Coway Wins Second Consecutive Spot in S&P Sustainability Yearbook, Extends DJ BIC Index Run to 13 Years

Key facts

• Coway selected for 2026 S&P Sustainability Yearbook for second consecutive year.
• Company included in Dow Jones Best-in-Class Asia Pacific Index for 13th straight year.
• Coway placed in top 15% of household durables industry among 9,200 firms assessed.
• DJ BIC Asia Pacific Index inclusion puts Coway in top 20% of about 600 regional companies.
• ESG scores improved in energy management, waste management, biodiversity, occupational health, and data protection.
• Coway established an ESG committee in 2021 and built strategy around carbon neutrality, sustainable growth, and transparent governance.
• Key initiatives include closed-loop resource circulation, partner support programs, and strengthened shareholder return policies.
• CEO Seo Jang-won spoke at the annual general meeting at the Gongju plant on March 31.

Sustainability Recognition for Second Year

Coway has been selected for the 2026 S&P Sustainability Yearbook and included in the Dow Jones Best-in-Class (DJ BIC) Asia Pacific Index, the company announced Monday. The dual recognition underscores the South Korean home appliance maker’s improving environmental, social and governance (ESG) performance. The Sustainability Yearbook, published annually by S&P Global, evaluates companies worldwide through its Corporate Sustainability Assessment, which measures financial performance alongside ESG practices. More than 9,200 companies across 59 industries were assessed this year, with only 848 selected for inclusion. Coway was recognized for the second consecutive year, ranking in the top 15 percent of the household durables industry. The company’s scores improved in areas such as energy and waste management, biodiversity conservation, occupational health and safety, and data protection.

Thirteen-Year Streak on DJ BIC Asia Pacific Index

Coway was also included in the DJ BIC Asia Pacific Index for the 13th straight year, placing it among the top 20 percent of about 600 companies in the region. The index tracks best-in-class companies in the Asia-Pacific region based on ESG criteria. The company’s sustained presence on the index reflects consistent progress in its sustainability efforts. A company official said Coway will continue to enhance its global competitiveness by strengthening ESG management and pursuing sustainable growth.

ESG Strategy Built on Three Pillars

Since establishing an ESG committee in 2021, Coway has expanded its sustainability strategy around three pillars: carbon-neutral management, sustainable growth and transparent governance. The committee oversees the company’s environmental and social initiatives and reports to the board. Key initiatives include a closed-loop resource circulation system designed to support a circular economy, partner support programs to promote shared growth, and strengthened shareholder return policies aimed at improving governance transparency. These programs are part of Coway’s broader effort to integrate sustainability into its business model.

CEO Seo Jang-won Highlights Progress at Shareholder Meeting

Coway CEO Seo Jang-won spoke during the company’s annual general meeting of shareholders at its plant in Gongju, South Chungcheong Province, on March 31. The meeting provided a platform to discuss the company’s financial performance and sustainability roadmap. Coway has been expanding its subscription-based business model for lifestyle wellness products, including water purifiers and air purifiers. The company’s revenue for 2025 reached 3.767 billion baht in Thailand, up 38.8 percent, benefiting from the growing wellness economy in the region.

Thailand Market Drives Growth Amid Wellness Trend

In Thailand, revenue of 3.7 billion baht in 2025, a 38 percent increase, driven by the expansion of the wellness economy. The company has positioned itself as a leader in subscription-based lifestyle wellness products, with a strong presence in the water purifier and air purifier segments. Recent product launches include the Coway Square Fit air purifier, which can be placed as close as 10 centimeters to a wall and features a real-time PM2.5 sensor and a four-layer filtration system. The company also addressed a controversy over its water purifiers by releasing test results from Chulalongkorn University confirming that its reverse osmosis water is clean and free of bacteria.

Outlook: Strengthening Global Competitiveness Through ESG

Coway’s inclusion in the S&P Sustainability Yearbook and the DJ BIC Asia Pacific Index positions it favorably among global investors who prioritize ESG performance. The company’s improved scores across multiple environmental and social metrics signal a commitment to long-term sustainability. With a 36-year track record of profitability and a subscription model that has never incurred a loss, Coway is well-placed to continue its growth trajectory. The company’s focus on carbon neutrality, sustainable growth, and transparent governance will be critical as it seeks to maintain its competitive edge in the global home appliance market.

The bottom line

• Coway’s second consecutive inclusion in the S&P Sustainability Yearbook places it in the top 15% of the household durables industry.
• The company’s 13-year streak on the DJ BIC Asia Pacific Index reflects sustained ESG improvement.
• Coway’s ESG strategy centers on carbon-neutral management, sustainable growth, and transparent governance, supported by initiatives like closed-loop recycling and partner programs.
• In Thailand, Coway’s revenue grew 38% in 2025 to 3.7 billion baht, driven by the wellness economy and new product launches.
• The company’s subscription model has remained profitable for 36 consecutive years, underpinning its financial stability.