This report is the 18th Coway Sustainability Report. Since 2006, Coway has published a sustainability report every year. We gathered opinions of stakeholders in-depth about the company's risks and opportunities. We decided on the content through a materiality assessment process that considered social and environmental impacts. This report was prepared in compliance with the GRI Standards of the Global Reporting Initiatives (GRI).
The 2022 Coway Sustainability Report has been prepared focusing on important topics about sustainability. To make it easy for stakeholders to access the information they need, we revisited the overall structure of the navigation (table of contents) and site map and introduced a search function to check the necessary information quickly. The site is available in Korean and English. The site is optimized for both desktop PC and mobile, and it is implemented with Responsive Layout
This report was published on June 30, 2023, after a third-party assurance process.
Reporting Scope
This report is prepared focusing on the Seoul office, research center, and production headquarters, which correspond to domestic business sites. Environmental data is prepared centered on domestic business sites, and some social data (Employee, Safety and Health, Ethics, etc.) include global status. Financial data is based on consolidated performance.
Reporting Period
Sustainability management performance is reported from January 1, 2022, to December 31, 2022. Quantitative results are disclosed together with more than three-year results so that stakeholders can see the change. The first half of 2023 is also reported on some major issues or significant activities and achievements.
Reporting Standards
We have met the core options of the Global Reporting Initiative's (GRI) Sustainability Reporting Standards (GRI Standards). To reflect the sustainability context of our industry, we applied the U.S. Sustainability Accounting Standards Board's (SASB) sustainability accounting standards and utilized the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD) for climate change adaptation information.
Reporting Assurance
The financial information contained in this report was prepared through an independent audit firm's accounting audit. Non-financial information was verified by With Accounting Corp., an independent professional organization, and KMR, a management certification provider to increase the report's accuracy and reliability.
Address
Department
08393 15~20F, 38(G-Tower), Digital-ro 26-gil, Guro-gu, Seoul, Republic of Korea
IR Team
sustainability@coway.com