Olam Group Ltd 2023 AR2
The report highlights Olam Group Limited's performance and strategic progress in 2023, delivering a 10.1% growth in EBIT to S$1.8 billion despite challenging macroeconomic conditions. The company advanced its Re-organisation Plan, establishing independent boards for ofi and Olam Agri, while continuing to pursue listing options to unlock shareholder value. In sustainability, Olam Agri launched a global certified regenerative agriculture program in its cotton supply chain, and ofi introduced its 'Dairy Tracks' sustainability strategy. The group also expanded its use of digital platforms like AtSource and Terrascope to measure and manage Scope 1, 2, and 3 emissions, aiming for net-zero emissions by 2050.
Company: Olam Group Ltd
Sector: Consumer Staples
Country: Singapore
Year: 2023
Type: AR2
Pages: 292
Olam Group Ltd
Annual Report
The report highlights Olam Group Limited's performance and strategic progress in 2023, delivering a 10.1% growth in EBIT to S$1.8 billion despite challenging macroeconomic conditions. The company advanced its Re-organisation Plan, establishing independent boards for ofi and Olam Agri, while continuing to pursue listing options to unlock shareholder value. In sustainability, Olam Agri launched a global certified regenerative agriculture program in its cotton supply chain, and ofi introduced its 'Dairy Tracks' sustainability strategy. The group also expanded its use of digital platforms like AtSource and Terrascope to measure and manage Scope 1, 2, and 3 emissions, aiming for net-zero emissions by 2050.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
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 1:
Scope 2:
Scope 3:
Water Consumption
Women on Board
Workplace Fatalities
Net Zero Target
Employees