Coway Co., Ltd. has earned “AA” within the 2022 MSCI ESG Scores. MSCI, a corporation that gives vital choice help instruments and providers, makes use of a rules-based methodology to find out corporations’ exposures to surroundings, social and governance (ESG) dangers and alternatives.
MSCI’s score system ranges from AAA (chief) to CCC (laggard). The score of AA resides within the “chief” rating of the MSCI scale and affirms Coway’s dedication to ESG initiatives, together with its purpose to turn out to be internet zero by 2050 and cut back greenhouse gases (GHG) by 50% by 2030.
By means of intentional environmental safety and sustainability efforts, Coway efficiently decreased 104.4 tons of GHG emissions by producing renewable photo voltaic power, at present recycles 99% of the waste generated from its merchandise, providers and enterprise websites, and established an ESG Committee below the Board of Administrators for strategic ESG administration.
“We’re pursuing ESG administration at a company-wide stage to satisfy monetary efficiency in addition to environmental and social duty,” a consultant of the corporate acknowledged. “We’ll proceed to enhance our ESG administration techniques for our sustainable future.”
