Coway Co Ltd

Common Name
Coway
Country
South Korea
Sector
Consumer Cyclical
Industry
Furnishings, Fixtures & Appliances
Employees
6,021
Ticker
021240
Exchange
KOREA EXCHANGE
Description
Coway Co., Ltd., a leading global manufacturer, specializes in producing and distributing home wellness appliances. The company's primary function is to enhance consumer well-being through innovative ...

Coway's Climate Target Data Preview

As of 2023, Coway has disclosed 2 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 2 absolute reduction targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Coway ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2040

This table provides a simplified preview of selected climate targets data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Coway's Greenhouse Gas Emissions Pathways

As of 2023, Coway has set greenhouse gas (GHG) emissions reduction targets that cover its operational emissions (Scope 1 and 2), but not its value chain emissions (Scope 3). This means its reduction efforts currently focus on direct and purchased energy emissions.

Does Coway have a target to reduce the emissions from its operations?

As of 2023, Coway has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.

Coway's most ambitious operational target is to reduce these emissions by 75% by 2040, compared to a baseline of 5,735 Metric Tonnes of CO2 equivalent (mtCO2e) in 2020.

Instead of reducing operational emissions, Coway has increased them, with 2023 levels exceeding those of the 2020 baseline, placing the company well behind its reduction target.

Coway's Operational (Scope 1+2) Emissions Pathway

202020232030204002 k4 k6 k8 kBaselineCurrent (+37%)Target 2030 (-50%)Target 2040 (-75%)
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