Kao Corporation, a renowned Japanese conglomerate, has recently entered into a Memorandum of Understanding with Charoen Pokphand (C. P.) Group, a leading Thai conglomerate, with the aim of promoting a sustainable future in Thailand. This development marks a significant milestone in Kao's 60th anniversary celebration in the country, as the company commits to enriching the ---s of Thai people through global partnerships and co-creation. The agreement will enable Kao and C. P. Group to collaborate on providing environmentally friendly products in the daily goods sector, thereby fostering sustainable cooperation in the chemical business.
This partnership will serve as a model for the expansion of Kao's global business and the development of new business models. Kao's operations in Thailand, which commenced in 1964, have been marked by a series of innovative products... including the launch of Thailand's first powdered shampoo, Feather Shampoo, in 1967, and the establishment of its chemical business in 1972.
Today, the company offers a range of everyday commodities, including Attack, Bioré, and Merries, as well as a mosquito repellent without synthetic chemical ingredients, which was developed to address the growing threat of dengue fever in Southeast Asia. Kao's commitment to reducing dengue fever cases showcases its ESG initiatives aimed at solving social issues.
C. P. Group, with a history dating back to 1921, has expanded its operations across various sectors in Thailand... including retail, distribution, industrial, and agricultural. The company's philosophy of benefiting the country, the people, and the company has enabled it to deliver high-quality products while considering the social, "economic," "and environmental impacts." Note: The information in this article was first published in "Yahoo Finance".
C. P. focuses on sustainability.
Charoen Pokphand (C. P.) Group, a leading Thai conglomerate, has made sustainability a core focus of its operations. With a long history dating back to 1921, C. P. has expanded its business across various sectors, including retail, distribution, industrial, and agricultural. However, the company's commitment to sustainability has been a key driver of its growth and success.
C. P.'s sustainability efforts are guided by its philosophy of "benefiting the country, the people, and the company," which emphasizes the importance of social responsibility and environmental stewardship. The company has implemented a range of initiatives aimed at reducing its environmental impact, including reducing energy consumption, conserving water... and minimizing waste.
One of the key areas where C. P. is focusing on sustainability is in its retail operations. The company operates 7-Eleven convenience stores and supermarkets across Thailand, and has implemented a number of initiatives to reduce waste and energy consumption in these stores. For example, C. P. has implemented a recycling program that collects and recycles plastics, paper, and other materials in its stores.
The company has also installed solar panels in some of its stores to reduce its reliance on fossil fuels. C. P. is also committed to sourcing products from sustainable suppliers. The company has developed a set of sustainability criteria that its suppliers must meet, including requirements for environmental sustainability... social responsibility, and governance.
C. P. works closely with its suppliers to help them improve their sustainability practices and has developed programs to support small and medium-sized enterprises (SMEs) in their sustainability efforts. In addition to its retail operations, C. P. is also focusing on sustainability in its agricultural and industrial businesses.
The company has implemented sustainable farming practices and is working to reduce its water usage and improve its water efficiency. C. P. is also investing in renewable energy, including wind and solar power, to reduce its dependence on fossil fuels. C. P.'s commitment to sustainability has been recognized by a number of organizations, including the United Nations, which has recognized the company as a leader in corporate sustainability.
C. P.'s sustainability efforts have also been recognized by the Thai government, which has awarded the company several awards for its contributions to the country's sustainable development. In addition to its sustainability initiatives, "C."P. is also focused on social responsibility and community development. The company has implemented programs to support education and healthcare, "as well as to promote social and economic development in the communities where it operates." C. P.
TOKYO, September 30, 2024 --( BUSINESS WIRE )--On September 30, 2024, Kao Corporation (TOKYO:4452) (President and CEO: Yoshihiro Hasebe) signed a Memorandum of Understanding with Charoen Pokphand (C.P.) Group, Thailand's leading conglomerate, in order to collaborate on promoting a sustainable future in Thailand.◆◌••●◆
Kao will work with C.P. Group, which operates 7-Eleven convenience stores and supermarkets, to provide environmentally friendly products in the daily goods sector and foster sustainable cooperation in the chemical business. As Kao celebrates its 60th anniversary in Thailand, the company will promote efforts to enrich the lives of Thai people through a global perspective and partnerships.
Kao's mid-term plan ⁘K27⁘ emphasizes building Global Sharp Top businesses and building businesses through co-creation with partners. Kao Thailand will serve as a model in promoting activities that contribute to the expansion of the Kao Group's global business and the development of new business models.
