'Osotspa’ Listed on the Main Sustainability Indexes and Wins 5 Awards, Reaffirming Its Excellence in Business Operation and Celebrating the 130th Anniversary

Reaffirming its excellence in business operation and marking the 130th anniversary, Osotspa has been listed on the main sustainability indexes and received 5 awards in various fields, including business operations, marketing, human resource management and social and environmental responsibility.

Mrs. Wannipa Bhakdibutr, Chief Executive Officer of Osotspa Public Company Limited, Thailand’s leading manufacturer and distributor of consumer products, revealed that in 2021, Osotspa has been selected as one of the sustainability indexes and awarded in various fields. The honors recognize Osotspa’s operation excellence which contributes to a century of business and marks the Company’s 130th anniversary.

With a sustainability vision ‘Enhancing Sustainable Living' and management under ESG (Environmental, Social and Governance) principles, Osotspa’s sustainability objectives revolve around a 3+1 core pillars strategy. Business Pillar focuses on sustainable growth for businesses and partners in the value chain. Social Pillar focuses on creating good health for consumers through quality products, encouraging employees to grow together with business expansion and creating sustainability for the community through projects that aim to develop and enhance the lives of people in society. Environmental Pillar aims to reduce the impact of the production process and consumption of goods on the environment. These three pillars have “People” within the organization as the key force to achieve the goals.. Recently, Osotspa has been ranked on the Thailand Sustainability Investment: THSI 2021 list, announced by the Stock Exchange of Thailand. The Company has also been selected to the ESG100 index for three consecutive years. Moreover, Osotspa received a 5-star rating or ‘Excellent’ score on the Corporate Governance Report (CGR) of Thai Listed Companies 2021 by the Thai Institute of Directors (IOD) in collaboration with the Stock Exchange of Thailand (SET).

With a focus on long-term growth through sustainability, agility, continuous R&D, along with learning the consumer insights and using technology to leverage the Big Data, Osotspa has developed innovative working processes, products, and marketing campaigns that keep up with the rapid changes of consumer behavior. Moreover, Win Today and Win Tomorrow strategies enable the Company to quickly adapt and respond to various situations as well as prepare the organization's ecosystem for future opportunities and challenges. As a result, Osotspa can operate effectively and overcome crises. Also, the Company won Thailand Most Admired Company 2021 award with the highest score in the commercial company category with outstanding innovation, business performance, and corporate image. Meanwhile, Osotspa's flagship M-150 brand is still popular and dominates the hearts of consumers. It received the Thailand Most Admired Brand 2021 award in the energy drink category. Those two awards are organized by Brand Age magazine. The survey is conducted with consumers nationwide annually. In addition, the Twelve Plus brand received the Superbrands 2021 award for the 12th consecutive year.

Osotspa’s operation and marketing excellence are all attributed to competent human resources. Osotspa places importance on employees as the most valuable resource and a key factor for the success of the company. Therefore, holistic human resource management strategies have been established to create a happy organization and develop skills and abilities for employees through implementing ideas of Learning, breaking the old learning framework (Unlearn), learning new things (Relearn) to improve oneself and enjoy lifelong learning. Furthermore, the company fosters a good working culture, teamwork atmosphere and implements agility working habits. Hence, the Company won the "Best Companies to Work for in Asia 2021," an internationally recognized award from HR Asia.

In addition, Osotspa has continued operating the business along with giving back to society. This has been the DNA of Osotspa for 130 years. Most recently, Osotspa was honored as an organization that supports people with disabilities at an outstanding level in the year 2021 by the Ministry of Social Development and Human Security as the Company has been continuously improving the quality of life of disabled people through building physical strength, mental power and life force under the "Life must go on” project. Currently, Osotspa delivers new careers that bring income and a sustainable future to 130 people with disabilities.

Mrs. Wannipa said, “The year 2021 was another year full of challenges, especially in dealing with the COVID-19 situation. However, viewing obstacles as challenges and being ready to adapt have helped Osotspa to overcome such situations and stand stronger than before. These awards are a testament to our effective management and operation. It's a reward for not giving up and being able to overcome big obstacles. It is a gift to celebrate the 130th anniversary and also drives Osotspa to continue developing its operation, products and marketing campaigns for consumers and Thai society.”