Water is one of the critical factors of ESG (Environment, Social, and Governance). Fresh and clean water is increasingly endangered despite being considered a plentiful renewable resource mainly due to population growth and economic activity leading to an increase in water demands and pollution.
According to United Nations, if current consumption and production patterns do not change, there will be a 40% shortfall in water supply by 2030. Companies are expected to face increased scrutiny such as limits on water withdrawal and tight regulations over their water use as global water resources face increased stress.
Groundwater is withdrawn by industries such as manufacturing, mining, oil and gas, energy and utilities, and construction. Apparel and food & beverage industries are highly dependent on groundwater through supply chains. According to Aquastat, 19% of global freshwater withdrawals come from industry and energy.
In terms of water withdrawal, the beverage and bottled mineral water sectors need to be careful because groundwater is a raw material for them. Globally, food and beverage companies face disputes with local communities over the amount of groundwater that can be withdrawn without depleting local resources.
Kao Corp manufactures, markets, and sells consumer and chemical products. The company's major products include cosmetics, facial and body cleansers, soaps, shampoos, conditioners, hair coloring, and styling agents. Kao Corp markets products under Attack, Biore, Ban, Blaune, Curel, Essential, Feather, New Beads, Quickle, Quickle Joan, Resesh, Goldwell, Guhl, Haiter, and Jergens brands.
In 2021, Kao Corp withdrew 17.21 million cubic meters of water, an increase of 1% annually. Water withdrawn by the company is obtained mainly from City water and Groundwater with City water providing 69.7% of water and groundwater providing 30.2% during the same year. In 2021, Kao Corp’s total water discharge was 11.4 million cubic meters of water, an increase of 2% from 2020.
Kao Corp aims to reduce 45% of water consumption (baseline 2005) by 2030. It will contribute to the sustainable availability of fresh water in the river basin where water sources used by plants are located and will positively affect conserving ecosystems.
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