Economic
Contributions to External Organizations and Associations

Contributions to External Organizations

and Associations

Contributions to External Organizations and Associations 431,590 Baht

Management Approach

Osotspa is politically neutral and has specific policies
and procedures that cover political contributions.
As stated clearly in the Code of Conduct and Anti-Corruption Guidelines.

The Company provides no financial support or donations, and takes no ides when it comes to political parties.
Indeed, it avoids involvement in any activity which could lead to an understanding that the
Group of Companies is related to or supporting any political party.

2022 - Performance highlights

No contributions were made to support political campaigns or any political organization. However, Osotspa believes that the business sector could contribute tremendously to sustainability advancement in the industry through participation in regulatory advocacy, which in turn can enhance Thailand’s competitive edge in the international market.

We thus consider the support of more informed and sustainability-focused development of policies, laws, and regulations as one of our responsibilities to the society in which we operate. The Company participates in this regard through industry associations or trade associations and transparently contributes to these groups via membership fees, as seen below.

Contributions to External Organizations and Associations (Baht)

Trade associations or tax-exempt groups

2020

2021

2022

Federation of Thai Industries (FTI)

  • GS1 Thailan
  • Food club
  • Drug Club
  • Herbal Club
  • Thailand Institute of Packaging & Recycling Management for Sustainable Environment (TIPMSE)

39,590

15,000
-
-
-
100,000

39,590

15,000
-
-
-
100,000

32,100

15,000
4,280
1,070
2,140
100,000

Efficient Consumer Response (ECR) Thailand

10,700

10,700

10,700

Thai Beverage Industry Association (TBA)

74,900

74,900

74,900

Energy Drink Manufacturers Association (EDMA)

160,000

160,000

160,000

Thai Cosmetic Manufacturers Association (TCMA)

1,500

1,500

1,500

Herbal Products Association (HPA)

1,500

1,500

1,500

Dairy and Foods Industry Association (DFIA)

5,000

5,000

5,000

Thai Chamber of Commerce (TCC)

21,400

21,400

21,400

American Chamber of Commerce in Thailand (AMCHAM)

34,240

-

-

German-Thai Chamber of Commerce (GTCC)

16,050

-

-

Regulatory Affairs Pharmacy Association of Thailand (RAPAT)

-

-

2,000

Through our active engagement in the above-mentioned associations, Osotspa works hand-in-hand with other industry members to foster awareness of the trends and needs of consumers.
The Company also shares its views and advice through qualified persons whom the Company has assigned to provide assistance to the associations, with an aim to push forth collective action for tangible positive impact on society. Several prominent causes that we closely attend to are detailed in the table below.

Cause

Associations
Institutions

Description

1
Consumer Health &
Well-being
  • TBA
  • EDMA
By participating in both the Thai Beverage Industry Association (TBA) and the Energy Drink Manufacturers Association (EDMA), the Company works closely with other non-alcoholic beverage and energy drink manufacturers, companies with allied interests in relevant industries, and government agencies and related private organizations under various umbrellas Apart from promoting industry growth, we, as a whole, are also determined to improve consumer health and well-being.

Common goals included reduction of sugar and sodium added and shifting what we offer towards being more nutritious and beneficial products for consumers.
2
Sustainable
Packaging
  • TIPMSE
The Thailand Institute of Packaging & Recycling Management for Sustainable Environment (TIPMSE) was established with an aim to promote at-source segregation of used packaging in order to reduce the amount of used packaging i n waste across the country.

The Company has contributed to enhance the appropriate management system of post-consumer packaging and recycled materials.

The participation of Osotspa in the take-back program under the concept of Extended Producer Responsibility (EPR) is supporting the development of the accuracy of Thailand’s database.We aim that the database will be the fundamental input to design the mitigations of the country’s sustainable waste management in accordance with the BCG Model Action plan 2021-2027.
3
Climate
Action
  • Thailand Greenhouse Gas Management Organization (Public Organization) or TGO
To better understand the guidelines and standards for GHG management in Thailand, which include GHG accounting, carbon pricing mechanisms, project guidelines for GHG emissions reduction,

carbon credits offset, and the use of economic tools to mitigate the effects of climate change, such as Carbon Pricing, Carbon Taxation, and Carbon Border Adjustment Mechanism (CBAM), among others.

Osotspa has participated in key activities and received valuable input from associated organizations, and plans to be a member of the Thailand Carbon Neutral Network (TCNN) in 2023.