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Stakeholders Engagement and Value Chain Stakeholders Engagement and Value Chain

Stakeholders Engagement and Value Chain

Value Chain

Osotspa conducts its business across a wide range of contexts. We thoroughly consider what we have learned from past experiences and apply such knowledge to manage impacts on a daily basis and create shared opportunities in the value chain.

Our success drivers, for both the short and long term, include inputs such as raw materials and ingredients, strategic cooperation from upstream to downstream, and our talented employees, who exude passion and commitment.

Revenue from customers who place their trust in us and financial resources from investors are also key factors that support our growth. These allow us to expand the diversity of our product portfolio and generate other economic benefits such as jobs, taxes paid, community investments, and positive ecosystem impacts and initiatives as well as customer and shareholders value.

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Stakeholder Engagement

Osotspa believes that stakeholder engagement provides a foundation for sustainability in an organization. Osotspa’s Stakeholders include all individuals and organizations who are positively or negatively impacted by the Company’s activities. As part of the sustainability materiality assessment, we focus on understanding the concerns and expectations of our stakeholders. The Company seeks to address issues that can affect sustainability practices in a manner that is equitable and fair to all parties. This includes organizing meetings with groups of representatives from various agencies to generate ideas.We organize brainstorming sessions for cross-functional representatives. Our internal and external stakeholders are identified and prioritized based on our relationship with them, their attitude towards us, and their interests, impact, and potential influences on our business.

Osotspa engages with stakeholders through a variety of channels, all of which are effectively managed. We strive for effective communication management with different channels of engagement that meet the needs of each stakeholder. For efficiency’s sake, we categorize stakeholders into 5 groups. The table below shows the details of our approaches to managing expectations and the channels of engagement for each group.