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 Waste Data Preview

In 2023, Coway conducted an environmental assessment and disclosed corporate waste management data in accordance with recognized sustainability reporting standards. The company provided a breakdown of its waste by type (hazardous vs non-hazardous) and treatment method (recovery vs disposal), enabling greater transparency into its waste handling and environmental practices.

Metric (tonnes)2024202320222021 - 2017
Total Waste Generated
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Total Waste Recovered
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Total Hazardous Waste Generated
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Non-Hazardous Waste Disposed
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This table provides a simplified preview of selected waste data points. To access the complete dataset with full disclosures and structure, create a free account to purchase the full dataset.

Insights into Coway's Waste Treatment Practices

In 2023, Coway generated a total of 25,676 metric tonnes of waste.

Of this amount, 69.93% of Coway's total waste generated was recovered through methods such as recycling, reuse, or composting, while 30.07% was disposed of through landfilling, incineration, or combustion.

Coway's Waste Recovery Rate

70%

How much of Coway's waste is recycled or recovered?

In 2023, Coway reported a total waste generation of 25,676 metric tonnes, of which 69.93% was recovered through recycling, reuse, or composting. This moderate level of recovery indicates that Coway is taking steps toward improving its waste diversion practices, though there is still room to enhance recycling and recovery efforts.

Has Coway reduced its environmental waste footprint over time?

Since 2020, Coway's total waste generation increased by 9.49%, including a 1.83% increase in 2023, indicating a persistent upward trend that may reflect scaling operations, inefficiencies in resource use, or a lack of effective waste minimization practices.

Over the same period, Coway's waste recovery rate remained stable both in the long term and in 2023, suggesting limited progress, or consistent recovery performance, without major shifts in strategy.

Overall, Coway's waste generation is rising, yet its recovery rates have remained stagnant. This suggests that the company’s operational growth is not being matched by parallel improvements in its waste treatment practices, potentially increasing its environmental footprint.

Coway’s Waste Recovery vs. Disposal Over Time

202020212022202306.5 k13 k19.5 k26 ktonnes
  • Total Waste Disposed
  • Total Waste Recovered

Insights into Coway’s Generation of Hazardous and Non-Hazardous Waste

In 2023, Coway generated a total of 25,676 metric tonnes of waste.

Of this amount, 0.13% of Coway's total waste generated of was classified as hazardous waste, characterized by properties such as toxicity, flammability, corrosiveness, or reactivity that may pose risks to human health, ecosystems, or the environment. 99.87% was identified as non-hazardous waste, generally considered less harmful and subject to lighter regulatory controls.

Coway’s Hazardous vs Non-Hazardous Waste Over Time

202020212022202306.5 k13 k19.5 k26 ktonnes
  • Total Non-Hazardous Waste Generated
  • Total Hazardous Waste Generated

How Coway reduced the environmental impact of its waste?

Since 2020, Coway's total waste generation increased by 9.49%, including a 1.83% rise in 2023, reflecting a persistent upward trend that could be linked to operational growth, inefficient material use, or limited investment in waste prevention systems.

Since 2023, Coway's hazardous waste generation has increased by 4.69%, indicating a potential rise in the use of harmful materials, process inefficiencies, or limited hazardous waste reduction strategies..

Overall, Coway's waste and hazardousness trends are mixed or inconclusive. A more detailed review of its materials, industry standards, and operational changes would help clarify the net environmental impact of its waste strategy.

How does Coway treat its hazardous waste?

In 2023, Coway reported that 33 metric tonnes of its total waste output were classified as hazardous. This represents 0.13% of its overall waste generation.

The company treated this hazardous waste using a combination of methods. A majority (100%) was diverted from disposal through recovery-oriented treatments such as recycling or reuse. This suggests that Coway has established processes to reduce the environmental burden of its most harmful waste streams.

Breakdown of Coway's Hazardous and Non-Hazardous Waste by Treatment Method

Non-Hazardous WasteDisposed(30.1%)Non-Hazardous WasteRecovered(69.8%)
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