Kao joins The Climate Pledge - a commitment co-founded by Amazon and Global Optimism

TOKYO and CINCINNATI, Aug. 1, 2022 /PRNewswire/ -- Underlining its global commitment to reduce its carbon emissions to be net-zero by 2040, Kao signed The Climate Pledge, a commitment co-founded by online retailer Amazon and environmental advocacy group Global Optimism.

As a signatory of The Climate Pledge, Kao agrees to measure and report greenhouse gas emissions on a regular basis, implement decarbonization strategies in line with the Paris Agreement and take action to neutralize any remaining emissions with additional, quantifiable, real, permanent, and socially beneficial offsets to achieve net-zero annual carbon emissions by 2040 – 10 years ahead of the Paris Agreement on climate change. Kao already set new targets for realizing a decarbonized society in 2021 and is aiming to reduce carbon dioxide (CO₂) emissions to be net-zero by 2040, and become a carbon negative company by 2050.

Sustainability is at the core of Kao's corporate philosophy and ESG strategy, the Kirei Lifestyle Plan. The Japanese word 'kirei' describes something that is clean, well-ordered and beautiful, all at the same time. Implemented in 2019, the Kirei Lifestyle Plan encompasses three main pillars, namely "Making my everyday more beautiful", "Making thoughtful choices for society, and "Making the world healthier and cleaner". Included in these pillars are 19 key leadership actions, which include decarbonization and the development of clean and environmentally safe products.

By 2030, Kao commits to improve consumers' quality of life, promote a sustainable lifestyle and make the world healthier and cleaner through decarbonization, zero waste, water conservation and air and water prevention. Kao aims to be net-zero carbon by 2040 and carbon negative by 2050 in its business activities.

To achieve its global goal to reduce its carbon emissions to be net-zero by 2040, Kao is accelerating its carbon reduction pathway by transitioning to non-fossil fuels, implementing measures to further reduce the environmental impact of its products across the entire lifecycle, and proactively introducing innovative technologies. As part of these measures, Kao installed the largest photovoltaic power generating facilities for on-site power generation at its Sakata Plant in 2021. Since last year, the company was also able to further reduce its scope 1+2 emissions and increase the use of renewable energy, achieving 100% renewable energy on all 55 logistics sites in Japan, the Sumida Complex (including the Tokyo Plant), and the Sakata Plant.

In the Americas region, all factories and owned offices operated by Kao Consumer Products have been supporting 100% renewable electricity since 2019. Furthermore, energy saving measures were implemented, resulting in a 14% reduction in energy consumption since 2010. In US and Austria, Kao generates its own solar energy, which it aims to expand at every opportunity. Until 2025, Kao plans to further reduce its carbon footprint by continuing to cut water consumption and reducing waste in its production sites.

"In order to achieve the goals set by our Kirei Lifestyle Plan, we are fully committed to becoming net-zero carbon by 2040. Beyond our own efforts, we believe that strong alliances and partnerships make all the difference. By signing The Climate Pledge, we are part of a meaningful network of some of the world's largest and most important companies that act today for a better tomorrow", commented Dave Muenz, Managing Executive Officer and Senior Vice President, ESG, Kao.

"We are thrilled to welcome Kao to The Climate Pledge," said Sally Fouts, Global Lead of The Climate Pledge at Amazon. "Urgent innovation and collaboration from the private sector, across regions and industries, is critical in order to decarbonize the global economy at scale, and The Climate Pledge offers the opportunity to join a community of leading businesses, all committed to transformational action on climate. We look forward to working with Kao and the more than 300 signatories of the Pledge to achieve this ambitious goal, together."

Kao creates high-value-added products and services that provide care and enrichment for the life of all people and the planet. 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 business, which contributes to a wide range of industries, Kao generates about 1,420 billion yen in annual sales. Kao employs about 33,500 people worldwide and has 135 years of history in innovation. Please visit the Kao Group website for updated information.
https://www.kao.com/global/en/

Over the past 130 years, Kao has worked to improve people's lives and help them realize more sustainable lifestyles – a Kirei Lifestyle. The Japanese word 'kirei' describes something that is clean, well-ordered and beautiful, all at the same time. The Kao Group established its ESG strategy, the Kirei Lifestyle Plan in April 2019, which is designed to deliver the vision of a gentler and more sustainable way of living. By 2030, Kao aims to empower at least 1 billion people, to enjoy more beautiful lives and have 100% of its products leave a full lifecycle environmental footprint that science says our natural world can safely absorb.

The Climate Pledge is a commitment to be net-zero carbon by 2040 that forms a cross-sector community of companies and organizations, working together to crack the climate crisis and solve the challenges of decarbonizing our economy. The Climate Pledge was co-founded by Amazon and Global Optimism in 2019.

For more information please contact Lauren Donner, Tractenberg & Co. I [email protected]

SOURCE Kao USA Inc.

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