Joined the UNGC(United Nations Global Compact)
We joined the UN Global Compact(UNGC) in June 2006 to abide by the 10 principles in the areas of human rights, labour, environment and anti-corruption and to fulfill our role as a corporate citizen - a citizen who not only pursues its own growth, but also does its part in meeting and going beyond its social responsibility. This online sustainability report represents our commitment to becoming what we aspire to be.
Supports the UN Framework Convention on Climate Change at the COP21
Climate change is one of the major challenges of our time. Coway wants to be a positive player in climate change, ensuring climate is kept on safe levels around the world for communities and environment. This demands important investments and collaborations. Coway is the only Korean company which declared its support for the ‘UN Framework Convention on Climate Change’ agreed by 195 countries at the COP21 held in Paris in December 2015. We've been participating in the corporate voluntary carbon reduction plan scheme.
Selected as the Carbon Management Sector Honors
Coway was selected as the Carbon Management Sector Honors by the CDP (Carbon Disclosure Project) Korea for nine consecutive years in recognition of its excellence in response to climate change.
Listed as the Dow Jones Sustainability Indices(DJSI) World
Coway has been consistently named in DJSI Asia-Pacific since 2013 and has been added to the DJSI World index in 2017. In particular, Coway was highly acclaimed for responsible activities such as environmental policies and systems, occupational safety & health activities, and community contributions.
Sustainable Development Goals (SDGs) Implementation Declaration
Following the adoption of the United Nations Sustainable Development Goals (SDGs) that are replacing the Millennium Development Goals (MDGs), we will endeavor to develop and implement solutions to attain the SDGs*, exploring new opportunities for sustainable growth.
*SDGs (Sustainable Development Goals) are a U.N. global initiative to be implemented from 2016 to 2030. It consists of 17 goals, pertaining to climate change, economic growth, and gender equality, and 169 targets.
Goal 3
Ensure good health and well-being for all at all ages
Coway’s business itself cares for healthier lives of consumers
Conduct “Water Comma Campaign” to help form water-drinking habits
Improve water-drinking and sleeping habits using big data
Conduct “Good Water Purifier Campaign” to provide the disadvantaged with clean water
Goal 5
Achieve gender equality and empower all women
Implement gender equality policy
Development of female workers' competencies, strengthening female leadership
Implement maternity protection activities for female employees
Goal 6
Ensure clean water and sanitation for all
Support for Enhanced Water Welfare in Community
Spreading the Value of Water to the Global Community through Clean Water (Providing Rainwater Supply Devices in Malaysia, Well Digging in Cambodia)
Goal 12
Ensure sustainable consumption and production patterns
Launch products with high energy efficiency
Conduct regular risk assessment on suppliers
Promote refurbished products and apply eco-design, etc.
Obtain environmental certifications
Goal 13
Take urgent action to combat climate change and its effects
Promote Smart Factory
Operate carbon partnership with suppliers (Establish energy management system)
Establish and implement climate change response strategy and goals
Goal 16
Promote peaceful and inclusive societies, provide access to justice for all, and build inclusive institutions
Establish supplier norms of behavior—Respond to conflict minerals
Establish global human rights and CSR guidelines
