In its 18th sustainability report, Coway Co., Ltd. provided a summary of its development and successes with relation to its Environmental, Social, and Governance (ESG) objectives.
The company's efforts to create an eco-friendly management system, support diversity and human rights, and promote sustainable governance were highlighted in this year's report. Along with evaluating the supply chain's compliance with Coway's own ESG initiatives, Coway also launched a twofold materiality evaluation to examine the impact of sustainability issues on business as well as the impact that business activities have on society and the environment.
Coway expanded its use of solar energy in 2022 by building a second facility, giving water and air purifiers to underserved areas, and strengthening gender diversity on its board by appointing a new female independent director.