They are also aligned to the UN Sustainable Development Goals and the Planetary Boundaries as identified by the Stockholm Resilience Centre.
It is important to remember, many issues cannot be tackled in silos. In a smallholder landscape, climate change may impact on water availability and farmer livelihoods. In a processing facility, labour standards can impact on food safety. This is why Olam takes ‘a landscape’ approach to understand the potential risks and opportunities that an action can have in several others.
We listen to the opinions of stakeholders who include customers, communities, NGOs, Development Finance Institutions and banks, foundations, shareholders and employees. This leads to collaborations and partner programmes that enable us to scale positive impact more quickly and with greater reach than we could achieve alone.
Our 10 priority areas apply to both our direct (farming, processing, offices etc.) and indirect operations, namely our third-party sourcing through the estimated 5 million farmers in our supply chains. To see our targets and progress, please refer to the 2019 Annual Report and Global Reporting Initiative Report in the Investor Library.