Olam Group Ltd 2020 AR2
The report highlights Olam International's performance and strategic progress during 2020, a year marked by the COVID-19 pandemic and the company's major re-organisation into two new operating groups, Olam Food Ingredients (OFI) and Olam Global Agri (OGA). Despite the challenging global environment, the company achieved a 36.0% growth in Operational PATMI to S$677.8 million, driven by strong demand for food staples. On the sustainability front, Olam expanded its digital footprinting platform, AtSource, to cover over 312,000 farmers, and achieved 100% traceability for its directly sourced cocoa beans. Additionally, the company committed over US$7 million in humanitarian aid globally to support communities and frontline workers during the pandemic.
Company: Olam Group Ltd
Sector: Wholesale & retail
Country: Singapore
Year: 2020
Type: AR2
Pages: 306
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Olam Group Ltd
Strategy Report Annual Report
The report highlights Olam International's performance and strategic progress during 2020, a year marked by the COVID-19 pandemic and the company's major re-organisation into two new operating groups, Olam Food Ingredients (OFI) and Olam Global Agri (OGA). Despite the challenging global environment, the company achieved a 36.0% growth in Operational PATMI to S$677.8 million, driven by strong demand for food staples. On the sustainability front, Olam expanded its digital footprinting platform, AtSource, to cover over 312,000 farmers, and achieved 100% traceability for its directly sourced cocoa beans. Additionally, the company committed over US$7 million in humanitarian aid globally to support communities and frontline workers during the pandemic.
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Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 3:
Renewable Energy
Women in Management
Workplace Fatalities
Employees