on Coway Co., Ltd.
Coway Releases 21st Sustainability Report for FY2025
Coway Co., Ltd., a leader in environmental home appliances, has unveiled its 2025 Sustainability Report. The report offers insights into Coway's Environmental, Social and Governance (ESG) advancements, highlighting their efforts to boost long-term stakeholder value while meeting social responsibilities.
Coway's CEO, Jangwon Seo, noted the company's record-high revenue amid economic uncertainties. The company integrates economic performance with ESG values through innovation and R&D investments. Aiming for "Net Zero by 2050," Coway increased its solar power capacity by 29% and exceeded recycled plastic targets by 27%.
Customer feedback informs product development, leading to innovations like the Smart Moving Faucet. Enhanced data security ensures customer trust. Governance improvements include board independence and a shareholder return rate target increase from 20% to 40%, earning them recognition from the Korea Exchange.
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