Multiple standing committees of the Korean National Assembly—including the Environment & Labor Committee¹ and the Political Affairs Committee²—have repeatedly identified heightened occupational-safety concerns at Coupang during 2023–2024 audits and hearings. A public petition exceeding 50,000 signatures³ prompted a special “Coupang Hearing,”⁴ reflecting sustained regulatory and societal concern. Official testimony presented during these proceedings reported nineteen worker deaths across Coupang-related entities over five years, with over sixty percent occurring during night shifts and an average industrial-injury rate of 2.12 percent between 2020 and 2023—exceeding the Korean all-industry average.⁵ Third-party benchmarking shows Coupang’s injury rate significantly surpassing relevant industry averages,⁶ while reports that workers hesitate to file accident claims due to contract-renewal concerns raise questions regarding internal reporting reliability. Although Coupang publicly emphasizes worker safety as its “top priority,” persistent reports of ergonomic and operational hazards⁸ and allegations that delivery partners face contract-termination pressure when metrics fall short⁹ raise concerns about alignment between public commitments and practices. In November 2025, a delivery worker reportedly died after eight consecutive night shifts despite Coupang’s stated seven-day limit,¹⁰ underscoring gaps between policies and conditions. Korean laws—including the Occupational Safety and Health Act and the Serious Accidents Punishment Act—establish obligations concerning hazard identification, fatigue management, and management accountability.¹¹ Persistent discrepancies indicate that independent evaluation would improve oversight and enhance long-term shareholder value. Furthermore, Coupang suffered a massive data breach compromising personal information of approximately 33–34 million individuals, leading to the resignation of its CEO¹² and subsequent police raids and government investigations.¹³ The breach was described as a governance failure of national scale, affecting more than half of South Korea’s population.¹⁴ The incident resulted in material business impacts, including a decline of more than 1.8 million daily active users within four days¹⁵ and customer migration to competing platforms,¹⁶ indicating significant market consequences. Collectively, these developments indicate systemic weaknesses in Coupang’s human-capital management, worker-safety governance, cybersecurity preparedness, and overall Board-level risk oversight, underscoring the need for independent evaluation and enhanced transparency to protect long-term shareholder value.