At Coway, we manufacture and sell refurbished products, and recycles plastics from waste to save resources and minimize environmental impact. We collect waste products free of charge from our customers and recycle the materials or refurbish them for reproduction and sale through our recycling center.
| 2015 | 2016 | 2017 | |
|---|---|---|---|
| Refurbished Products Sold (Unit: Item) | 21,527 | 21,112 | 17,348 |
As our products are subject to the Act on the Resource Circulation of Electrical and Electronic Equipment and Vehicles as of 2014, we established a waste collection and recycling system to ensure compliance with applicable laws and regulations (including voluntary agreements on collection and recycling of plastic waste). In particular, our Codys collect and recycle waste filters so that we can manage not only products but also service wastes. In addition, we collect and recycle all our product wastes as part of our voluntary recycling program.
| 2015 | 2016 | 2017 | |
|---|---|---|---|
| Recycled Plastic Materials (ton) | 6,353 | 6,902 | 6,515 |
| Recycling Rate (%) | 69 | 69 | 71.4 |
Business Case
At Coway, we identify greenhouse gas produced throughout our purchase, production, distribution, use and disposal process and apply it to our product design through LCA (Life-Cycle Assessment).
