Olam has identified 7 priority (known as material) areas that impact our business either directly, or indirectly in our supply chain:
Ten goals underpin these material areas, and we report on our progress in the Social and Environment sections of the Annual Report. We also listen to the opinions of our stakeholders who include customers, communities, NGOs, Development Finance Institutions and banks, foundations, shareholders and employees.
It is important to remember, however, that many issues cannot be tackled in silos. In a smallholder landscape, climate change may impact on water availability and farmer livelihoods. In a processing facility, labour standards can impact on food safety. This is why Olam takes ‘a landscape’ approach, always seeking to understand the potential risks and opportunities that an action in one area can have in several others.