05.24.24
The Kao Corporation has released a progress report on its ESG (Environmental, Social, and Governance) strategy—the Kirei Lifestyle Plan in the Kao Sustainability Report 2024.
The company continued its activities relating to respect for human rights, which is the foundation of all corporate activity, including formulating its Diversity, Equity, and Inclusion (DE&I) Policy.
Regarding palm oil, one of the main raw materials used by Kao, the company aims to establish traceability throughout the supply chain, down to oil palm plantations, to ensure sustainable procurement. The progress report also includes quantitative data on the results of Kao’s ESG activities, contributions to its financial results, and envisioned future growth.
Kao’s ESG Division, Dave Muenz said,
“In 2023, we accelerated our initiatives looking towards our mid-term plan K27 with the visions of 'sustainability as the only path' and 'protecting future lives'. In the Kao Sustainability Report 2024, we share our progress in the three commitments of the Kirei Lifestyle Plan looking towards the year 2030, as well as new efforts to promote the Kirei Lifestyle. This includes the publication of the Action Policy on Biodiversity and disclosure based on the TNFD framework, driving forward in human rights and DE&I, and efforts towards further transparency.”
See here for the full report.
Kao Aims to Achieve Net Zero Plastic Packaging by 2040 and Negative Waste by 2050
The company continued its activities relating to respect for human rights, which is the foundation of all corporate activity, including formulating its Diversity, Equity, and Inclusion (DE&I) Policy.
Regarding palm oil, one of the main raw materials used by Kao, the company aims to establish traceability throughout the supply chain, down to oil palm plantations, to ensure sustainable procurement. The progress report also includes quantitative data on the results of Kao’s ESG activities, contributions to its financial results, and envisioned future growth.
Kao’s ESG Division, Dave Muenz said,
“In 2023, we accelerated our initiatives looking towards our mid-term plan K27 with the visions of 'sustainability as the only path' and 'protecting future lives'. In the Kao Sustainability Report 2024, we share our progress in the three commitments of the Kirei Lifestyle Plan looking towards the year 2030, as well as new efforts to promote the Kirei Lifestyle. This includes the publication of the Action Policy on Biodiversity and disclosure based on the TNFD framework, driving forward in human rights and DE&I, and efforts towards further transparency.”
Biodiversity
Kao has looked at the expected financial impact of biodiversity risks identified the previous year. Following the final recommendations for the TNFD framework announced in September 2023, Kao has registered as an adopter. This is in response to TNFD’s solicitation of “TNFD Adopters,” businesses, willing to engage in information disclosure in accordance with the TNFD Recommendations. Kao will continue taking specific actions to propose nature-positive biodiversity strategies and set target objectives.Human Rights and DE&I
Kao accelerated DE&I, creating a new DE&I Policy in June 2023. The company worked to employ numerous opportunities via Kao’s broad range of businesses to create a more inclusive society for employees, business partners, and all people.See here for the full report.
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