Kao Corporation Aims to Reduce its Co2 Emissions to Zero by 2040, and to Be Carbon Negative by 2050
May 18, 2021 at 10:01 pm EDT
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Kao Corporation has set new targets for realizing a decarbonized society and is aiming to reduce its carbon dioxide (CO2) emissions to zero by 2040, and become a carbon negative company by 2050. Consequently, Kao is now seeking to upgrade the 2.0°C target certification it was awarded by the Science Based Targets initiative (SBTi)*1 in 2019 to 1.5°C. It has also signed up to the “Business Ambition for 1.5°C” initiative, which was launched by the UN Global Compact, the SBTi, and company Mean Business. This is a corporate pledge for businesses to set science-based targets aligned with limiting global temperature rise to 1.5°C instead of 2.0°C. In addition, Kao is aiming to join RE100, an international program which brings together hundreds of large businesses committed to 100% renewable electricity. The SBTi is an international joint initiative by the CDP, the UN Global Compact, the World Resources Institute (WRI), and the World Wide Fund for Nature (WWF). The SBTi provides science-based verification and certification as to whether the greenhouse gas reduction targets set by business enterprises are consistent with the decarbonization levels mandated by the Paris Agreement. The Kao Group has been working with a variety of stakeholders to reduce the environmental impact throughout their products lifecycles. In April 2019, Kao defined a sustainable lifestyle in an age of increasing consumer needs as the Kirei Lifestyle, and developed the Kirei Lifestyle Plan (KLP), a new ESG Strategy. The Japanese word 'kirei' describes something that is both clean and beautiful. For Kao, Kirei not only encapsulates appearance, but also attitude—to create beauty for oneself, other people, and for the world around us. Mid- to long-term targets have been announced for each of the 19 “Kao Actions” as specified by the KLP, which includes decarbonization. Recently, Kao’s responsibilities have grown as well as the role it is expected to play in relation to tackling climate change caused by global warming. In order to be able to deliver a Kirei Lifestyle not only to today’s consumers but also to the consumers of the future, Kao has set new decarbonization objectives aimed at the realization of a decarbonized society. By implementing Innovation in Reduction and Innovation in Recycling with regards to CO2, Kao is aiming to achieve carbon zero by 2040, and carbon negative 2050 in its business activities. Kao is also proceeding with the development of products, services, and technologies that will contribute towards reducing CO2 emissions in society as a whole.
Kao Corporation specializes in manufacturing and marketing of consumer products. Net sales (including intragroup) break down by family of products as follows:
- care and beauty products (44.4%): body care products (soap, shower products), face care (brand Bioré) and hair care (shampoo, colorants, etc.; Asience, Liese, Curél and Essential);
- house cleaning and laundry care products (22.7%): detergents (brand Attack), dishwashing liquids, cleaners, stain removers, etc.;
- chemical products (21.6%): oleo chemical products (fat alcohols, fat amines, fat acids, etc.), inks, colorants, surfactants, etc. ;
- hygiene products (11.3%): feminine protection products (brand Laurier), diapers (Merries), oral hygiene products, etc. The group is also providing food products.
Net sales break down geographically as follows: Japan (58%), Asia (22%), America (10.5%) and Europe (9.5%).