Osotspa Public Company Limited (OSP), Thailand's sole energy drink manufacturer, has made headlines again by winning the prestigious Industry Mover award from S&P Global for the second consecutive year. This accolade highlights OSP's remarkable advancements in sustainability, showcasing their commitment to responsible practices during challenging times.
On March 3, 2025, OSP celebrated this achievement as S&P Global recognized the company for significantly improving its sustainability score from 65 to 83 out of 100 points, representing a remarkable 27% increase. This accomplishment is attributed to several factors, including increased transparency through important disclosures verified by external auditors, effective waste management practices focusing on the recycling of glass bottles, and responsible supply chain management.
With sustainability at the core of its operations, OSP also received four distinguished awards at the Future Trends Ahead & Awards 2025, elevaging their status as leaders within the environmental, social, and governance (ESG) framework. These awards signify OSP's commitment to delivering high-quality products to consumers, as well as ensuring the health and well-being of its customers.
Among the accolades is the Leading of ESG in Environmental Product award awarded to OSP for its "green bottle" innovation. This product successfully reduces packaging weight by 15%, maintaining durability and decreasing the carbon footprint associated with production and transportation.
Another notable honor is the Leading of ESG in Social Product award, which demonstrates OSP's dedication to providing healthy beverages comprising less than 6% sugar for 99% of its products, with 65% of health-focused items and candies having no added sugar. This commitment not only prioritizes consumer health but also aligns with modern health trends.
OSP's efforts extend beyond mere product offerings; they prioritize employee wellbeing and development as well. The company’s ACT initiative (Achievement, Consumer Focus, and Teamwork) is integral to empowering employees and sustaining organizational growth.
Looking forward, OSP identifies 2025 as a pivotal milestone for its sustainability plans, as it is the assessment point for its first five-year sustainability strategy launched back in 2020. The company aims to expand its efforts to include product safety and innovation, targeting carbon neutrality by 2050.
Joining international sustainability efforts, OSP became a member of the Climate Disclosure Project (CDP) last year and has since earned a B ranking from CDP concerning its climate change management strategies. This score indicates OSP's determination to work alongside the global community to address environmental challenges.
"We are committed to sustainability and will continue to expand our initiatives to cover product safety and innovation," stated OSP's spokesperson, underscoring the company’s continued focus on responsible practices.
OSP's Chief Executive Officer mentioned, "Our aim is to achieve carbon neutrality by 2050," reinforcing the company's long-term environmental promises to stakeholders and consumers alike.
This recognition by S&P Global not only demonstrates OSP's commitment but also sets the standard for other companies within the beverage industry to follow suit. By prioritizing sustainable practices, OSP positions itself as more than just a beverage provider; they aim to be a positive force for societal change.
Through diligent efforts and innovative strategies, OSP continues to be at the forefront of sustainability within the beverage industry, inspiring others to follow their lead and contributing to broader environmental stewardship.
Overall, OSP's commitment to sustainability, alongside its proven results, paves the way for potential partnerships and innovations, making them not only relevant but also exemplary within the global market.