Woongjin Coway
Climate Impact & Sustainability Data (2018)
Reporting Period: 2018
Environmental Metrics
Total Carbon Emissions:5,572 tCO2e/year (Scope 1+2)
Scope 1 Emissions:402 tCO2e/year
Scope 2 Emissions:5,170 tCO2e/year
Scope 3 Emissions:5,420 tCO2e/year (Domestic logistics and transport, commuting vehicles)
Total Energy Consumption:113,386 GJ/year
Water Consumption:71,347 tons/year
Waste Generated:23,540 tons/year
Carbon Intensity:0.233 tCO2e/KRW 100 million (Scope 1+2)
ESG Focus Areas
- Product Innovation
- Product Safety
- Environmental Sustainability
- Social Responsibility
- Governance
Environmental Achievements
- Developed CIROO Tankless Water Purifier with improved hygiene and energy efficiency.
- Launched eco-friendly products, reducing packaging and using eco-friendly materials.
- Achieved a 99.3% waste recycling rate.
- Reduced energy consumption (electricity: 141.32toe/year, GHG: 242.83ton CO2eq).
Social Achievements
- Launched CODY Service Kit and Cody-On Service to improve customer experience.
- Received 1st place in the Water Purifier and Air Purifier Sector of NCSI.
- Implemented grievance counseling program with 100% handling rate.
- Conducted ethics management training with 89% participation rate.
- Maintained zero industrial accidents.
Governance Achievements
- Established and implemented a principle of quality management to ensure product safety.
- Acquired CCC·CQC qualifications for product safety certification in China.
- Implemented Company Integrated Certification System (CICS) for efficient certification management.
- Re-established Chemical Substances Management System (CSMS) for enhanced chemical process control.
Climate Goals & Targets
Short-term Goals:
- All air purifiers to be PVC FREE & BFR FREE by 2020.
Environmental Challenges
- Deterioration of environmental pollution (fine dust, new pollutants).
- Changes in consumer living patterns.
- Emerging issues regarding hazardous household chemical products and home appliances.
Mitigation Strategies
- Continued innovation in products and services by combining technology with core competencies.
- Developed products addressing social issues like microplastics and fine dust.
- Prioritized safety and environment in the value chain from R&D to waste disposal.
- Strengthened inspection system for safety and reliability.
Supply Chain Management
Responsible Procurement
- Supplier training for development
- Inclusion of environmental safety compliance items in contracts
- Regular visits to suppliers and improvements
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: GRI Standards Guidelines, IIRC’s Integrated Reporting Framework
Certifications: ISO 14001, ISO 9001, QC08000 HSPM, OHSAS 18001
Third-party Assurance: Korea Management Registration (KMR) for non-financial information; independent audit corporation for financial information
Sustainable Products & Innovation
- CIROO Tankless Water Purifier
- Nano Direct Water Purifier
- Eco-friendly products with reduced packaging
Awards & Recognition
- CES Innovation Award (4 consecutive years)
- Energy Winner Grand Prize and Energy Technology Prize
- Listed in DJSI World index (3 consecutive years)