Osotspa Public Company Limited, or OSP, has announced its second-phase sustainability strategy and targets for 2026–2030 under the OSP Sustainability Purpose & 2030 Targets, marking its 135th anniversary by linking sustainability to business strategy across the entire value chain under the vision "Power to Enhance Life." Chief Executive Officer Mukda Pairojvet said the new management structure sets the direction for the second phase of sustainability, namely Environmental Sustainability, Human Sustainability, Corporate Sustainability and Business Sustainability, driven through seven key sustainability issues spanning supply chain management, resource management in production processes, development of health products, and post-consumption packaging management and personnel development. The 2030 targets include reducing Scope 1 and 2 greenhouse gas emissions by 50% from a 2022 base year and increasing the share of renewable energy to 17%, controlling the Water Use Ratio in beverage production at 3.98, making 100% of packaging recyclable or biodegradable once technology allows, and collecting 625,000 tons of cullet to be recycled back into the production process, sending 100% of production waste to higher-value uses, and limiting food loss and food waste to no more than 2.90% of total production volume. They also include ensuring that 95% of domestic beverage products contain no more than 5 grams of sugar per 100 milliliters, targeting an annual talent retention rate of 85% and an employee engagement score of 79%, and supporting 500 small business partners. Mukda added that the 2030 targets will serve as a framework guiding decisions and tracking progress, alongside collaboration with all stakeholder groups to deliver transparent and measurable results.
Osotspa Public Company LimitedOsotspa launches its second-phase sustainability strategy with 2026-2030 ESG targets, aligning business strategy with environmental, social and governance goals.
