Coway was ed as the Carbon Management Sector Honors by the CDP (Carbon Disclosure Project) Korea for eight consecutive years in recognition of its excellence in response to climate change.
The CDP is an international non-profit organization located in the UK at the same time a global project related to major global companies' responses to environmental issues such as climate change, water, forest resources led by global leading financial institutions. Collected information is reported every year to be utilized as an investment guide for financial institutions in the world.
Domestic evaluation is conducted by requesting climate change related management information of top 200 companies in terms of market capitalization by the CDP Korea.
Coway was highly recognized for its pilot project for photovoltaic power generation, energy saving by installing LED lights in business sites, the development of eco-friendly technologies, which contributed to ing as the Carbon Management Sector Honors.
In particular, Coway has installed photovoltaic power facilities in Pocheon Plant in August 2013, Yugu Plant in September 2014, Incheon Plant in July 2015 in order to proactively respond to climate change. These facilities have contributed to effectively reducing greenhouse gas emissions. Moreover, Coway publishes the "Carbon Report" containing information on greenhouse gas emissions their reduction activities in order to share the information with investors consumers.
Gwang-sik Shin, the head of Environmental Quality Research Center, said, "Coway makes a concerted effort to minimize environmental impacts in all processes from product production to use. We will continue to exp environmental activities to fulfill our responsibility."
Meanwhile, on October 20, Coway entered the Dow Jones Sustainability Index World which evaluates companies in the aspects of environment, economy, society.