Olam International Limited (“Olam”) has published its 2014 Corporate Responsibility and Sustainability report, which looks at the connections between different impacts on various landscapes in its supply chain.
Olam International Limited (“Olam”), a leading agri-business operating across the value chain in 65 countries, has published its 2014 Corporate Responsibility and Sustainability report, which looks at the connections between different impacts on various landscapes in its supply chain.
The report presents seven case studies, each representing one main material area, whilst showing at the same time how others interconnect: livelihoods, labour, water, climate change, land, food safety and food security. The report is structured in this way to reflect the complex web of interconnectivity between these material areas, meaning that an action in one impact area can potentially have a knock-on effect in another.
This seventh annual CR&S report marks another milestone on Olam’s journey to achieve end-to-end sustainable supply chains by 2020, detailing the company’s ongoing progress against its Corporate Responsibility and Sustainability (CR&S) strategy and Aspirations.
Globally, key highlights for 2014 include:
- US$40m invested in CR&S initiatives including staff costs
- 190 CR&S community initiatives underway in 30 countries
- Reduced absolute water volume for irrigation by 5% and irrigation water intensity by 31%
- Reduced carbon emissions by 18% in Olam-managed plantations, concessions and farms and by 6% in processing (CO2e/tonne product)
- US$360,000 spent on HIV/AIDS and malaria awareness campaigns in Africa
- 63,730 female farmers in Olam Livelihood Charter initiatives
As with the 2013 report, ‘Connectivity in the Landscape’ has been compiled using the Global Reporting Initiative (GRI) G3.1 framework. This is one of the world’s most prevalent sustainability reporting standards, promoting transparency and organisational accountability.
This article was taken from here.