Coway Receives A Grade in Integrated ESG Assessment by Korea Institute of Corporate Governance and Sustainability

Environment A, Social A+, Governance B+

Coway announced on November 19 that it has received an A grade in the integrated ESG assessment conducted by the Korea Institute of Corporate Governance and Sustainability (KCGS).

The Korea Institute of Corporate Governance and Sustainability is a leading domestic ESG evaluation agency that annually assesses approximately 1,000 listed companies, granting grades based on a comprehensive evaluation of their management systems and performance in the areas of environment, social responsibility, and governance.

This year marks the third consecutive year that Coway has achieved an integrated A grade, recognizing its systematic management capabilities across all ESG areas. Specifically, in the environmental sector, Coway received an A grade for tangible improvements in areas such as greenhouse gas emissions reduction, energy usage performance, and waste generation performance. In the social sector, the company was awarded an A+ grade for its strong performance in areas such as strengthening shared growth with partners and biodiversity conservation activities. In the governance sector, Coway received a B+ grade, reflecting positive evaluations for enhancing shareholder return policies and strengthening the independence and transparency of its governance structure.

Since establishing its ESG Committee in 2021, Coway has been advancing its ESG management strategies each year. The company has set three strategic directions: building a carbon-neutral management system, promoting sustainable growth, and operating transparent and sustainable governance. Based on these, Coway has identified key tasks and is implementing them company-wide.

A Coway representative stated, "Our ongoing efforts to advance ESG management strategies and communicate with stakeholders have led to this positive outcome," and added, "We will continue to take the lead in corporate social responsibility through more systematic and sincere ESG management activities."

This content was produced with the assistance of AI translation services.