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  • Overall approach
    9/12
    • Overarching commitment on deforestation
      3/4
      Zero deforestation/Deforestation-free commitment or, for timber, pulp & paper companies only, commitment to well implemented harvest and no deforestation of HCV & HCS areas
      3/4
      "Implementing deforestation-free strategies: • We will support and promote deforestation-free strategies or initiatives, to end deforestation in our supply chains and to protect or restore forests at a regional, national, landscape, jurisdictional and/or local level where we operate."
    • Signatory to an initiative tackling deforestation
      1/1
      Yes
      1/1
      Company is a signatory to the UN Global Compact, lists sector collaborations on page 75 of 2020 annual report. Founding member of Global Agri-business Alliance
    • Awareness of the value of forests
      1/1
      Yes
      1/1
      "Unsustainable conversion or over-exploitation of forests and other natural habitats for food, fuel, fibre and other purposes threatens our natural life support systems, including soil, air, water, all living things, and the global climate, with serious implications for future generations."
    • Deforestation as a business risk
      1/1
      Yes
      1/1
      Does the company recognise the risk as financial, operational, competition, reputational, or other? Please detail.: Quality and reputational
      "we launched our Living Landscapes Policy in 2018. Our efforts to minimize and mitigate Natural Capital impacts (including trade-offs with other Capitals) have already led to learnings and innovation, as well as partnerships. These are in addition to the reduction of business risks regarding taxes (e.g. carbon emissions), fines (e.g. pollution) and reputational threats (e.g. deforestation)"
    • High-level management of deforestion
      1/1
      Yes
      1/1
      Which commodities does it apply to?: Palm oil; Soy; Timber; Pulp & Paper

      How often does the committee or board meet to assess company's progress on addressing deforestation-related issues?: 4 times a year
      "The Corporate Responsibility and Sustainability Committee continues to monitor the Company’s commitment towards net positive Living Landscapes participation in the Task Force on Climate-related Financial Disclosures (TCFD) "
    • Executive compensation linked to deforestation
    • Target to reduce emissions from land-use change
      2/2
      Yes
      2/2
      "By 2030 Reduce GHG emissions by 50% both in own operations and Olam-managed farmer programmes [...] However, balanced by an increase in the GHG intensity for own farms and estates (1.91 T CO2e/T product vs 1.22 in 2019), due to the increased volume production of high-intensity crops such as Almonds. For third-party (Scope 3) volumes, which account for 95% of the total emissions (Scope 1, 2 and 3) of 72.3m MT of CO2e in 2020, achieved a significant reduction in GHG intensity in 2020 from 2.0 to 1.7 TCO2e/MT and an absolute reduction of 14.3m MT CO2e (from 82.9m MT in 2019 to 68.6m MT in 2020). This was partly due to an increase in the proportion of low-intensity crops in our total volumes. Our supported farmer programmes are being assessed for GHG reductions pathways that will be implemented systematically across Olam."
    • Reporting on emissions from land-use change
      0/2
    • Disclosure of conservation activity
    • Disclosure of reforestation activity
      Yes
      0/0
      How many hectares of reforestation or restoration are being or have been conducted or facilitated by the company?: 4,000 hectares
       "Olam is Committed to supporting the restoration and preservation of 460,000 hectares of forêts classées in Côte d’Ivoire [...] Meanwhile in Mexico, Olam is part of the Alliance for Sustainable Landscapes and Markets project in partnership with USAID and Rainforest Alliance, which is reforesting 4,000 hectares in the protected biological corridor in Chiapas, contributing to Mexico’s goal of zero deforestation by 2030"
    • Target to reduce emissions in scope 1/2
      Yes
      0/0
      Type of climate target: Absolute zero emissions

      What is the target date for the company to achieve their climate target?: 2030
      By 2030: "Reduce GHG emissions by 50% both in own operations and Olam-managed farmer programmes" "For own volumes (Scope 1 and 2), in 2020 we achieved a significant reduction in GHG emissions intensity in our processing (0.13 TCO2e/T product, vs 0.19 in 2019)"
  • Commodity score
    34/88
    • Soy
      20/88
      • Commitment Strength
        0/20
        • Commitment to protect priority forests
          0/11
          • Commitment details
            No commitment
            0/8
          • Commitment applies to all regions, suppliers and operation
            No
            0/2
          • Target date
            No target date
            0/1
          • Interim target date
            No
            0/0.5
        • Commitment to a traceable supply chain
          0/9
          • Commitment details
            No traceability commitment
            0/5.3
          • Commitment applies to all regions, suppliers and operation
            No
            0/2
          • Target date
            No target date
            0/1
          • Interim target date
            No
            0/0.5
      • Social Considerations
        14/18
        • Labour rights in the supply chain
          Yes
          4/4
          Labour rights in the supply chain
          Yes
          4/4
          Details of commitment: ILO; Discrimination; Forced labour; Child labour; Freedom of association
          "The Olam Supplier Code (‘Code’) provides a comprehensive set of conditions to support Olam’s goal to purchase raw materials, products, services and various supplies (‘supplies’) that are produced in a manner that is socially responsible, economically profitable and environmentally sustainable. [...] Complying with the International Labour Organization (ILO) [...] Not using forced, involuntary or slave labour [...] Creating an inclusive work environment that avoids any form of discrimination [...] Respecting employees’ rights to form and join unions or other associations, and to bargain collectively [...] prohibiting child labour"
        • Inclusion of small-scale farmers
          Yes
          4/4
          Inclusion of small-scale farmers
          Yes
          4/4
          What is the nature of that support?: Technical assistance/support
          "Supporting smallholders by partnering with the International Institute of Tropical Agriculture in Ibadan"
        • Gender equality in the supply chain
          2/4
          Gender equality in the supply chain
          2/4
          "Ensure no exploitation within their operations by [...] Encouraging gender equality, equal access and empowerment of women"
        • Commitment to remediation
          No
          0/2
        • Commitment to ensure Free, Prior and Informed Consent
          Yes, the company commits to securing FPIC prior to acquiring new interests, developments, or expansions
          4/4
          Commitment to ensure Free, Prior and Informed Consent
          Yes, the company commits to securing FPIC prior to acquiring new interests, developments, or expansions
          4/4
          "Respect local com munities by; Respecting the rights of local communities and indigenous people and their cultural heritage, including Free, Prior and Informed Consent for new developments"
        • Commitment to resolve land conflicts
          No
      • Reporting and Implementation
        6/50
        • Reporting against commitments
          0/3
          • Commitment to protect priority forests
            No
            0/2.5
          • Commitment to a traceable supply chain
            No
            0/2.5
        • Reporting is independently verified
          0/2
          • Commitment to protect priority forests
            No
            0/1.5
          • Commitment to a traceable supply chain
            No
            0/1.5
        • Suppliers aligned with deforestation commitments across supply chain
          No
          0/2
        • Deforestation cut off date
          No
          0/2
        • Collaborative actions
          No
          0/2
        • Risk assessments for forest risk
          No
          0/2
        • Operations assessed to comply with law
          Yes
          2/2
          Operations assessed to comply with law
          Yes
          2/2
          "Supplier Code Principles [...] Respect the natural environment by: i. Complying with all relevant applicable laws and regulations relating to the protection of the environment. ii. Prohibiting the conversion (i.e. destruction or deforestation) and the sourcing of raw materials resulting from the conversion of the following natural areas: – Legally Protected Areas designated for the protection of nature, and Internationally Recognized Areas for conservation [...] Olam reserves the right to conduct (or have its designee conduct) announced and unannounced inspections of the Supplier’s facilities and business practices to verify compliance with this Code. On the assumption that Olam become aware of non-compliance with any aspect of the Code, Olam reserves the right to demand corrective measures. Olam also reserves the right to terminate an agreement with any supplier that is not in compliance with the requirements set forth in this document."
        • Accessible grievance mechanism
          Yes, publicly accessible grievance mechanism
          2/4
          Accessible grievance mechanism
          Yes, publicly accessible grievance mechanism
          2/4
          Which issues does the grievance mechanism cover?: Social; Environmental

          What is the nature of the grievance mechanism used by the company (own mechanism, that of external company, internationally recognised mechanism, etc.)?: hotline, phone, email, post
          Generic Grievance process - "Our Grievance Procedure applies to all our upstream operations and supply chain infrastructure (processing plants, warehouses and logistics hubs), and our third-party suppliers. It should be used to report and address breaches of relevant Olam Policies or Codes, resulting in illegality, exploitation of local communities or workers employed by Olam or a third-party supplier, or unacceptable practices in land use management as defined in the Olam Living Landscapes Policy and the Olam Supplier Code. [...] Raising a Grievance: The grievance may be made to: Address: Olam International - Grievance Manager New Zealand House, 80 Haymarket, London SW1Y 4TE. Tel: (+44) 20 7389 6464Email: crs@olamnet.com: Emails should be clearly titled ‘For Attention Of: Grievance Manager, Olam’ Grievances can also be addressed to the relevant Country Office as detailed on the location pages of this website. The grievance should include provision of the following information:• Your full name*• Name of your organization (if any)• Contact details (phone/fax/email/postal address)"
        • Report volumes of commodity
          No reporting
          0/2
        • Report verified volumes of commodity
          No disclosure
          0/6
        • Upstream: Monitor compliance with human rights
          Yes, commit to monitoring compliance with labour/worker rights
          2/4
          Upstream: Monitor compliance with human rights
          Yes, commit to monitoring compliance with labour/worker rights
          2/4
          Relating to the supplier code of conduct which contains all labour rights "Olam reserves the right to conduct (or have its designee conduct) announced and unannounced inspections of the Supplier’s facilities and business practices to verify compliance with this Code. On the assumption that Olam become aware of non-compliance with any aspect of the Code, Olam reserves the right to demand corrective measures. Olam also reserves the right to terminate an agreement with any supplier that is not in compliance with the requirements set forth in this document." [...] relating to FPIC - "Auditing On an annual basis the CR&S Function shall facilitate an internal audit of each upstream operation using the Internal Audit Checklist accompanying this Code."
        • Upstream: Impact assessments for land development/acquisition
          No
          0/4
        • Upstream: Reporting production/processing locations
          No disclosure
          0/4
        • Downstream: Publishing supplier lists
          No
          0/4
        • Upstream: Monitor compliance of production/processing
          No
          0/4
        • Upstream: Reporting hectares of deforestation
          No
          0/4
        • Downstream: Monitor compliance in supply chain
          No
          0/4
        • Downstream: Reporting hectares of deforestation
          No
          0/4
        • Downstream: Engagement with non-compliant suppliers
          No engagement or exclusion
          0/2
        • Downstream: Disclosure of non-compliant suppliers
          No disclosure
          0/2
    • Timber
      36/88
      • Commitment Strength
        4/20
        • Commitment to protect priority forests
          4/11
          • Commitment details
            Credible certification scheme
            2.7/8
            Commitment to protect priority forests
            Credible certification scheme
            2.7/8
            Which certification schemes are used?: FSC
            "We’re committed to sustainable and responsible forestry while developing the economy and improving living conditions for people living in and around our concessions. Our forest concessions in the Republic of Congo cover around two million hectares (ha) which are managed by our subsidiary Congolaise Industrielle des Bois (CIB). Around 1.8 million ha are FSC® certified (license numbers). CIB is the longest holder of FSC certification in the Congo Basin."
          • Commitment applies to all regions, suppliers and operation
            No
            0/2
            Commitment applies to all regions, suppliers and operation
            No
            0/2
            If no, what is excluded?: Subsidary; Location
            Only certified in the Congo by CIB - "We’re committed to sustainable and responsible forestry while developing the economy and improving living conditions for people living in and around our concessions. Our forest concessions in the Republic of Congo cover around two million hectares (ha) which are managed by our subsidiary Congolaise Industrielle des Bois (CIB). Around 1.8 million ha are FSC® certified (license numbers). CIB is the longest holder of FSC certification in the Congo Basin."
          • Target date
            Current/achieved
            1/1
            Target date
            Current/achieved
            1/1
            "Our forest concessions in the Republic of Congo cover around two million hectares (ha) which are managed by our subsidiary Congolaise Industrielle des Bois (CIB). Around 1.8 million ha are FSC® certified (license numbers)."
          • Interim target date
            NA (target date current or achieved or 2022)
            0.5/0.5
            Interim target date
            NA (target date current or achieved or 2022)
            0.5/0.5
            "Our forest concessions in the Republic of Congo cover around two million hectares (ha) which are managed by our subsidiary Congolaise Industrielle des Bois (CIB). Around 1.8 million ha are FSC® certified (license numbers)."
        • Commitment to a traceable supply chain
          0/9
          • Commitment details
            No traceability commitment
            0/5.3
          • Commitment applies to all regions, suppliers and operation
            No
            0/2
          • Target date
            No target date
            0/1
          • Interim target date
            No
            0/0.5
      • Social Considerations
        12/18
        • Labour rights in the supply chain
          Yes
          4/4
          Labour rights in the supply chain
          Yes
          4/4
          Other workers' rights commitments: Only work legal working hours; Guaranteed safe and healthy workspaces; Free from abusive practices/undue disciplinary procedures

          Details of commitment: Discrimination; Forced labour; Child labour; Freedom of association
          "The Olam Supplier Code (‘Code’) provides a comprehensive set of conditions to support Olam’s goal to purchase raw materials, products, services and various supplies (‘supplies’) that are produced in a manner that is socially responsible, economically profitable and environmentally sustainable. [...] Complying with the International Labour Organization (ILO) [...] Not using forced, involuntary or slave labour [...] Creating an inclusive work environment that avoids any form of discrimination [...] Respecting employees’ rights to form and join unions or other associations, and to bargain collectively [...] prohibiting child labour"
        • Inclusion of small-scale farmers
          No
          0/4
        • Gender equality in the supply chain
          2/4
          Gender equality in the supply chain
          2/4
          "Ensure no exploitation within their operations by [...] Encouraging gender equality, equal access and empowerment of women"
        • Commitment to remediation
          Yes
          2/2
          Commitment to remediation
          Yes
          2/2
          Type of harm covered: Social harm; Environmental harm
          "If unacceptable practices are reported in our own operations or those of third party suppliers, we will assess the extent and nature of non-compliance and establish a time-bound plan with our suppliers to address the issue and where necessary remediate material negative impacts of non-compliance."
        • Commitment to ensure Free, Prior and Informed Consent
          Yes, the company commits to securing FPIC prior to acquiring new interests, developments, or expansions
          4/4
          Commitment to ensure Free, Prior and Informed Consent
          Yes, the company commits to securing FPIC prior to acquiring new interests, developments, or expansions
          4/4
          Olam commit their suppliers to "Respecting the rights of local communities and indigenous people and their cultural heritage, including Free, Prior and Informed Consent for new developments
        • Commitment to resolve land conflicts
          No
      • Reporting and Implementation
        20/50
        • Reporting against commitments
          3/3
          • Commitment to protect priority forests
            Yes, for all commodity exposure
            2.5/2.5
            Commitment to protect priority forests
            Yes, for all commodity exposure
            2.5/2.5
            (Upstream 2.1 only) How many hectares of land owned, controlled or managed is certified?: 1.8 million hectares
            "Our forest concessions in the Republic of Congo cover around two million hectares (ha) which are managed by our subsidiary Congolaise Industrielle des Bois (CIB). Around 1.8 million ha are FSC® certified (license numbers)."
          • Commitment to a traceable supply chain
            No
            0/2.5
        • Reporting is independently verified
          2/2
          • Commitment to protect priority forests
            Yes, using a third-party verification scheme or certification scheme.
            1.5/1.5
            Commitment to protect priority forests
            Yes, using a third-party verification scheme or certification scheme.
            1.5/1.5
            Which tools, approaches, third-party verification, including certification, schemes are used?: FSC certification

            Which processes or groups does the company use for third party verification?: FSC
            "Our forest concessions in the Republic of Congo cover around two million hectares (ha) which are managed by our subsidiary Congolaise Industrielle des Bois (CIB). Around 1.8 million ha are FSC® certified (license numbers)."
          • Commitment to a traceable supply chain
            No
            0/1.5
        • Suppliers aligned with deforestation commitments across supply chain
          No
          0/2
        • Deforestation cut off date
          No
          0/2
        • Collaborative actions
          No
          0/2
        • Risk assessments for forest risk
          Yes
          2/2
          Risk assessments for forest risk
          Yes
          2/2
          How frequently are assessments conducted?: Ad Hoc
          "We will assess risks associated with our Policy requirements in our supply chains, and use these risk assessments to define priorities to be addressed by our businesses with our suppliers, partners and third parties."
        • Operations assessed to comply with law
          Yes
          2/2
          Operations assessed to comply with law
          Yes
          2/2
          "Supplier Code Principles [...] Respect the natural environment by: i. Complying with all relevant applicable laws and regulations relating to the protection of the environment. ii. Prohibiting the conversion (i.e. destruction or deforestation) and the sourcing of raw materials resulting from the conversion of the following natural areas: – Legally Protected Areas designated for the protection of nature, and Internationally Recognized Areas for conservation [...] Olam reserves the right to conduct (or have its designee conduct) announced and unannounced inspections of the Supplier’s facilities and business practices to verify compliance with this Code. On the assumption that Olam become aware of non-compliance with any aspect of the Code, Olam reserves the right to demand corrective measures. Olam also reserves the right to terminate an agreement with any supplier that is not in compliance with the requirements set forth in this document."
        • Accessible grievance mechanism
          Yes, publicly accessible grievance mechanism
          2/4
          Accessible grievance mechanism
          Yes, publicly accessible grievance mechanism
          2/4
          Which issues does the grievance mechanism cover?: Social; Environmental
          Generic Grievance process - "Our Grievance Procedure applies to all our upstream operations and supply chain infrastructure (processing plants, warehouses and logistics hubs), and our third-party suppliers. It should be used to report and address breaches of relevant Olam Policies or Codes, resulting in illegality, exploitation of local communities or workers employed by Olam or a third-party supplier, or unacceptable practices in land use management as defined in the Olam Living Landscapes Policy and the Olam Supplier Code. [...] Raising a Grievance: The grievance may be made to: Address: Olam International - Grievance Manager New Zealand House, 80 Haymarket, London SW1Y 4TE. Tel: (+44) 20 7389 6464Email: crs@olamnet.com: Emails should be clearly titled ‘For Attention Of: Grievance Manager, Olam’ Grievances can also be addressed to the relevant Country Office as detailed on the location pages of this website. The grievance should include provision of the following information:• Your full name*• Name of your organization (if any)• Contact details (phone/fax/email/postal address)"
        • Report volumes of commodity
          No reporting
          0/2
        • Report verified volumes of commodity
          No disclosure
          0/6
        • Upstream: Monitor compliance with human rights
          Yes, commit to monitoring compliance with labour/worker rights
          2/4
          Upstream: Monitor compliance with human rights
          Yes, commit to monitoring compliance with labour/worker rights
          2/4
          Relating to the supplier code of conduct which contains all labour rights "Olam reserves the right to conduct (or have its designee conduct) announced and unannounced inspections of the Supplier’s facilities and business practices to verify compliance with this Code. On the assumption that Olam become aware of non-compliance with any aspect of the Code, Olam reserves the right to demand corrective measures. Olam also reserves the right to terminate an agreement with any supplier that is not in compliance with the requirements set forth in this document."
        • Upstream: Impact assessments for land development/acquisition
          Yes
          4/4
          Upstream: Impact assessments for land development/acquisition
          Yes
          4/4
          "Our own operations must avoid or mitigate potential negative impacts, therefore all investment cases for any new developments must undergo environmental and social impact assessments and implement the relevant management plans. For our existing operations, we are guided by our Risk Appetite Framework, as well as a suite of Policies, Codes and Standards."
        • Upstream: Reporting production/processing locations
          Reports location of un-certified land holdings; Reports location of company-owned processing facilities
          2/4
          Upstream: Reporting production/processing locations
          Reports location of un-certified land holdings; Reports location of company-owned processing facilities
          2/4
          What is the total area in production (in ha)?: 0 not specified

          For what percent are point locations (of land holdings and processing facilities) disclosed: 60%

          In what country(ies) does the company operate and/or source material?: Gabon and Cameroon

          What is the total area (in ha) of natural ecosystem on land owned, managed, or controlled by the company?: 2 million hectares
          Limited maps of concessions and sawmill locations are given. 3 of total 5 sawmills have locations disclosed. Map is not complete, as does not include concessions in Republic of Congo, only Gabon and Cameroon. Implied that the only concessions with FSC certification are in Republic of Congo: "Olam maintains FSC certification for 100% of its natural forest concessions in the Republic of Congo"
        • Downstream: Publishing supplier lists
          No
          0/4
        • Upstream: Monitor compliance of production/processing
          Yes, using an internal verification system
          4/4
          Upstream: Monitor compliance of production/processing
          Yes, using an internal verification system
          4/4
          Does the company use a jurisdictional monitoring mechanism?: No

          How frequently is compliance assessed?: Ad Hoc / not specified

          Does the company use a certification system?: Yes
          "Where Olam controls operations, our Living Landscapes Policy requirements will be integrated in our own detailed framework for due diligence, planning, standard operating procedures, and reporting. For our own plantations and farms, this detailed framework will continue to be the Olam Plantations, Concessions and Farms Code (OPCF), which covers our requirements for social and environmental due diligence [...] Our businesses may choose to comply with credible international certification standards3 where available, and supplement certification requirements with additional elements of the Living Landscapes Policy. As the parent company of FSC®-certified operations, Olam abides by FSC® Codes4 , rules, and regulations, including the Policy for Association.[...] Where we control operations, our existing codes and policies already specify the elimination of unacceptable practices [...] We will analyse any gaps in the other codes and strategies applying to our own farms and plantations and integrate the new commitments and requirements of this Policy."
        • Upstream: Reporting hectares of deforestation
          No
          0/4
        • Downstream: Monitor compliance in supply chain
          Yes, for its suppliers
          3/4
          Downstream: Monitor compliance in supply chain
          Yes, for its suppliers
          3/4
          How frequently is compliance assessed?: Ad Hoc / not specified

          Details of monitoring: Using internal monitoring and verification systems
          "Where we source food, fibre and timber products from third parties, and therefore do not directly control operations, we work with our suppliers to ensure that they conform to our Policies, including the Living Landscapes Policy, through the application of the Olam Supplier Code, OSC, or through a product-specific Policy [...]  The requirement to eliminate unacceptable land use practices applies to all our suppliers from the date of publication of this Policy and our businesses may choose to adopt an earlier date according to the demands of their sector. [...] Implementation, monitoring and evaluation - Each Olam business will take a risk-based approach to address the ambition, objectives and commitments of this Policy, and establish strategies and plans appropriate to our role in growing, sourcing, processing and trading each crop and commodity. Our time-bound commitments for implementing this policy are detailed in section VI and in the accompanying document on eliminating unacceptable practices. [...] Building on the current roll-out of the Olam Supplier Code, we will continue to improve our engagement with third-party suppliers through a global, Olam-wide mechanism for supplier engagement and monitoring to be adopted and rolled out by all businesses" 
        • Downstream: Reporting hectares of deforestation
          No
          0/4
        • Downstream: Engagement with non-compliant suppliers
          Engage with suppliers with a time-bound threat of exclusion
          2/2
          Downstream: Engagement with non-compliant suppliers
          Engage with suppliers with a time-bound threat of exclusion
          2/2
          What type of support does the company offer to its suppliers to help them achieve compliance with commitments?: training and planning 

          Does the company engage non-compliant indirect suppliers in order to address and remedy non-compliance?: No
          "If unacceptable practices are reported in our own operations or those of third party suppliers, we will assess the extent and nature of non-compliance and establish a time-bound plan with our suppliers to address the issue and where necessary remediate material negative impacts of non-compliance. • We will disengage from suppliers who are unable to demonstrate positive steps to eliminate unacceptable practices in a time-bound manner."
        • Downstream: Disclosure of non-compliant suppliers
          No disclosure
          0/2
    • Palm oil *
      75/88
      • Commitment Strength
        18/20
        • Commitment to protect priority forests
          6/8
          • Commitment details
            Zero-gross deforestation
            4/6
            Commitment to protect priority forests
            Zero-gross deforestation
            4/6
            Which certification schemes are used?: RSPO
            Olam require the following from their own operations: "Effectively implement the RSPO Standard in Olam-owned operations and to all subsidiary companies, joint ventures and areas in which we have management control. [...] No deforestation of protected areas. • No deforestation or conversion of high conservation value (HCV) forests and ecosystems2 . • No deforestation or conversion of high carbon stock (HCS) forests3 . • Zero burning including no use of fire during land preparation, planting or replanting. • No development on peatland regardless of depth. [...] 100% RSPO-certified Palm Oil plantations by 2021" "All suppliers are expected to uphold our Sustainable Palm Oil Policy as a pre-requisite (“No HCV, No HCS, No Peat and No Exploitation”).5 • Our suppliers must also implement full compliance to the Olam Supplier Code (OSC), to RSPO, or to a Code that is equivalent to the OSC and approved by Olam. [...] transformation of the palm oil supply chain through engagement with our direct suppliers."
          • Commitment applies to all regions, suppliers and operation
            Yes
            1.3/1.3
            Commitment applies to all regions, suppliers and operation
            Yes
            1.3/1.3
            All suppliers are expected to uphold our Sustainable Palm Oil Policy as a pre-requisite (“No HCV, No HCS, NoPeat and No Exploitation”) [...] Our suppliers must also implement full compliance to the Olam Supplier Code (OSC), to RSPO, or to a Code that is equivalent to the OSC and approved by Olam." Olam report that all Gabon Palm plantations are fully compliant with their Sustainable Palm Policy and they have a commitment to be fully RSPO certified by 2021."
          • Target date
            2021
            0.7/0.7
            Target date
            2021
            0.7/0.7
            All suppliers are expected to uphold our SustainablePalm Oil Policy as a pre-requisite (“No HCV, No HCS, NoPeat and No Exploitation”) [...] Our suppliers must also implement full compliance to the Olam Supplier Code (OSC), to RSPO, or to a Code that is equivalent to the OSC and approved by Olam." Olam report that all Gabon Palm plantations are fully compliant with their Sustainable Palm Policy and they have a commitment to be fully RSPO certified by 2021."
          • Interim target date
            No
            0/0.3
            Interim target date
            No
            0/0.3
             Olam require the following from their own operations: "Effectively implement the RSPO Standard in Olam-owned operations and to all subsidiary companies, joint ventures and areas in which we have management control. [...] No deforestation of protected areas. • No deforestation or conversion of high conservation value (HCV) forests and ecosystems2 . • No deforestation or conversion of high carbon stock (HCS) forests3 . • Zero burning including no use of fire during land preparation, planting or replanting. • No development on peatland regardless of depth. [...] 100% RSPO-certified Palm Oil plantations by 2021"
        • Commitment to protect High Carbon Stock areas and/or peatlands
          5/5
          • Commitment details
            Yes
            3/3
            Commitment to protect High Carbon Stock areas and/or peatlands
            Yes
            3/3
            Type of commitment: HCS; Peat
            "No deforestation of HCV, HCS and peat"
          • Commitment applies to all regions, suppliers and operation
            Yes
            1.3/1.3
            Commitment applies to all regions, suppliers and operation
            Yes
            1.3/1.3
            "No deforestation of HCV, HCS and peat"
          • Target date
            2021
            0.7/0.7
            Target date
            2021
            0.7/0.7
            Gives 2021 as target date for 100% RSPO certification
          • Interim target date
            NA (target date current or achieved or 2022)
            0.3/0.3
            Interim target date
            NA (target date current or achieved or 2022)
            0.3/0.3
            Gives 2021 as target date for 100% RSPO certification
        • Commitment to a traceable supply chain
          6/6
          • Commitment details
            Traces to Point of production
            4/4
            Commitment to a traceable supply chain
            Traces to Point of production
            4/4
            "Traceability and responsible supply chain [...] Commitment: 100% traceability back to mill [...] Work with suppliers to establish traceability back to plantations and farms by 2020 [...] "Through our Palm Dashboard we chart the progress we’ve made against our roadmap of commitments detailed in the Sustainable Palm Oil Policy. This is published on a quarterly basis. Traceability to plantation 2020: 29% [...] Traceability to mill 2020: 100%"
          • Commitment applies to all regions, suppliers and operation
            Yes
            1.3/1.3
            Commitment applies to all regions, suppliers and operation
            Yes
            1.3/1.3
            "Traceability and responsible supply chain [...] Commitment: 100% traceability back to mill [...] Work with suppliers to establish traceability back to plantations and farms by 2020 [...] "Through our Palm Dashboard we chart the progress we’ve made against our roadmap of commitments detailed in the Sustainable Palm Oil Policy. This is published on a quarterly basis. Traceability to plantation 2020: 29% [...] Traceability to mill 2020: 100%"
          • Target date
            Current/achieved
            0.7/0.7
            Target date
            Current/achieved
            0.7/0.7
            "Traceability and responsible supply chain [...] Commitment: 100% traceability back to mill [...] Work with suppliers to establish traceability back to plantations and farms by 2020 [...] "Through our Palm Dashboard we chart the progress we’ve made against our roadmap of commitments detailed in the Sustainable Palm Oil Policy. This is published on a quarterly basis. Traceability to plantation 2020: 29% [...] Traceability to mill 2020: 100%"
          • Interim target date
            NA (target date current or achieved or 2022)
            0.3/0.3
            Interim target date
            NA (target date current or achieved or 2022)
            0.3/0.3
            "Traceability and responsible supply chain [...] Commitment: 100% traceability back to mill [...] Work with suppliers to establish traceability back to plantations and farms by 2020 [...] "Through our Palm Dashboard we chart the progress we’ve made against our roadmap of commitments detailed in the Sustainable Palm Oil Policy. This is published on a quarterly basis. Traceability to plantation 2020: 29% [...] Traceability to mill 2020: 100%"
      • Social Considerations
        18/18
        • Labour rights in the supply chain
          Yes
          4/4
          Labour rights in the supply chain
          Yes
          4/4
          Other workers' rights commitments: Only work legal working hours; Guaranteed safe and healthy workspaces; Free from abusive practices/undue disciplinary procedures

          Details of commitment: ILO; Discrimination; Forced labour; Child labour; Freedom of association
          "The Olam Supplier Code (‘Code’) provides a comprehensive set of conditions to support Olam’s goal to purchase raw materials, products, services and various supplies (‘supplies’) that are produced in a manner that is socially responsible, economically profitable and environmentally sustainable. [...] Complying with the International Labour Organization (ILO) [...] Not using forced, involuntary or slave labour [...] Creating an inclusive work environment that avoids any form of discrimination [...] Respecting employees’ rights to form and join unions or other associations, and to bargain collectively [...] prohibiting child labour"
        • Inclusion of small-scale farmers
          Yes
          4/4
          Inclusion of small-scale farmers
          Yes
          4/4
          How many smallholders do they support, and what percentage does this represent in terms of their sourcing from smallholders?: 760,000

          What is the nature of that support?: Technical assistance/support; Education and training; Economic
          "There are 760,000 smallholders in Olam’s sustainability programmes - an uplift of 40% over the last two years, with farms covering 1.4 million hectares. Our approach to unlocking the economic potential of farmers through these programmes, was initially set in 2011 by the principles of the Olam Livelihood Charter which have now been absorbed into the framework of our sustainability insights platform AtSource, with its economic and social indicators. [...] The primary focus is to equip farmers with the knowledge and tools they need to achieve more crop from the same land, at a better quality and therefore higher income."
        • Gender equality in the supply chain
          Commitment to address the inclusion of women and ensure equality in commodity supply chains
          4/4
          Gender equality in the supply chain
          Commitment to address the inclusion of women and ensure equality in commodity supply chains
          4/4
          "Ensure no exploitation within their operations by [...] Encouraging gender equality, equal access and empowerment of women" [...] "Our 2020 goal set in 2015, was to support 100,000 women to have access to economic opportunities, including female farmers, processors, distributors, and workers supported or employed by Olam. We achieved: • More than 146,000 female farmers receiving sustainability support (19% of the total and a 6%-point increase on 2019, particularly due to the cotton programmes starting in Chad). • 10,350 women in our primary workforce. • 15,150 women in our secondary workforce."
        • Commitment to remediation
          Yes
          2/2
          Commitment to remediation
          Yes
          2/2
          Type of harm covered: Social harm; Environmental harm
          "Olam has committed to meeting the FLA Workplace Code of Conduct for the Agriculture Sector and develop remediation plans for identified non-compliances." [...] "Corrective action for non-compliance after cut off date (Feb 2017) may include compensation/ conservation/ restoration of peatland or forest by working with expert stakeholders and communities where feasible. This applies to both their own plantations and their third party supplies."
        • Commitment to ensure Free, Prior and Informed Consent
          Yes, the company commits to securing FPIC prior to acquiring new interests, developments, or expansions
          4/4
          Commitment to ensure Free, Prior and Informed Consent
          Yes, the company commits to securing FPIC prior to acquiring new interests, developments, or expansions
          4/4
          " Community rights and access will be addressed through FPIC"
        • Commitment to resolve land conflicts
          Yes
          Commitment to resolve land conflicts
          Yes
          0/0
          "In the event of a possible conflict over the land ownership and use rights of riparian communities, forestry operations that are the direct cause of the conflict may be delayed or suspended until the conflict is resolved."
      • Reporting and Implementation
        39/50
        • Reporting against commitments
          2/2
          • Commitment to protect priority forests
            Yes, for all commodity exposure
            1.7/1.7
            Commitment to protect priority forests
            Yes, for all commodity exposure
            1.7/1.7
            "The Olam Palm Gabon plantations have a total RSPO-certified area of 112,455 ha – 78% of total palm concessions. The team is on track for 100% by the end of 2021. "
          • Commitment to protect High Carbon Stock areas and/or peatlands
            Yes, for all commodity exposure
            1.7/1.7
            Commitment to protect High Carbon Stock areas and/or peatlands
            Yes, for all commodity exposure
            1.7/1.7
            Does the company report on the degree of compliance/progress with commitments, disaggregated by relevant factors such as origin or supply chain stage?: Yes
            Palm Oil Dashboard is released quarterly. Mills and KCP are 100% RSPO certified as of Q2 2021
          • Commitment to a traceable supply chain
            Yes, for all commodity exposure
            1.7/1.7
            Commitment to a traceable supply chain
            Yes, for all commodity exposure
            1.7/1.7
            "Traceability and responsible supply chain [...] Commitment: 100% traceability back to mill [...] Work with suppliers to establish traceability back to plantations and farms by 2020 [...] "Through our Palm Dashboard we chart the progress we’ve made against our roadmap of commitments detailed in the Sustainable Palm Oil Policy. This is published on a quarterly basis. Traceability to plantation 2020: 29% [...] Traceability to mill 2020: 100%"
        • Reporting is independently verified
          0/1
          • Commitment to protect priority forests
            Yes, using a third-party verification scheme or certification scheme.
            1/1
            Commitment to protect priority forests
            Yes, using a third-party verification scheme or certification scheme.
            1/1
            Which processes or groups does the company use for third party verification?: RSPO Certification 

            Which tools, approaches, third-party verification, including certification, schemes are used?: RSPO Certification 
            "The Olam Palm Gabon plantations have a total RSPO-certified area of 112,455 ha – 78% of total palm concessions. The team is on track for 100% by the end of 2021. "
          • Commitment to protect High Carbon Stock areas and/or peatlands
            Yes, using a third-party verification scheme or certification scheme.
            1/1
            Commitment to protect High Carbon Stock areas and/or peatlands
            Yes, using a third-party verification scheme or certification scheme.
            1/1
            Which processes or groups does the company use for third party verification?: RSPO

            Which tools, approaches, third-party verification, including certification, schemes are used?: RSPO
            Mills and KCP are 100% RSPO certified as of Q2 2021
          • Commitment to a traceable supply chain
            No
            0/1
        • Suppliers aligned with deforestation commitments across supply chain
          Yes, encouraged
          0/2
          Suppliers aligned with deforestation commitments across supply chain
          Yes, encouraged
          0/2
          "Commitment to ensuring our third party suppliers provide palm oil that complies with “No HCV, No HCS, No Peat and No Exploitation” [...] We have zero tolerance for forest burning, and we expect suppliers to take immediate action if burning is found in their supply chain."
        • Deforestation cut off date
          Yes, for all sourcing regions/operations
          2/2
          Deforestation cut off date
          Yes, for all sourcing regions/operations
          2/2
          What cut-off date is specified?: Feb 2017
          "We will request our direct supplier(s) to suspend the producer/ mill, engagement could continue for corrective action. Corrective action for non-compliance after cut off date (Feb 2017) may include compensation/ conservation/ restoration of peatland or forest by working with expert stakeholders and communities where feasible. This applies to both their own plantations and their third party supplies."
        • Collaborative actions
          Yes
          2/2
          Collaborative actions
          Yes
          2/2
          What initiatives does the company participate in?:  Spatial Monitoring and Reporting Tool

          What is the nature of that participation?: Attending & contributing to meetings; Providing support/advice/experience/expertise
          "Working with Gabon’s National Park Agency and the Ministry of Forests, OPG implements a biodiversity management plan, with antipoaching policies, to protect iconic species including elephants, gorillas and chimpanzees. In 2019, the team partnered with WWF Gabon to roll out SMART (Spatial Monitoring and Reporting Tool) software to monitor wildlife that live in the protected areas within our concessions. The GPS-enabled tool allows the team to record observations within the 72,000 ha of High Conservation Value (HCV) areas."
        • Risk assessments for forest risk
          Yes
          2/2
          Risk assessments for forest risk
          Yes
          2/2
          How frequently are assessments conducted?: not specified
          "Since February 2011, when we first started development, we have fully complied with the RSPO New Plantings Procedure (inclusive of full ESIAs, HCV assessments and Free, Prior and Informed Consent activities), covering all our upstream activities [...] Since January 2015, all our High Conservation Value (HCV) assessments have been carried out in compliance with the HCV Resource Network’s quality control process, i.e. conducted by independent assessors and peer-reviewed as required per the HCV Assessor Licensing Scheme (ALS)"
        • Operations assessed to comply with law
          Yes
          2/2
          Operations assessed to comply with law
          Yes
          2/2
          "Supplier Code Principles [...] Respect the natural environment by: i. Complying with all relevant applicable laws and regulations relating to the protection of the environment. ii. Prohibiting the conversion (i.e. destruction or deforestation) and the sourcing of raw materials resulting from the conversion of the following natural areas: – Legally Protected Areas designated for the protection of nature, and Internationally Recognized Areas for conservation [...] Olam reserves the right to conduct (or have its designee conduct) announced and unannounced inspections of the Supplier’s facilities and business practices to verify compliance with this Code. On the assumption that Olam become aware of non-compliance with any aspect of the Code, Olam reserves the right to demand corrective measures. Olam also reserves the right to terminate an agreement with any supplier that is not in compliance with the requirements set forth in this document."
        • Accessible grievance mechanism
          Yes, and published details of any grievances within the last two years (2019-2021)
          4/4
          Accessible grievance mechanism
          Yes, and published details of any grievances within the last two years (2019-2021)
          4/4
          What is the nature of the grievance mechanism used by the company (own mechanism, that of external company, internationally recognised mechanism, etc.)?: hotline, phone, email, post

          Does the company publish grievances that have been made against it, as well as responses and resolutions including status and timeframes: Yes

          Which issues does the grievance mechanism cover?: Social; Environmental
          Palm Grievance ProcedureWe recognise that feedback and input from stakeholders is valuable because it helps drive best practices, evaluate compliance of our suppliers and increase transparency in our supply chains. [...] Our Grievance Procedure describes how we handle any grievance from any external parties, employees, individuals, communities and non-governmental organisations, concerning the implementation of our Policy.For our third-party sourcing, supplier selection and screening is an ongoing process, and suppliers may change over time, according to market dynamics. [... ] The Grievance Procedures are provided here and our Grievance log here. Grievances can be submitted through any of the following channels: By email to: palmsustainability@olamnet.com: By telephone to: +603 64116771: By fax to: +603 64416772: In writing to: Attention of: Palm SustainabilityC-4-2-10, Solaris Dutamas, No 1 Jalan Dutamas 1,   50480 Kuala Lumpur,Malaysia"
        • Report volumes of commodity
          Reporting total volume
          2/2
          Report volumes of commodity
          Reporting total volume
          2/2
          Total/partial volume reported: 82,152.05 tonnes
          RSPO ACOP reports 82,152.05 tonnes of crude palm oil and palm kernel
        • Report verified volumes of commodity
          100%
          6/6
          Report verified volumes of commodity
          100%
          6/6
          What third-party verification is used?: RSPO

          What is the certified volume?: 88,202.45 tonnes

          What is the non-certified/non-compliant volume?: 0%

          For what percent of the company's supply volume is third-party verification of performance relative to commitments conducted?: 107%
          30,000 tonnes come from RSPO Credits, which have been over-bought, giving >100% certification. In addition, they only mark their palm oil as certified when selling to Europe. In practice, 13,724 tonnes are mass-balance certified and sold as RSPO-certified.
        • Upstream: Monitor compliance with human rights
          Yes, commit to monitoring compliance with labour/worker rights
          2/4
          Upstream: Monitor compliance with human rights
          Yes, commit to monitoring compliance with labour/worker rights
          2/4
          Relating to the supplier code of conduct which contains all labour rights "Olam reserves the right to conduct (or have its designee conduct) announced and unannounced inspections of the Supplier’s facilities and business practices to verify compliance with this Code. On the assumption that Olam become aware of non-compliance with any aspect of the Code, Olam reserves the right to demand corrective measures. Olam also reserves the right to terminate an agreement with any supplier that is not in compliance with the requirements set forth in this document." [...] relating to FPIC - "Auditing On an annual basis the CR&S Function shall facilitate an internal audit of each upstream operation using the Internal Audit Checklist accompanying this Code."
        • Upstream: Impact assessments for land development/acquisition
          Yes
          4/4
          Upstream: Impact assessments for land development/acquisition
          Yes
          4/4
          "Environmental and Social Impact Assessments In order to provide a consistent approach across Olam, the Terms of Reference for the ESIA shall be carried out using the detailed guidance accompanying the Code. ESIAs shall also include High Carbon Value (HCV) assessments and Free Prior Informed Consent (FPIC) procedures where applicable, and consider measures to avoid or mitigate Greenhouse Gas (GHG) emissions. An ESIA aims to establish a project’s environmental and social baseline and propose mitigation measures through management and monitoring plans for the duration of the upstream operation. The ESIA, HCV and FPIC shall form part of the project review to receive final approval."
        • Upstream: Reporting production/processing locations
          Reports location of certified land holdings only; Reports location of company-owned processing facilities
          2/4
          Upstream: Reporting production/processing locations
          Reports location of certified land holdings only; Reports location of company-owned processing facilities
          2/4
          In what country(ies) does the company operate and/or source material?: Gabon, Africa

          What is the total area in production (in ha)?: 202,000 ha

          For what percent are boundaries disclosed?: 100%
          Olam Palm Gabon plantation statistics [...] 202,000 ha Concession land area of which 112,455 ha are certified [...] 99,000 ha are protected as High Conservation Value areas"
        • Downstream: Publishing supplier lists
          Yes, report direct suppliers
          2/4
          Downstream: Publishing supplier lists
          Yes, report direct suppliers
          2/4
          From what country(ies) does the company source material?: Nigeria, Multiple - boundaries disclosed

          For what percent are boundaries disclosed?: 100%
          Olam report their supplier and mill list, including boundaries and whether or not the supplier is RSPO certified
        • Upstream: Monitor compliance of production/processing
          Yes, using an internal verification system
          4/4
          Upstream: Monitor compliance of production/processing
          Yes, using an internal verification system
          4/4
          How frequently is compliance assessed?: Annually

          Does the company use a certification system?: Yes

          Does the company use a jurisdictional monitoring mechanism?: No

          For what percentage of production or primary processing operations that it owns, manages, or otherwise controls does the company use external processes or actors, such as certification, to monitor compliance?: 100%
          "Monitoring Each upstream operation shall implement KPIs and routinely report against them for each of their relevant ESMP requirements. Additionally, they shall report their status against the CR&S controls in Olam’s quarterly Control Management System. The results shall be reviewed by the CR&S Function with any significant issues escalated to the relevant product business management and the CR&S Executive Committee (CR&S ExCo).[...] Auditing On an annual basis the CR&S Function shall facilitate an internal audit of each upstream operation using the Internal Audit Checklist accompanying this Code"
        • Upstream: Reporting hectares of deforestation
          No
          0/4
        • Downstream: Monitor compliance in supply chain
          Yes, for its suppliers production or primary processing operations in its supply chains
          4/4
          Downstream: Monitor compliance in supply chain
          Yes, for its suppliers production or primary processing operations in its supply chains
          4/4
          How frequently is compliance assessed?: Ah hoc

          Details of monitoring: Using certification; Using internal monitoring and verification systems

          What percentage of the company's supply chain volume does that represent?: 100%
          "Supplier Code Principles: Respect the natural environment by: Prohibiting the conversion (i.e. destruction or deforestation) and the sourcing of raw materials resulting from the conversion of the following natural areas (etc) [...] Olam reserves the right to conduct (or have its designee conduct) announced and unannounced inspections of the Supplier’s facilities and business practices to verify compliance with this Code. On the assumption that Olam become aware of non-compliance with any aspect of the Code, Olam reserves the right to demand corrective measures. Olam also reserves the right to terminate an agreement with any supplier that is not in compliance with the requirements set forth in this document"
        • Downstream: Reporting hectares of deforestation
          No
          0/4
        • Downstream: Engagement with non-compliant suppliers
          Suspend suppliers, engage to bring into compliance, and reintroduce to the supply chain
          2/2
          Downstream: Engagement with non-compliant suppliers
          Suspend suppliers, engage to bring into compliance, and reintroduce to the supply chain
          2/2
          Does the company engage non-compliant indirect suppliers in order to address and remedy non-compliance?: Yes
          "Suspend non-complying suppliers and engage for corrective actions"
        • Downstream: Disclosure of non-compliant suppliers
          Yes, engaged; Yes, excluded
          2/2
          Downstream: Disclosure of non-compliant suppliers
          Yes, engaged; Yes, excluded
          2/2
          Does the company have a list of blacklisted or otherwise excluded suppliers or producers?: no
          " 3 suppliers suspended in 2020 (and 2 re-enter according to the re-entry protocol)"
    • Pulp & Paper *
      20/88
      • Commitment Strength
        0/20
        • Commitment to protect priority forests
          0/8
          • Commitment details
            No commitment
            0/6
          • Commitment applies to all regions, suppliers and operation
            No
            0/1.3
          • Target date
            No target date
            0/0.7
          • Interim target date
            No
            0/0.3
        • Commitment to reduce use of virgin wood fibre
          0/5
          • Commitment details
            No
            0/3
          • Commitment applies to all regions, suppliers and operation
            No
            0/1.3
          • Target date
            No target date
            0/0.7
          • Interim target date
            No
            0/0.3
        • Commitment to a traceable supply chain
          0/6
          • Commitment details
            No traceability commitment
            0/4
          • Commitment applies to all regions, suppliers and operation
            No
            0/1.3
          • Target date
            No target date
            0/0.7
          • Interim target date
            No
            0/0.3
      • Social Considerations
        12/18
        • Labour rights in the supply chain
          Yes
          4/4
          Labour rights in the supply chain
          Yes
          4/4
          Other workers' rights commitments: Only work legal working hours; Guaranteed safe and healthy workspaces; Free from abusive practices/undue disciplinary procedures

          Details of commitment: ILO; Discrimination; Forced labour; Child labour; Freedom of association
          "The Olam Supplier Code (‘Code’) provides a comprehensive set of conditions to support Olam’s goal to purchase raw materials, products, services and various supplies (‘supplies’) that are produced in a manner that is socially responsible, economically profitable and environmentally sustainable. [...] Complying with the International Labour Organization (ILO) [...] Not using forced, involuntary or slave labour [...] Creating an inclusive work environment that avoids any form of discrimination [...] Respecting employees’ rights to form and join unions or other associations, and to bargain collectively [...] prohibiting child labour"
        • Inclusion of small-scale farmers
          No
          0/4
        • Gender equality in the supply chain
          2/4
          Gender equality in the supply chain
          2/4
          "Ensure no exploitation within their operations by [...] Encouraging gender equality, equal access and empowerment of women"
        • Commitment to remediation
          Yes
          2/2
          Commitment to remediation
          Yes
          2/2
          Type of harm covered: Social harm; Environmental harm
          "If unacceptable practices are reported in our own operations or those of third party suppliers, we will assess the extent and nature of non-compliance and establish a time-bound plan with our suppliers to address the issue and where necessary remediate material negative impacts of non-compliance."
        • Commitment to ensure Free, Prior and Informed Consent
          Yes, the company commits to securing FPIC prior to acquiring new interests, developments, or expansions
          4/4
          Commitment to ensure Free, Prior and Informed Consent
          Yes, the company commits to securing FPIC prior to acquiring new interests, developments, or expansions
          4/4
          Olam commit their suppliers to "Respecting the rights of local communities and indigenous people and their cultural heritage, including Free, Prior and Informed Consent for new developments
        • Commitment to resolve land conflicts
          No
      • Reporting and Implementation
        8/50
        • Reporting against commitments
          0/2
          • Commitment to protect priority forests
            No
            0/1.7
          • Commitment to reduce use of virgin wood fibre
            No
            0/1.7
          • Commitment to a traceable supply chain
            No
            0/1.7
        • Reporting is independently verified
          0/1
          • Commitment to protect priority forests
            No
            0/1
          • Commitment to reduce use of virgin wood fibre
            No
            0/1
          • Commitment to a traceable supply chain
            No
            0/1
        • Suppliers aligned with deforestation commitments across supply chain
          No
          0/2
        • Deforestation cut off date
          No
          0/2
        • Collaborative actions
          No
          0/2
        • Risk assessments for forest risk
          No
          0/2
        • Operations assessed to comply with law
          Yes
          2/2
          Operations assessed to comply with law
          Yes
          2/2
          "Supplier Code Principles [...] Respect the natural environment by: i. Complying with all relevant applicable laws and regulations relating to the protection of the environment. ii. Prohibiting the conversion (i.e. destruction or deforestation) and the sourcing of raw materials resulting from the conversion of the following natural areas: – Legally Protected Areas designated for the protection of nature, and Internationally Recognized Areas for conservation [...] Olam reserves the right to conduct (or have its designee conduct) announced and unannounced inspections of the Supplier’s facilities and business practices to verify compliance with this Code. On the assumption that Olam become aware of non-compliance with any aspect of the Code, Olam reserves the right to demand corrective measures. Olam also reserves the right to terminate an agreement with any supplier that is not in compliance with the requirements set forth in this document."
        • Accessible grievance mechanism
          Yes, and published details of any grievances within the last two years (2019-2021)
          4/4
          Accessible grievance mechanism
          Yes, and published details of any grievances within the last two years (2019-2021)
          4/4
          Which issues does the grievance mechanism cover?: Social; Environmental
          Generic Grievance process - "Our Grievance Procedure applies to all our upstream operations and supply chain infrastructure (processing plants, warehouses and logistics hubs), and our third-party suppliers. It should be used to report and address breaches of relevant Olam Policies or Codes, resulting in illegality, exploitation of local communities or workers employed by Olam or a third-party supplier, or unacceptable practices in land use management as defined in the Olam Living Landscapes Policy and the Olam Supplier Code. [...] Raising a Grievance: The grievance may be made to: Address: Olam International - Grievance Manager New Zealand House, 80 Haymarket, London SW1Y 4TE. Tel: (+44) 20 7389 6464Email: crs@olamnet.com: Emails should be clearly titled ‘For Attention Of: Grievance Manager, Olam’ Grievances can also be addressed to the relevant Country Office as detailed on the location pages of this website. The grievance should include provision of the following information:• Your full name*• Name of your organization (if any)• Contact details (phone/fax/email/postal address)"
        • Report volumes of commodity
          No reporting
          0/2
        • Report verified volumes of commodity
          No disclosure
          0/6
        • Upstream: Monitor compliance with human rights
          Yes, commit to monitoring compliance with labour/worker rights
          2/4
          Upstream: Monitor compliance with human rights
          Yes, commit to monitoring compliance with labour/worker rights
          2/4
          Relating to the supplier code of conduct which contains all labour rights "Olam reserves the right to conduct (or have its designee conduct) announced and unannounced inspections of the Supplier’s facilities and business practices to verify compliance with this Code. On the assumption that Olam become aware of non-compliance with any aspect of the Code, Olam reserves the right to demand corrective measures. Olam also reserves the right to terminate an agreement with any supplier that is not in compliance with the requirements set forth in this document."
        • Downstream: Publishing supplier lists
          No
          0/4
        • Downstream: Monitor compliance in supply chain
          No
          0/4
        • Downstream: Reporting hectares of deforestation
          No
          0/4
        • Downstream: Engagement with non-compliant suppliers
          No engagement or exclusion
          0/2
        • Downstream: Disclosure of non-compliant suppliers
          No disclosure
          0/2
  • * commodity scores for which a company is not a powerbroker are given half the weighting of other commodities in total scores

  • Commitment strength
    4/20
    Avg. score
  • Reporting and Implementation
    16/50
    Avg. score
  • Social considerations
    14/18
    Avg. score

Profile

Olam international is a leading agricultural commodity business operating throughout the supply chain across 70 countries. It is a global market leader in many agricultural commodities such as cocoa and coffee, but also is a major player in African oil palm and forestry. Olam’s subsidiary, Congolaise Industrielle de Bois (CIB) operates forestry concessions in the Republic of Congo. The company is also active in soy cultivation and processing in South America and Africa. Olam International is selected as a powerbroker for soy and timber and is also assessed for its exposure to palm oil, soy and paper packaging.

Sector
Industry sector 
Agriculture, Forestry, Packaged food
Segments
Producer, Trader, Processor, Manufacturer
HQ
HQ 
Singapore
Company Type
Company type 
Public listed
Collective Commitments
Consumer Goods Forum member
New York Declaration on Forests signatory

How we assess the Forest 500

To ensure deforestation free supply chains, companies need to adopt and implement timebound and measurable policies for forest risk commodities.

All assessments use policies published on company websites, some links may have changed or been removed since the time of assessment.

Disclaimer

This assessment has been carried out following the methodology developed for the Forest 500 project, available here. Please see our disclaimer applicable to all information contained within this site and our terms and conditions for use of data presented on this site.

All assessments use policies published on company and financial institution websites, and while we endeavor to keep them updated some links may have changed or been removed since the time of assessment.

Please contact us with any concerns or feedback about this or other assessments included in the Forest 500.