Kao recognized as one of the world's most ethical companies

On the heels of acquiring salon brand Oribe, Kao has announced that it has been named of the World's Most Ethical Companies by Ethisphere Institute — a company that specializes in research on corporate ethics and social responsibility.

Kao is the only Japanese country to have received this recognition for 12 straight years, since the award's inception in 2007, the company said.

"We are honored to be recognized as one of the World's Most Ethical Companies for 12 consecutive years. As we continue to offer a wide array of innovative products to the market, our commitment to Integrity has never wavered since we began the business 130 years ago. I must impress upon everyone that compliance is the cornerstone of our company's existence that is in a variety of business fields. This Integrity continues to be embraced in Kao's daily business activities in a culture of openness," Michitaka Sawada, president and CEO of Kao, said.

The World's Most Ethical Companies is a recognition bestowed on those who have achieved significant results for corporate transparency, fairness, ethics and compliance.

An ethics and compliance program, corporate citizenship and responsibility, culture of ethics, governance and leadership, innovation and reputation are other categories in which in the institute surveys and evaluates companies.

"Kao is the only company in Japan that we have honored on the World's Most Ethical Companies list every year since the award's inception," Ethisphere's chief executive officer, Timothy Erblich, said. "It underscores their commitment to integrity that is in tune with changes in expectations of society. We hope Kao will continue to engage in business with integrity and lead their industry across the globe in advancing ethical standards and practices."

Kao, the parent company of such brands as John Frieda, Molton Brown, Bioré and Jergens, will continue to pursue its mission of contributing wholehearted satisfaction and enrichment in the lives of people globally, alongside sustainability in society, the company said.