Coway Co., Ltd., commonly known as Coway, is a leading South Korean company headquartered in Japan. Established in 1989, Coway has made significant strides in the home appliance industry, particularly in water and air purification systems. The company operates extensively across Asia, North America, and Europe, solidifying its presence in the global market. Renowned for its innovative products, Coway offers a range of unique solutions, including advanced water purifiers, air purifiers, and bidets, all designed with cutting-edge technology and eco-friendly features. The brand's commitment to sustainability and health has earned it numerous accolades, positioning Coway as a trusted name in the industry. With a focus on enhancing quality of life, Coway continues to lead the way in providing clean and safe living environments for consumers worldwide.
How does Coway's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Business Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Coway's score of 59 is higher than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Coway reported total greenhouse gas emissions of approximately 26,000,000 kg CO2e, comprising 1,070,000 kg CO2e from Scope 1, 6,780,000 kg CO2e from Scope 2, and 17,717,000 kg CO2e from Scope 3 emissions. The combined emissions from Scope 1 and 2 totalled about 7,850,000 kg CO2e. Coway has set ambitious climate commitments, aiming to reduce greenhouse gas emissions by 50% compared to 2020 levels by 2030, followed by a 75% reduction by 2040, and achieving carbon neutrality by 2050. These targets encompass all scopes of emissions, with specific goals for Scope 1 and Scope 2 emissions reductions. The company is also investing in renewable energy and enhancing energy efficiency across its factories to support these initiatives. Overall, Coway's commitment to sustainability reflects a proactive approach to addressing climate change and reducing its carbon footprint in the coming decades.
Access structured emissions data, company-specific emission factors, and source documents
2010 | 2011 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Scope 1 | - | - | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 0,000,000 |
Scope 2 | - | - | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 3 | - | - | 0,000,000 | 0,000,000 | 0,000,000 | - | - | - | 00,000 | 00,000 | 00,000 | 00,000,000 |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Coway is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.