Kao Inks MoU With C.P. Group To Promote Sustainable Future In Thailand

KUALA LUMPUR, Sept 30 (Bernama) -- Kao Corporation has signed a memorandum of understanding (MoU) with Charoen Pokphand (C.P.) Group, Thailand's leading conglomerate, 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 in a statement said it will promote efforts to enrich the lives of Thai people through a global perspective and partnerships.

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Under the shared aspiration of contributing to the future of Thai children, Kao and C.P. Group will begin collaborating in the environmental, social, and governance (ESG) field.

By starting concrete cooperation and leveraging synergistic effects, both companies aim to deepen their partnership and achieve a sustainable future by exclusively supplying specific environmentally friendly products from Kao Group to C.P. Group.

In addition, they will co-develop a new house brand featuring innovative, sustainable consumer products for sale under C.P. Group’s brands, utilising Kao Group's innovations to achieve sustainability goals.

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They will also explore further collaborative opportunities in the chemical business, as well as work together to address social issues and develop products for industries related to C.P. Group's businesses by leveraging the expertise of both companies.

Kao's mid-term plan "K27" emphasises building Global Sharp Top businesses and building businesses via 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.

Meanwhile, C.P., since its founding in 1921, has been operating in Thailand with a focus on providing  high-quality products. The company has grown in Thailand and now operates across a wide range of fields, including retail sectors represented by stores such as 7-Eleven as well as in the distribution, industrial, and agricultural sectors.

-- BERNAMA