Question: Does the company disclose a strategy that would lead its business model to become nature-positive, which includes a timeframe in line with milestones for halting biodiversity loss (no net loss) and reversing the trend (biodiversity net gain)?
Answer:
Yes
19796124
World Benchmarking Alliance
Kao Corporation
2024
Verified by Steward check_circle
The company discloses that it considers the 2050 Vision, which aims for a society in harmony with nature, and discloses the strategy to become Nature Positive in 2050, which includes starting activities to achieve the goal of plusminus zero by 2020, ensuring that positive impacts outweigh negative ones by 2030, and restoring nature to a sustainable state by 2050. Further, it discloses that its activities for Nature Positive reference the portfolio of actions to reduce loss and restore biodiversity as outlined in the Global Biodiversity Outlook, which states that the recovery of biodiversity can be expected through all the combinations of enhanced conservation and restoration of ecosystems, mitigation of climate change, action on pollution, invasive alien species, and overfishing, sustainable production, and reduction of consumption and waste. Moreover, it discloses its long-term goals, which include empowering at least 1 billion people by 2030 to enjoy more beautiful lives, making it easier for people to make small but meaningful choices that, together, will shape a more resilient and compassionate society for 100% of its brands by 2030, and leaving a full life cycle environmental footprint that science says its natural world can safely absorb for 100% of its products by 2030. Also, it discloses interim milestones related to each theme. [Sustainability Report 2023, 34-36]