At Domini, we conduct proprietary in-house research to evaluate the social and environmental performance of our investments. Our in-depth, independent ESG research and high standards help create prosperity not only for portfolios, but for people and planet too. During our research process, we discover many innovative initiatives worth sharing.
Kao Group
Held in the Domini International Opportunities Fund portfolio.
The Kao Group is a global developer of chemical and consumer beauty products. The company recently launched a sustainability initiative to help independent palm oil smallholders in Indonesia improve their yields, acquire international certification, and eventually secure sales premiums from selling certified palm oil. [i] This has both economic and environmental impact because palm oil can be found in as many as 70 percent of all beauty products. [ii] Results show Kao’s efforts have helped improve independent palm oil smallholder farmers’ ability to produce certified palm oil in Indonesia.
i https://www.kao.com/global/en/news/sustainability/2020/20201014-001/
ii https://keiseimagazine.com/the-truth-about-palm-oil-the-beauty-industry/