Coway

Coway Co., Ltd. has been named a CES 2023 Innovation Awards honoree by the Consumer Technology Association (CTA). This annual competition recognizes groundbreaking technology from around the world and reviews products for their innovation, engineering, functionality, aesthetics and design.

Coway Co. announced the launch of BEREX, its new sleep and wellness line. Combining the words “bed” and “relax,” the new brand name expresses the company’s belief that sleep and rest are basic human necessities as important as water and breathing.

Coway Co. will begin construction of a solar power plant in Paju, Gyeonggi Province, South Korea on the roof of iOBED, the company’s subsidiary, in early 2023. This new plant is estimated to provide an annual capacity of 800 KWh and will play an important role in Coway’s ESG initiatives, which seek to minimize the negative environmental impacts of the company’s operations and reinforce its sustainability efforts.

Coway Co., Ltd. was recognized at the Good Design Awards, hosted by the Japan Institute of Design Promotion (JDP) for three of its home appliance products, including the Icon Ice Water Purifier (CHPI-7400N), NOBLE Humidifier (AM-1421G), and the air purifier Airmega ProX (AP-3522E/F).

Coway Ltd. has earned AA in the 2022 MSCI ESG ratings. MSCI, an organization that provides critical decision support tools and services, uses a rules-based methodology to determine companies’ exposures to environment, social and governance (ESG) risks and opportunities.

Business Coway has been included in the 2021 Dow Jones Sustainability World Index (DJSI) for the sixth consecutive year. The DJSI assesses governance, economic, environmental and social performance and features companies across 61 industries.

Coway’s Noble air purifier line achieved a “grand slam,” winning top honors at three international design ceremonies. Previously this year, Coway was recognized at the iF Design Award 2021, Red Dot Award: Product Design 2021 and IDEA Awards.

MLM system awarded again. Coway was recognized for its product design excellence for the 15th consecutive year by the Red Dot Design Award and for the 13thconsecutive year by the iF Design Award.

South Korean direct selling & network marketing company Coway, which specializes in home appliance rentals, was honored by the Business Integrity Society at its BIS Summit 2021 Anti-Corruption Awards. The award ceremony was held by the UN Global Compact and the Korea Social Responsible Investment Forum at the Four Seasons hotel in Seoul.