Olam collaborates and invests in partnerships and platforms to achieve sector impact. These include over 40 customer and NGO partnerships; research partnerships; and industry initiatives. In 2016, we instigated the Global Agri-business Alliance – the first of its kind with private sector companies across the entire value chain of food and non-food crops, focused on sustainability and development challenges. We are also active with initiatives led by the World Business Council for Sustainable Development – our CEO Sunny Verghese is Chair.
Investing in agricultural research to identify more resilient crop strains or find new methods to reduce resource inputs is a priority across the sector. In addition to focusing on our own operations, we are also stimulating action through the Olam Prize for Innovation in Food Security – a USD$75,000 fund to scale up proven research that carries a significant potential impact on the 4 'A's of food security: availability, accessibility, affordability and adequacy.