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Coway Co Ltd
Coway's GHG Emissions Data Preview
In 2024, Coway completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
Coway has also provided a category-level breakdown for 9 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 2 | ||||
Unspecified Calculation Method | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
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aVerified Sources Behind Coway’s Greenhouse Gas (GHG) Emissions Data
Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Coway’s data sources below and access millions more through our Disclosure Search.
Insights into Coway's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions ofCoway amounted to17,811metric tons of CO2 equivalent.This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a
Compared to 2023, the total operational greenhouse gas (GHG) emissions of Cowaydecreased by 1.27%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
Coway's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Coway's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Coway were 11,395 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Has Coway reduced its Scope 1 emissions over time?
Since 2019, Coway's Scope 1 emissions have increased by 1,680.47%, reflecting a rising long-term trend in Scope 1 emissions over time.ab
Compared to the previous year(2023), Coway's Scope 1 emissions increased by 1.19%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
What are Coway's Scope 2 emissions?
In 2024, Coway reported Scope 2 greenhouse gas (GHG) emissions of 6,416 tCOâ‚‚e without specifying the calculation method.a
Has Coway reduced its Scope 2 emissions over time?
Since 2019, Coway's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method)have increased by 22.82%, reflecting a rising long-term trend in Scope 2 emissions over time.ab
Compared to the previous year(2023), Coway's Scope 2 emissions(Unspecified Calculation Method) have remained relatively stable, indicating that Coway's emissions have plateaued with no significant change in its energy consumption footprint.a
What methodology does Coway use for Scope 2 reporting?
In 2024, Coway reported its Scope 2 emissions using an unspecified methodology.a
Coway's Scope 2 Emissions Over Time
- Total Scope 2 (Unspecified Calculation Method)
Insights into Coway's Value Chain Emissions
In 2024, Coway reported 17,686 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of Coway includes a breakdown across 9of the 15 Scope 3 categories defined by the GHG Protocol,matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
Coway's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Coway's Scope 3 emissions?
In 2024, Coway reported total Scope 3 emissions of 17,686 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Approximately 93.61%of these emissions originated from upstream activities such as purchased goods and capital goods, while 6.39%came from downstream activities like product use, distribution, and end-of-life treatment.a
Compared to the previous year (2023), Coway's Scope 3 emissions remained relatively stable, indicating that Coway's emissions have plateaued with no significant change in its value chain footprint.a
What categories of Scope 3 emissions does Coway disclose?
In 2024, Coway reported emissions for 9 out of the 15 Scope 3 categories defined by the GHG Protocol.a
This partial disclosure allows for some insight into the company's indirect impacts.
What are the main sources of Coway's Scope 3 emissions?
In 2024, the largest contributors to Coway's Scope 3 emissions were:a
- Upstream Leased Assets (Cat. 8): 5,798 tCOâ‚‚e(32.79%)
- Purchased Goods and Services (Cat. 1): 5,638 tCOâ‚‚e(31.88%)
- Upstream Transportation and Distribution (Cat. 4): 3,541 tCOâ‚‚e(20.02%)
Coway's Scope 3 Emissions by Categories
Insights into Coway’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Coway reported Scope 1 greenhouse gas (GHG) emissions of 11,395 tCOâ‚‚e and total revenues of USD 2,937 millions. This translates into an emissions intensity of 3.88 tCOâ‚‚e per millions USD.a
Coway's Scope 1 Emissions Intensity Compared to Peers
How does Coway's GHG emissions intensity compare to its peers?
In 2024, Coway reported a Scope 1 emissions intensity of 3.88 tCOâ‚‚e per millions USD. Compared to the peer group median of 7.61, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
Where does Coway rank on GHG emissions intensity within its industry?
In 2024, Coway ranked 7 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a
Coway is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
Insights into Coway's Total Carbon Footprint
In 2024, Coway reported a total carbon footprint of 35,497 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 1.53% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to Coway's total carbon footprint was Scope 3 emissions, accounting for 49.82% of the company's total carbon footprint, followed by Scope 1 emissions at 32.1%.a