- Ranked in the top 20% among 600 evaluated companies
- The only Korean company selected in the DHP Household
Durables Industry category
SEOUL,
South Korea, Dec. 19,
2024 /PRNewswire/ -- Coway Co., Ltd., the "Best
Life Solution Company," announced that it is on the '2024 Dow Jones
Sustainability Asia Pacific Index ("DJSI Asia Pacific")' for the
12th consecutive
year.
The Dow Jones Sustainability Indices (DJSI), launched in 1999,
assess the environmental, social, and governance (ESG) performance
of global companies to guide investors toward sustainable
choices.
Coway has been on the DJSI Asia Pacific for 12 consecutive years
and on the Dow Jones Sustainability Korea Index for
7 years running. It is the only
Korean company featured in the DHP Household Durables industry
category on the DJSI Asia Pacific Index.
Coway received excellent evaluations for Environmental
Policy & Management, Climate Strategy, Water, and Information
Security/ Cybersecurity & System Availability.
These accomplishments highlight Coway's unwavering commitment to
ESG management, driven by its ESG Committee, established in 2021.
Under this committee's leadership, the company has implemented a
comprehensive ESG management framework anchored in three strategic
priorities: establishing a carbon-neutral management system,
promoting diversity and inclusion, and fostering transparent and
sustainable governance.
Coway extends its commitment to social responsibility through
meaningful initiatives. The company proudly supports Korea's first
private wheelchair basketball team, the BlueWheels Basketball Team,
and the Mulbit Sori Choir, showcasing the remarkable talents of
individuals with visual impairments. Environmental stewardship
efforts include the Classroom Forest Project, which donates
air-purifying plants to elementary schools, and the River
Plogging Campaign, encouraging customer participation in
everyday environmental protection activities.
An official from Coway said: "We are honored to be recognized
once again through our inclusion in the esteemed DJSI Asia-Pacific
and DJSI Korea. As the Best Life Solution Company, we remain
dedicated to fostering trust and mutual growth with our customers,
local communities, and partners."
Beyond its DSJI recognitions, Coway's sustainability endeavors
have garnered notable acclaim, securing an "AA" from the MSCI ESG
Rating 2024 and an 'A' ESG Rating from the Korea Corporate
Governance Service (KCGS) in 2024.
About Coway Co., Ltd.
Established in Korea in
1989, Coway, the "Best Life Solution Company," is a leading
environmental home appliances company making people's lives healthy
and comfortable with innovative home appliances such as water
purifiers, air purifiers, bidets, and mattresses. The company's
most recent venture, the BEREX brand, aims to improve sleep and
wellness through cutting-edge mattresses and massage chairs. Since
being founded, Coway has become a leader in the environmental home
appliances industry, with intensive research, engineering,
development, and customer service. The company has proven
dedication to innovation with award-winning products, home health
expertise, unrivaled market share, customer satisfaction, and brand
recognition. Coway continues to innovate by diversifying product
lines and accelerating overseas business in Malaysia, the USA, Thailand, China, Indonesia, Vietnam, Japan, and Europe, based on the business success in
Korea. For more information, please visit
http://www.coway.com/ or http://newsroom.coway.com.
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SOURCE Coway Co., Ltd.
