Kao Corporation has been awarded the Gold Award in the Environmentally Sustainable Corporations section of the ESG Finance Awards (Minister of the Environment's Awards) organized by Japan's Ministry of the Environment.
The ESG Finance Awards is a new program established by the Ministry of the Environment in order to promote the dissemination and growth of ESG finance. The aim of the Awards is to evaluate, commend, and share with society the initiatives adopted by investors, financial institutions, etc. that have had a major positive impact on the environment and society. This could be achieved through proactive measures relating to ESG finance or Green Projects, or by business enterprises incorporating major environment-related opportunities or risks into their business strategies with the goal of enhancing corporate value, thereby affecting both corporate value and the environment.
Recognizing its responsibility as an enterprise that provides products which people use on a regular basis in their daily lives, the Kao Group takes active steps to reduce the environmental footprint of its products throughout the entirety of the product lifecycle. In April 2019, Kao launched the Kirei Lifestyle Plan, its ESG strategy, which incorporates 19 key leadership actions. By integrating ESG into the core of its company management, Kao will drive business growth and better serve consumers and society through its enhanced products and services. The honor of this Gold Award is in recognition of the efforts Kao has been taking to reduce its environmental footprint, and of the company's proactive disclosure of opportunities and risks affecting its business operations.
In the future, the Kao Group will continue to implement its unique ESG activities globally, for example by taking active steps in relation to climate change and the safeguarding of water resources, so as to deliver satisfaction and enriched lives for people around the world, and to contribute to the sustainability of society.
Kao creates high-value-added products that enrich the lives of consumers around the world. Through its portfolio of over 20 leading brands such as Attack, Bioré, Goldwell, Jergens, John Frieda, Kanebo, Laurier, Merries and Molton Brown, Kao is part of the everyday lives of people in Asia, Oceania, North America and Europe. Combined with its chemical division, which contributes to a wide range of industries, Kao generates about 1,500 billion yen in annual sales. Kao employs about 33,000 people worldwide and has 130 years of history in innovation. Please visit the Kao Group website for updated information.