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Read about the latest developments across the business, including our global sustainability initiatives.
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Business practices informed and inspired by purpose.
Sustainability is woven into the fabric of our everyday decision making as a business, not as a separate goal or intention. We share a sense of purpose to Re-imagine Global Agriculture and Food Systems that motivates the actions of our workforce of around 40,000 full-time employees. Over 3,000 dedicated staff members are embedded in our organisation worldwide to help and support our businesses embrace sustainable practices, outcomes, and reporting.
Our Sustainability Framework enables us to translate our Purpose into practice, defining:
- Capital - We want to draw upon and build our capacity to innovate solutions, thereby creating added sustainable value for our company, as well as to prompt and promote it among the people and communities, and in the environment in which we operate.
- Engagement - Our ability to make an impact on the world is mapped against the UN Sustainable Development Goals (SDGs), and the 10 Principles of the UN Global Compact. We also map against stakeholder priorities.
- Implementation - There are 10 Priority Areas, arising from the issues on which our operations are best able to have impact, in which we specify challenges we're working to meet and the outcomes to which we aspire.
To:
- Understand and mitigate our environmental footprint
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- Improve the livelihoods of farmers and communities through initiatives that enhance productivity and return
- Unlock mutual value with all our partners through collaboration
- Ensure a safe, healthy and productive workplace for our people
- Participate in professional associations to further develop our key goals
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The Latest Sustainability News
29th Apr, 2021
Olam Food Ingredients accelerates its growth strategy with a transformative US acquisition
OFI to acquire Olde Thompson, a leading US private label spices and seasonings manufacturer, at an Enterprise Value (EV) of US$950 million
Aligned with OFI’s vision and accelerates its growth strategy of delivering sustainable, natural, value-added food and beverage ingredients and solutions
Transformative for OFI’s spices business – an attractive and growing part of its portfolio; and expands private label capabilities across the OFI portfolio
Expected to be earnings and margin accretive from the first-year onwards
Singapore
Olam Food Ingredients (“OFI”)1 is acquiring a leading US private label spices and seasonings manufacturer Olde Thompson at an EV of US$950 million through its wholly owned subsidiary Olam Holdings Inc.
This acquisition reinforces OFI’s growth strategy of being a global leader in providing sustainable, natural, value-added food and beverage ingredients and solutions so that consumers can enjoy the healthy and tasty products that they love. &nbs
6th Oct, 2020
Does Your Sustainability Reporting Start At The Source?
Sustainability reporting requires a lot of work, and it's only going to get more difficult over time as communities expect more from businesses and businesses demand more from themselves. That's where AtSource comes in, and why it's always getting better. AtSource CEO Roel Van Poppel explains…
The sustainability challenges facing our world and the efforts to meet them are immense. A variety of entities monitor and rate the activities of large businesses, including those in the food and agri-business industries. In fact, because their supply chains touch the farthest, most remote, and often the poorest communities on the planet, much is expected from them concerning how their operations impact and improve health, environmental, financial, and social well-being. Read more
5th May, 2021
Greater urgency and partnership are needed to kick-start a smallholder farmer recovery stuck on pause
The tidal impact of COVID-19 has resulted in humanitarian and economic consequences that have been felt across the globe. The progress made against the Sustainable Development Goals, particularly towards no poverty and zero hunger, has been seriously hampered since the pandemic took hold over one year ago. Hard-won gains such as reducing childhood stunting actually stand to be reversed.
An Olam-conducted survey of over 3,400 farmers across 19 countries has shown the impact smallholder farmers have seen to their incomes, livelihoods and their communities as changes and disruptions have been felt across global food and agricultural supply chains. Read the article by Julie Greene, Vice President of Corporate Responsibility & Sustainability, on Agri-Pulse and read our Farmer Barometer report here.
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