Published 04-25-17
Issued by ofi
Olam International has merged its Annual Report with its Corporate Responsibility and Sustainability Report for the first time, reflecting the interdependence of economic, social and environmental performance for the global agri-business and the importance of creating value across all three fronts.
Olam International has merged its Annual Report with its Corporate Responsibility and Sustainability Report for the first time, reflecting the interdependence of economic, social and environmental performance for the global agri-business and the importance of creating value across all three fronts.
The theme of the FY2016 Report, Maximising Value and Purpose, reflects the building blocks of an enduring business, according to Co-Founder and Group CEO, Sunny Verghese:
“The macro changes that the world is experiencing have long-term implications for how businesses are led, organised, managed and financed. At Olam, we must continue to maximise shareholder value while pursuing a purpose-driven model, providing consistent transparency, advancing sustainability and engaging with an ever-broadening community of stakeholders.”
The Report’s social and environmental sections discuss progress and challenges within Olam’s 7 material areas: Livelihoods, Labour, Food Security and Nutrition, Food Safety and Quality, Land, Water and Climate Change.
Highlights up to 31 December 2016 included:
Read the Annual Report Maximising Value and Purpose
Watch the CEO Perspective with Sunny Verghese
Read the Social Q&A and Environment Q&A with Dr Christopher Stewart, Head of Corporate Responsibility and Sustainability
Read the 2016 Olam Livelihood Report
Read the 2016 GRI report.
For further information on Olam International, visit www.olamgroup.com
About ofi
olam food ingredients (ofi) is a new operating group born out of Olam International. ofi offers sustainable, natural, value-added food products and ingredients so that consumers can enjoy the healthy and indulgent products they love. It consists of the industry-leading businesses of cocoa, coffee, dairy, nuts, and spices. ofi has built a unique global value chain presence including its own farms, farm-gate origination, and manufacturing facilities. ofi partners with customers, leveraging its complementary and differentiated portfolio of ‘on-trend’ food products, to co-create solutions that anticipate and meet changing consumer preferences as demand increases for healthier food that’s traceable and sustainable. To subscribe to the ofi newsroom (when the website is live on October 21) please visit www.ofi.com (privacy statement here). If you do not wish to receive information from ofi please contact media@olamnet.com. Follow @ofi-group