Potential offtaker

Kao Corporation

www.kao.com

Estimated electricity consumption

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Countries of production presence

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Kao Corporation is a Japanese multinational corporation that operates in the personal care products sector. The company was founded in 1887 by Tomiro Nagase and is headquartered in Tokyo, Japan. Kao Corporation has a global presence with operations in over 30 countries and regions. The company's portfolio includes a wide range of personal care products such as skincare, haircare, and body care products, as well as home care and fabric care products.

Kao Corporation is committed to sustainability and has set ambitious targets to reduce its environmental impact. The company has pledged to achieve net-zero greenhouse gas emissions by 2050 and has set a target to reduce its carbon footprint by 50% by 2030. To achieve these targets, Kao Corporation is focusing on decarbonisation and renewable energy.

Decarbonisation is the process of reducing or eliminating carbon dioxide emissions from the atmosphere. Kao Corporation is committed to reducing its carbon footprint by implementing various measures such as energy conservation, renewable energy, and carbon offsetting. The company has set a target to reduce its greenhouse gas emissions by 30% by 2030 compared to 2019 levels.

Corporate energy is the energy that a company uses to power its operations. Kao Corporation is committed to using renewable energy to power its operations. The company has set a target to use 100% renewable electricity for its global operations by 2030. To achieve this target, Kao Corporation is investing in renewable energy projects such as solar and wind power.

Corporate power purchase agreements (PPAs) are contracts between a company and a renewable energy supplier. Kao Corporation has signed several corporate PPAs to purchase renewable energy. In 2020, the company signed a PPA with a Japanese renewable energy company to purchase electricity from a solar power plant. The PPA will enable Kao Corporation to purchase 10,000 MWh of renewable electricity annually, which is equivalent to the electricity consumption of approximately 3,000 households.

Renewable energy is energy that is generated from renewable sources such as solar, wind, and hydro. Kao Corporation is committed to using renewable energy to power its operations and has set a target to use 100% renewable electricity for its global operations by 2030. The company is investing in renewable energy projects such as solar and wind power to achieve this target.

In addition to its commitment to sustainability, Kao Corporation is also committed to social responsibility. The company has a strong corporate social responsibility (CSR) program that focuses on environmental sustainability, social contribution, and governance. Kao Corporation has been recognized for its CSR efforts and has been included in several sustainability indices such as the Dow Jones Sustainability Indices and the FTSE4Good Index.

Kao Corporation's personal care products are known for their high quality and innovative formulations. The company invests heavily in research and development to create products that meet the evolving needs of consumers. Kao Corporation's skincare brand, Kanebo, is a popular brand in Japan and has a strong following in other countries as well. The company's hair care brands, such as Asience and Essential, are also popular in Asia.

In conclusion, Kao Corporation is a Japanese multinational corporation that operates in the personal care products sector. The company is committed to sustainability and has set ambitious targets to reduce its environmental impact. Kao Corporation is focusing on decarbonisation and renewable energy to achieve its targets. The company has signed several corporate PPAs to purchase renewable energy and is investing in renewable energy projects such as solar and wind power. Kao Corporation's personal care products are known for their high quality and innovative formulations, and the company has a strong commitment to social responsibility.