PSP Wins Best Employer Awards 2025, Reinforcing ESG Leadership in Human Capital and Proving 'People-Centric' Success Toward Net Zero 2050

P.S.P. Specialties Public Company Limited (PSP) has received the Best Employer Awards 2025 in the category of “Award of Excellence for Promoting Provident Fund Savings and Employees’ Financial Well-being” from the Smart HR FINCoach program by TISCO Asset Management. This recognition underscores PSP’s leadership in sustainable human capital management aligned with ESG principles, highlighting commitment to a people-centric approach through initiatives like the Young Leadership Program, technology training, and promoting workplace diversity. PSP has also extended employee-focused efforts to the global stage, participating in the Climate Action Forum at the United Nations and the Sustainism Movement supported by the UN FAO—linking workforce well-being with mission to achieve Net Zero emissions by 2050.

Mr. Sakesan Krongphanich, Deputy CEO of P.S.P. Specialties Public Company Limited (PSP), the leading lubricant solutions partner, stated that PSP’s receipt of the Best Employer Awards 2025 in the category of “Award of Excellence for Promoting Provident Fund Savings and Employees’ Financial Well-being” from the Smart HR FINCoach program by TISCO Asset Management recognizes organizations with outstanding practices in provident fund management and systematic support for employees’ financial security. He emphasized that the award reflects PSP’s strong commitment to developing people within the ESG strategic framework—particularly the “S” for Social—by prioritizing all aspects of employee well-being, from physical and mental health, workplace safety, and appropriate welfare to holistic skill and potential development.

PSP has put these principles into concrete practice by designing employee benefits that promote long-term stability, particularly through efficient management of provident fund. The company also organizes financial literacy programs to help employees plan their lives and retirement with confidence. In addition, PSP continuously invests in workforce development through initiatives such as the Young Leadership Program, technology and innovation training, and the enhancement of soft skills to equip employees for a rapidly changing work environment. A clear career path is also provided to support each individual's long-term growth within the organization.

Organizational culture is another key priority for PSP, which places strong emphasis on fostering an open, inclusive, and diverse work environment. The company promotes equality at all levels, enabling employees to collaborate creatively, stay motivated, and enjoy their work. PSP has also earned certification under Thailand’s national labor standards, which cover essential aspects such as fair wages, working hours, holidays, and workplace safety. These standards ensure equal protection and treatment for all employees, contributing to improved quality of life, workplace safety, and strong labor relations.

At the same time, PSP has expanded role in human capital development to the global stage by participating in the Climate Action Forum @ United Nations, Thailand, where it engaged in dialogue on sustainability with international private sector leaders. The company has also joined the Sustainism Movement, supported by the UN FAO, which aims to promote sustainability across all aspects of the food system and supply chain. These initiatives reflect PSP’s belief that caring for people extends beyond the boundaries of the organization and can be connected to broader economic, social, and environmental systems—ultimately driving transformation at a macro level.

“Personnel management in the modern era is not just about offering appropriate compensation or good benefits, but about creating a ‘work ecosystem’ where employees feel valued, see growth opportunities, and have a stable future. That’s why PSP invests in human resources, technology, and policies that support all aspects of employees’ well-being—especially financial stability, which we view as a key factor in building confidence and happiness at work,” said Mr. Sakesan.

“This award is not the destination, but a driving force that strengthens our commitment to PSP’s mission of building a learning organization and nurturing our people to grow alongside the company—both individually and collectively—so that PSP becomes a ‘desirable workplace’ from the employees’ perspective, not just in terms of external image.”

For next phase, PSP plans to elevate human resource management to higher international standards by applying Smart HR technology and AI to provide personalized employee care. The company will also expand training programs through international collaboration and is preparing to develop a new benefits structure tailored to the needs of the new generation. This includes modern work approaches that maintain a balance between quality of life and work efficiency, while aligning employees’ goals with the company’s major milestone of achieving Net Zero by 2050. All of this is built on a foundation of strong, high-quality people in line with the organization’s vision to develop human capital as a core driver of sustainability in all dimensions.