress Status Submitted
    Partnership Progress 2019-08-02 On track
    Partnership Progress 2018-06-14 On track
    False
    This initiative does not yet fulfil the SMART criteria.
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    Timeline
    01 June 2014 (start date)
    01 December 2022 (date of completion)
    Entity
    Korean Association for Supporting the SDGs for the UN
    SDGs
    Geographical coverage
    Global
    Countries
    Republic of Korea
    Republic of Korea
    Contact Information

    Jung Hoon Kim, Representative