Development of Eco-Friendly Products
The biggest impact of Woongjin Coway products on the environment is energy consumption and water use in the process of customers using a product. Accordingly, Woongjin Coway is developing products to improve energy consumption efficiency and reduce water use by applying vacuum insulation materials and nano-trap filters in order to minimize environmental impact. In particular, we have launched a product with the technology for instant heating and semiconductor cooling and drastically enhanced energy efficiency.
Energy Efficiency Improving Products
-
Nano Direct Water Purifier
Improved cooling efficiency by approximately 34% compared to existing products
- Equipped with inverter compressor
- Applied the instant hot water system
-
CIROO Tankless Water Purifier
Improved energy efficiency by approximately 34% compared to existing products
- High-efficiency ice-storage cooling system
- Spiral flow hot water system
Environmental mark certification
Acquisition of Eco-Friendly Product Certification
Through carbon label and environmental mark certification system, we share the progress we made on environmental sustainability in our products.
Eco-friendly Product Certification Status¹(Unit: Case)
| Certifications |
2016 |
2017 |
2018 |
| Environmental Mark Certification |
17 |
31 |
25 |
| Water Footprint² |
- |
1 |
1 |
| Carbon Neutral Product Certification³ |
2 |
1 |
1 |
| Carbon Balloon⁴ |
2 |
2 |
2 |
- Total number of eco-friendly certified products in the year.(including mattresses)
- Water Footprint: quantifies the environmental impact based on the total amount of water used directly or indirectly for the entire process from acquisition of raw materials, production, distribution, use and disposal, and verified in accordance with ISO 14046 requirements
- Carbon Neutral Product Certification: certification given to products that have acquired CER(certified emissions reduction) equivalent to the greenhouse gas emitted throughout the entire production, distribution, use and disposal process or offsets the carbon emissions through greenhouse gas reduction activities
- Carbon Balloon: whereas Carbon Label calculates the environmental impact made throughout the entire process under Korean certification standards, Carbon Balloon is an international carbon certification that calculates the carbon emissions under more stringent ISO14044 & PAS 2050 standards.
Current Sales of Eco-Friendly Products(Unit: KRW billion)
| Category |
2016 |
2017 |
2018 |
| Sales of Eco-Friendly Products |
702.5 |
685.8 |
586.9 |
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Business Case
Woongjin Coway, Awarded the Energy Winner Grand Prize and Energy Technology Prize This Year
Woongjin Coway Nano Direct Water Purifier and CIROO Tankless Water Purifier awarded the grand prize and energy technology prize, respectively at the 21st Energy Winner. The Nano Direct Water Purifier is equipped with the inverter compressor and improves cooling efficiency by about 34% compared to products with an existing compressor. It also minimizes the rate of compressor operation by applying a new inverter compressor control algorithm. In addition, any unnecessary electricity consumption is reduced through the system heating water only when necessary.
Woongjin Coway CIROO Tankless Water Purifier enlarges the contact area where cooling and heating are conducted inside the purifier by utilizing high-efficiency ice-storage cooling system and spiral flow hot water system, enhancing energy efficiency.
