Overall impact
B (61)

Commentary

Olam is a strong overall performer. With a 'B' rating of 60.5 for overall impact (64th percentile compared to all companies), Olam ranks 38th out of 120 industry peers, behind Chobani, Cranswick, Talawakelle Tea Estates and 34 others, and ahead of PSSI, Tofutti Brands, Yihai International and 79 others. On top material causes for Olam's industry (Food), Olam performs well in Terrestrial Biodiversity (95.8 score), Healthy Oceans (95.5), Sustainable Use of Water (95.6) and 3 other causes where it received an 'A' score and performs poorly in Fair Labor Practices (8.0 score), Child and Maternal Health (28.5), Improved Mental Health (23.8) and 7 other causes where it received a 'D' or 'F' score.
Impact
Cause 032.SI
Peer rank
Overall impact

Log in to view this information

Impact trend

Change in rating for overall impact

Log in to view this information

Company

Olam

Employees
39,192
Sector
Consumer Staples
Industry
Food Products
Sub-industry
Packaged Foods & Meats
SASB industry
Food Retailers & Distributors
Headquarters
Singapore
Share classes
032.SI
OLMIF
Description
Olam International Limited engages in the sourcing, processing, packaging, and merchandising of agricultural products worldwide. It operates through Olam Food Ingredients, Olam Global Agri, and Olam International Limited segments. The company offers cocoa powder, liquor, and butter, as well as specialty fats, such as vegetable fats, cocoa butter equivalent fats, cocoa butter improver fats, cocoa butter substitutes, and confectionery and custom fats under the deZaan, Unicao, Joanes, Macao, Huysman, Britannia, and BT Cocoa brands. Additionally, it provides coffee; whole, skimmed, and butter milk powders; butter, anhydrous milk fat, and butter blends; cheese; milk and whey protein concentrates, permeates, and lactose; nuts, including almonds, cashews, hazelnuts, peanuts, sesame, and quinoa and chia seeds; and spices, comprising chillies, onion and garlic, and pepper. It also provides cotton; palm, soybean, and sunflower oils; animal feeds and proteins; flours for breads, baguettes, pasta noodles, biscuits, semolina, and confectionery; fish feeds; rubber; rice; and timber products. In addition, the company offers biscuits under the Perk, King Cracker, Pure Bliss, and Chic Choc brands; tomato mix under the Tasty Tom, De Rica, and Festin brand names; Tasty Tom Jollof Mix; drinking yoghurt under the FreshYo brand; lollipops under the OK Pop brand name; and noodles under the Cherie Noodles, Cherie Supa Chicken, and Tasty Tom brands. Further, the company engages in the poultry breeding farm and day-old-chick hatchery business, and provision of commodity financial, risk management, and infrastructure and logistics services, as well as sourcing solutions for agricultural raw materials and food ingredients. Olam International Limited was founded in 1989 and is headquartered in Singapore.
Material causes
Ethos considers the following causes material for Olam, based on its industry sub-industry Packaged Foods & Meats. Learn more about material causes in our methodology overview.

This information is subject to Ethos' Terms and Conditions, which you can find here.

This information may not be used for corporate financing purposes (including, without limitation, ESG-linked loans, credit facilities, securities or structured products), as a basis for any financial instruments or products (including, without limitation, passively managed funds and index-linked derivative securities) or other products or services, to verify or correct data in any other compilation of data or index, to create any derivative works, nor to create any other data or index (custom or otherwise), without Ethos' prior written permission.

By browsing this site you agree to our use of cookies. Read more.
We use cookies on this site to enhance your user experience. By continuing to browse the site, you are agreeing to our use of cookies. Give me more info.