We focus on full compliance with relevant international industry standards. In those instances where a recognised standard does not exist, we work with academic institutions, industry experts and NGOs to develop and implement our own.
We divide our upstream operations into:
Concessions (e.g. forestry) – managing our forestry operations to industry standards, safeguarding environmental stewardship and social welfare
Company Farms (e.g. rice) – we are applying recognised sustainable agricultural practices to minimise impact and maximise yields.
The Code defines the process and standards for managing the environmental and social requirements of acquisitions and new and existing upstream developments across the entire project life-cycle. It is applicable for Olam-owned and operated projects as well as partnerships and joint ventures in operating upstream enterprises. It is applied in conjunction with the Olam Living Landscapes Policy.