Coway is striving to create a safe and robust work environment based on its safety and health management system. To proactively address potential risks, we have created an Occupational Safety and Health Committee in our factories, Research and development Center, and other workplaces with high risks of accidents. We also obtained the ISO45001 (safety and health management system) certification, which testifies to our efforts to consistently improve safety and health in the workplace. In 2023, we will continue to devote special attention to our employees’ safety and health, making their safety top priority in all business activities.

Coway's dedicated organization for safety and health is the Safety and Health Control Team, which operates under the CEO. The Safety & Health Control Team is in charge of establishing an occupational safety and health strategy, operating the Occupational Safety and Health Committee, and communicating with other safety and health departments at each site. The separate safety and health departments at each site implement tasks to respond to risks and opportunity areas related to the site, share the results, and report on plans for implementing tasks through the Industrial Safety & Health Committee four times a year.

Coway's chief decision maker for occupational safety and health is the CEO.

Some of the related issues deliberated and resolved by the final Occupational Safety and Health Committee are presented to the Board of Directors as a report agenda item in accordance with Article 14 of the Occupational Safety and Health Act and Article 170 of the Commercial Act and the decisions are approved by the Board of Directors once a year.

The Occupational Safety and Health Committee is operated by the Safety and Health Team to diagnose the implementation of the Occupational Safety and Health Committee at each department and to discuss the contents of Article 24 of the Occupational Safety and Health Act. The committee is composed of an equal number of employer members (4) and employee members (4) at each department, and manages safety and health issues rationally and proactively.

In 2022, we held four meetings of the Occupational Safety and Health Committee to discuss the following.

Coway has selected four key performance indicators to strengthen its responsibility for occupational safety and health in accordance with the Serious Accidents Punishment Act in 2022. Coway has established and implemented operational strategies and detailed achievement plans to achieve compliance.

Coway operates and manages an integrated safety and health system for its plants in Yugu, Incheon, and Pocheon in the Republic of Korea based on ISO45001 certification standards. In addition, Coway plans to introduce a safety and health system for the Environmental Technology Institute (Research and development Center) in 2023.

We also operate a Contractor Safety and Health Council with our suppliers to jointly inspect workplace safety conditions and secure occupational safety throughout the supply chain.

In 2022, we discussed COVID-19 response measures, forklift safety, and other issues of workplace safety and health, and subsequently implemented appropriate improvement measures to tackle deficiencies.

Coway conducts safety and health education for employees and special-category workers to raise safety awareness and prevent safety risks in advance. Safety and health training includes regular training for workers, training for managers and supervisors, and special training, and initial training for special types of workers. Coway plans to strengthen its in-house safety and health culture and reinforce the systematic risk response system through safety and health training.

Coway is strengthening its workplace safety management to provide all members, including employees and suppliers, with a safe working environment without the risk of accidents.

1. We plan to strictly comply with the Serious Accidents Punishment Act, which has been in effect since 2022, and achieve the goal of recording zero serious accidents in our business based on a systematic safety and health management system.
2. Coway strives to improve the working environment of service managers and special-type workers and reduce the accident rate. For processes that require protective equipment, we prevent accidents by providing safe protective equipment. We also perform due diligence to prevent work-related diseases such as musculoskeletal disorders by providing step ladders and other equipment necessary for work.
3. For safety and health risk management, we conduct risk assessments at our business sites every year and take steps to eliminate hazards and risks through these assessments.
4. We prioritize safety in the work environment and frequently check the status of safety and health facilities (systems) and equipment necessary to prevent major accidents.

Coway, aspires to be a “healthy company”: we care about employees’ physical and mental health and operate diverse programs to protect their health. All employees check their health status through a comprehensive health checkup every year and work in a safe and pleasant environment in which we comply with regulations on safety and health.

In response to the COVID-19 pandemic, we implemented company-wide countermeasures to control and prevent infections. We disclosed employees’ COVID status in real time whenever a COVID-19 outbreak was reported and encouraged all employees to voluntarily adhere to the COVID-19 prevention and control guidelines. We checked temperatures at the entry points in all factories and made hand hygiene and mask wearing compulsory. In addition, we sanitized the factories once per week.

We made self-test kits, face masks, and hand sanitizers accessible at all times, and implemented the social distancing policy to minimize close contact in public areas. In order to minimize infections caused by face-to-face contact, we had 30 percent of the workforce work from home to reduce. We adopted a vaccine leave policy (providing two-day paid breaks) for employees rest and reduce the risk of possible side effects of the COVID-19 vaccine.

Coway has recognized production facilities, Research and development centers, and IT development partners as vulnerable groups for safety and health.

1. We support our suppliers' safety and health management activities through joint safety and health inspections with the contractor safety and health council.
2. We conduct regular inspections of our suppliers' workplaces to discover and eliminate hazardous risks. We also receive opinions on safety and health from workers through the VOCs at our suppliers' sites and provide training contents and venues for them to complete appropriate safety and health training.

We also operate an alarm system in case of emergencies and jointly conduct emergency evacuation drills.

Coway manages risks by conducting annual safety and health assessments of key suppliers. Coway requires all of its suppliers to comply with the Supplier Code of Conduct. Key suppliers are required to conduct safety and health assessments to identify potential supply chain ESG risks and remedial actions are demanded from suppliers that do not meet certain standards..

Coway conducted an independent assessment of key suppliers for the 2022 Safety and Health Assessment (Safety Certification and Safety and Health Education) through a third-party expert organization (QESG).