About this Report

This is Coway's 19th Sustainability Report, published in June 2024. Coway has been publishing its Sustainability Report online every year since 2006 to disclose its sustainability efforts and achievements. Through this report, we aim to assess the impact of our business on society and the environment and to transparently disclose our strategies and activities to address ESG-related issues. We strive to become a company that grows by using this report as a communication channel with our stakeholders.

Reporting Standards

This report meets the key requirements of the Global Reporting Initiative (GRI) Standards 2021 and incorporates the Sustainability Accounting Standards Board (SASB) Disclosure Standards and the Task Force on Climate-related Financial Disclosures (TCFD) recommendations.

Reporting Period

This report covers Coway's sustainability activities from January through December 2023 and, for some key issues and achievements, up until the first half of 2024. For quantitative performance results, we disclose data for the four-year period from 2020 to 2023 (excluding data that is difficult to verify) to enhance comparability. We have clarified changes in the scope and basis of our calculations, as well as corrections to existing data, in the footnotes.

Reporting Scope

This report was prepared based on Coway as a standalone entity, with the main financial information following K-IFRS consolidated standards.

Report Assurance

To ensure the accuracy, objectivity, and reliability of the report's preparation process and all information presented, the report has undergone third-party verification by an independent assurance organization (BSI). The detailed assurance statement is provided in the Appendix.

For inquiries about this report

  • Address: 15th to 20th floor, G-Tower, 38 Digital-ro 26-gil, Guro-gu, Seoul, 08393
  • Person in charge: IR/ESG Team, Business Management Division
  • Email: sustainability@coway.com