Coway
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.
DitchCarbon Score
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.
Industry Average
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.
Industry Benchmark
Coway's score of 59 is higher than 78% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Coway's reported carbon emissions
In 2023, Coway reported total greenhouse gas emissions of approximately 38,000,000 kg CO2e, comprising 11,260,947 kg CO2e from Scope 1, 6,779,857 kg CO2e from Scope 2, and 15,575,805 kg CO2e from Scope 3 emissions. This represents a significant increase in emissions compared to 2022, where total emissions were about 6,900,000 kg CO2e, with Scope 1 at 831,000 kg CO2e, Scope 2 at 5,995,000 kg CO2e, and Scope 3 at 59,000 kg CO2e. Coway has set ambitious climate commitments, aiming to achieve a 50% reduction in greenhouse gas emissions by 2030 compared to 2020 levels, followed by a 75% reduction by 2040, and ultimately reaching net-zero emissions by 2050. These targets apply across all scopes of emissions. The company is also investing in renewable energy and enhancing energy efficiency in its factories to support these goals. The emissions data is sourced directly from Coway Co., Ltd., with no cascading from a parent or related organization. Coway's commitment to sustainability is reflected in its comprehensive approach to reducing its carbon footprint and addressing climate change.
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| 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 | 00,000,000 |
| 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 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
