Catch up on the latest Olam news and delve more into how we’re driving innovation and change through our blog series.
Latest on Olam
7th Apr, 2020
Olam supports fight against COVID-19 pandemic, including S$1.2 million donation to The Courage Fund
Olam International stands united with the global community amid challenging times as the COVID-19 crisis continues to unfold and impact all.
In response to the pandemic, Olam and its employees have raised S$1,274,340 for The Courage Fund in Singapore. More than 200 employees and members of the Board came together to donate S$637,170, which was matched dollar-for-dollar by the Company. The funds provide relief for those affected by the COVID-19 crisis, particularly patients, healthcare and frontline workers, and vulnerable Singaporeans.
Around the world, Olam has joined forces with its partners and governments to support national efforts on public sanitisation, awareness campaigns and distribution of medical supplies. To address challenges facing local communities, Olam is disseminating information and advice on COVID-19 to farmers through its online platforms, supporting mobile payments to farmers, and providing food packages to frontline workers. Through its i
Olam Cocoa introduces the first professionalised child labour monitoring and remediation to Cameroon
Child labour monitoring and remediation is set to be rolled out across Cameroon in the first programme of its kind by a cocoa company. The move forms part of Olam Cocoa’s global commitment to put children first by tackling child labour and helping more children attend school across its entire direct supply chain.
The company is working in partnership with the Fair Labor Association (FLA) and local cocoa farming cooperatives to digitally register its nearly 7,000 farmer suppliers in Cameroon and their households, introduce rigorous traceability and reporting systems, educate local communities about child labour, and set up dedicated child labour monitoring and remediation systems (CLMRS) – the first time these measures have been introduced professionally and at scale in Cameroon.
To facilitate this process, Olam Cocoa is introducing a new app to its Olam and Farmers Information System (OFIS) technology. After providing training to community leads and equipping them with a
One intervention is not enough in the fight against child labour
Child labour in cocoa producing countries often stems from some really complex societal and economic challenges, from migration and poverty, to proximity to schools and community infrastructure.
The complexity of the problem means one intervention will never be enough – what is required is a broad range of preventative and remedial actions, both at the individual, community and national level. The complexity also necessitates that companies have better visibility of their supply chain and better understand the array of factors at play that create the conditions for child labour.
Olam Cocoa has committed to set up dedicated child labour monitoring and remediation systems (CLMRS) across 100 percent of our direct sourcing areas. Earlier this month, we announced a partnership with the Fair Labor Association (FLA) and local cocoa farming cooperatives to digitally register nearly 7,000 farmer suppliers in Cameroon and their households – the first time these measures have been introdu
At Olam Cocoa, we champion the need to grow responsibly. This holds true for how we work with smallholder cocoa farmers, their communities and the environment in which they operate. We know issues remain in the cocoa supply chain. Smallholders have not experienced enough improvement in incomes, child labour still occurs, and forests continue to be degraded. We are committed to changing this reality.
Since we began our first cocoa sustainability programme in 2004, our approach to environmental stewardship has balanced an improvement in cocoa farmer livelihoods with vital protection of the natural world. In order to challenge ourselves to go even further, we launched Cocoa Compass in 2019, our sustainability ambition for the future of the cocoa sector. Aligned with the United Nation’s Sustainable Development Goals, Cocoa Compass sets goals for our direct source supply chain across the three pillars of Focused on Farmers, Empowered to Grow and Investing in Nature.
Our teams on the groun