Press release
28th Apr, 2025
ofi secures US$350 million club loan
Singapore
Olam Group Limited (“Olam Group”) announced today that its wholly owned subsidiary, olam food ingredients (“ofi”), a global leader in naturally good food and beverage ingredients, has secured a term loan facility aggregating US$350 million (the “Facility”).
The Facility has Olam Treasury Pte Ltd as a Borrower and has a tenor of 2 years. The Facility is initially guaranteed by Olam Group Limited which will transfer to ofi Group Limited following the planned IPO and demerger of ofi. Proceeds from the Facility will be applied towards refinancing of ofi’s existing loans and general corporate purposes.
DBS and ICBC participated in the Facility as Mandated Lead Arrangers. DBS has been appointed as the Facility agent.
News
22nd Jul, 2025
Olam Group marks 6th consecutive year in FTSE4Good Index with higher ESG score
We’re proud to retain our place in the FTSE4Good Index Series for the sixth consecutive year, with our overall Environmental, Social and Governance (ESG) score improving to 3.6 out of 5.0, up from 3.3 a year ago.
Our overall ESG score is higher than the Food & Beverage sector average (both in the subsector for Food Products and the industry Consumer Goods sector) and the Country Average for Singapore.
On a segmental basis, we improved our Environment (3.4), Social (3.4) and Governance (4.0) over 2024 scores, notably in environmental supply chain, health & safety, and risk management. The Group also ranked superior across all Governance themes surveyed.
Sustainability forms a core fabric that is deeply embedded in the Group, working to build long-term value for communities, ecosystems and future generations. This year’s performance underscores our continued efforts to strengthen sustainability as we continue to enhance supply chain resilience, improve governance transparency,
Blog
20th Mar, 2023
Building a Business that Conserves Forests, One Step At a Time
“I have worked in the Congo basin for years, but nothing could have prepared me for the moment when I was just steps away from Buka, who belongs to one of the four groups of habituated silverback gorillas living in the vicinity of our forest concessions in the Congo Basin,” says Vincent Istace, Head of Corporate Responsibility & Sustainability at Congolaise Industrielle des Bois (CIB), an Olam Agri subsidiary.
Personal pictures of Paki Paki taken by Vincent Istace in 2021. © Vincent Istace
“This landscape is ideal for wildlife viewing compared to other natural forests in the area. The forest is more open, making it easier to see and spot gorillas and other wildlife. This feature has made sites such as Mondika one of the world’s most interesting spots for the study of great apes.
It may surprise some to hear that critical gorilla and chimpanzee habitats around the buffer zones of Nouabale-Ndoki National Park, are also where sustainable timber harvesting is practiced.”
Forest
