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Annual Report 2020

Unlocking long-term value and driving sustainable growth.

We are a Purpose-led Company

We seek to re-imagine Global Agriculture and Food Systems, providing food, feed and fibre that is better for farmers, communities and our world.

Providing Food Feed and Fibre

Whether its working with coffee farmers in Africa, growing our almonds in Australia, or developing innovative cocoa and spice ingredients in the USA, we help our customers meet increasing consumer demands for sustainable sourcing and healthy foods.

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Across 6 continents, our farms, buying teams and processing facilities are based in key growing regions for more secure supply and access to markets.

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Living Our Purpose

With our sector facing huge challenges, we aim to re-imagine global agriculture so that it is better for the over 5 million farmers in our extended supply chain, their communities and our planet.

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Re-imagining Global Agriculture

Our Purpose extends beyond our own boundaries and is driven from the grass roots of our business.

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Young children studying in a community school for coffee growers in Africa, Tanzania, co-founded and supported by Olam.

Why Agriculture Needs Re-imagining

We have a responsibility to help create and sustain living landscapes.

Our Commitment During the COVID-19 Pandemic

As we navigate the different stages of the coronavirus pandemic and the consequent economic and social impacts across our different geographies, our number one priority will always be safeguarding and supporting our people - employees, as well as those in our communities.

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Press release

5^th Jul, 2021

Olam completes refinancing of US$375 million European revolving credit facility

Singapore Leading global food and agri-business, Olam International Limited (“Olam’’) announced today that its wholly owned subsidiary, Olam Holdings B.V. (“OHBV”), has successfully completed the annual refinancing of its European revolving credit facility (the “Facility”) aggregating US$375 million. The Facility has a 364-day tenor and is guaranteed by Olam. Unicredit Bank AG, KfW IPEX-Bank GmbH, Erste Group Bank AG, Raiffeisen Bank International AG, Sumitomo Mitsui Banking Corporation (Singapore Branch) and AKA Ausfuhrkredit-Gesellschaft GmbH are the lenders for the Facility. KfW IPEX-Bank is the Facility Agent.

News

28^th Jun, 2021

Olam Information Services Pvt Ltd recognized a leading employer in India

Olam Information Services Pvt Ltd (“OISL”) has been recognized as one of India’s best employers, and additionally as the best workplace for women after receiving two prestigious awards. The Olam International subsidiary provides Information Technology , Global Business Services, and Information Security services to Olam’s operations worldwide. Headquartered in Chennai, OISL has grown to incorporate the diverse talents of over 1,600 employees supporting Olam’s business and supply chains. OISL is amongst a select group of organizations to receive Best Employer India 2020 award from Kincentric, a human resources and management consultancy. The award recognizes the policies and approach the company is taking to engage, empower and support employees across its business. Additionally, OISL has been awarded the 'Best Workplace for Women 2021' by The Economic Times, a major English business paper in India, for its approach to support inclusion and diversity to enable all employees to ma

Blog

11^th Jun, 2021

UN World Day Against Child Labour 2021: Putting children first in cocoa

By Andrew Brooks, Head of Cocoa Sustainability, Olam Food Ingredients (OFI) This week, the world’s attention turns to a heavy burden that can damage a child’s health and education: child labour. In OFI’s cocoa business, we are focused on solving this problem every day. Most child labour in cocoa relates to children carrying out hazardous tasks on the family farm, distinct from the much rarer issue of forced labour, and has no one cause. Labour laws can be misunderstood, and schools might be located far away. Even if there is a school nearby, children may not have the documents they need to enrol. When combined with rural poverty, many parents think their child’s time is best spent helping on the farm. And now, these cocoa-growing communities are also battling a global health pandemic. We’re working to tackle each of these challenges in turn. Under our Cocoa Compass sustainability ambition, we aim to completely eradicate child labour from our direct supply chain by 2030 and ens

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