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Olam International Ltd

  • Parent company:
    Temasek Holdings (51.4%)
  • Landbank (oil palm):
    121,810 hectares
  • Market cap:
    4,126,934,567 USD
  • Thomson Reuters ticker:
    OLAM.SI
  • Bloomberg ticker:
    OLAM SP
  • ISIN:
    SG1Q75923504
  • RSPO member?
    Yes
  • Website:

Company assessment: Olam International Ltd

SPOTT assesses companies against over 100 indicators across ten categories. Click on the icons or bars below to expand each category for further details, scoring and links to reports and sources.

73% 85 / 116.5 Total:
  • Sustainability policy and leadership Sustainability policy and leadership 5 / 6 83.3%
    • Companies should publish sustainability policies or similar covering their entire supply chain — including third party suppliers — implemented and enforced through high-level leadership that engages with wider industry schemes.

    • Yes
      1 / 1
      Source

      1. Sustainable palm oil policy or commitment for all its operations?

      The company has a Sustainable Palm Oil Policy.

    • Yes
      1 / 1
      Source

      2. Policy or commitment applies to direct and third-party suppliers?

    • Yes
      1 / 1
      Source

      3. High-level position of responsibility for sustainability?

      Head of Corporate Responsibility and Sustainability.

    • Yes
      1 / 1
      Source

      4. Sustainability report published within last two years?

      2016 sustainability report included in 2016 annual report. Stand alone sustainability report last published in 2015.

    • Yes
      1 / 1
      Source

      5. Member of industry schemes or other external initiatives to improve palm oil sustainability or transparency?

      Member of UNGC, Natural Capital Coalition, Global Agri-business Alliance and reports to CDP and GRI, among others.

    • n/a
      -
      No source

      6. Verification report on compliance with POIG Charter, if a POIG member?

      This indicator is disabled as it is not applicable to this company.

    • No
      0 / 1
      No source

      7. Activities with government and/or NGOs to improve palm oil sustainability?

  • Landbank, maps and traceability Landbank, maps and traceability 11.5 / 17 67.6%
    • Companies should publicly report figures on their total landbank and details of different areas under their management. They should also disclose maps of their management areas and provide details on traceability of their products, both to mill and plantation level.

    • Yes
      1 / 1
      Source

      8. Total land area managed/controlled for oil palm (ha)?

      121,810 - Olam has a total leased landbank of 300,000 ha, of which 128,000 ha is currently being developed as palm oil plantations.

    • Yes
      1 / 1
      Source

      9. Total oil palm planted area (ha)?

      51,763

    • n/a
      -
      Source

      10. Plasma/scheme smallholders planted area (ha)?

      This indicator is disabled as Olam currently has no FFB supplied from scheme smallholders. However, Olam has a joint smallholder scheme with the Republic of Gabon in which it has a 49% stake.

    • Yes
      1 / 1
      Source

      11. Unplanted (areas designated for future planting)(ha)?

      14,737

    • Yes
      1 / 1
      Source

      12. Conservation set-aside area, including HCV area (ha)?

      55,310

    • No
      0 / 1
      No source

      13. Area for infrastructure (ha)?

    • Yes
      1 / 1
      Source

      14. Number of company owned mills?

      2

    • Yes
      1 / 1
      Source

      15. Maps of company owned mills?

    • Partial
      0.5 / 1
      Source

      16. Number and names of supplying mills?

      The company states it is sourcing directly from 14 major suppliers, which it names, and has identified 800 initial mills from just three of those suppliers.

    • Yes
      1 / 1
      Source

      17. Maps of estates/management units?

      Olam provides information on its website where its palm oil are locations through a map with polygons of its plantations. The shapefiles are available on request. Concession boundaries have also been made available to the RSPO and the company declares these represent 100% of their concession sites, but not all may not be publicly available due to ongoing legal issues.

    • n/a
      -
      No source

      18. Maps of scheme/plasma smallholders?

      This indicator is disabled as Olam currently has no FFB supplied from scheme smallholders. However, Olam has a joint smallholder scheme with the Republic of Gabon in which it has a 49% stake.

    • Yes
      1 / 1
      Source

      19. Time-bound commitment to achieve 100% traceability to mill level?

      2020 - Olam is committed to tracing CPO and PKO to mill by 2018, and palm oil derivatives by 2020.

    • Partial
      0.5 / 1
      Source

      20. Time-bound commitment to achieve 100% traceability to plantation level?

      Olam are working towards full traceability to plantations, but a time bound commitment is unclear.

    • Partial
      0.5 / 2
      Source

      21. Percentage of supply traceable to mill level (is 100%)?

      30% - Olam's progress report states on track to achieve target of 30% by 2016. However the company also states "At the time of reporting, our Mozambique facilities have not met 30% traceability target that is due by 31 December 2016".

    • Yes
      2 / 2
      Source

      22. Percentage of fresh fruit bunches (FFB) from own mills traceable to plantation level (is above 75%)?

      100% - "For processing units located in Gabon (Awala POM, Awala KCP and OPG refinery), we are sourcing from our own plantations, all of which is fully traceable and progressing towards full RSPO certification".

    • No
      0 / 2
      No source

      23. Percentage of fresh fruit bunches (FFB) from supplying mills traceable to plantation level (is above 75%)?

  • Deforestation and biodiversity Deforestation and biodiversity 8 / 12 66.7%
    • Companies should commit to address deforestation and to set aside areas for conservation. They should report on any activities to manage or restore habitat in their conservation areas, or monitor deforestation in their supply chains. They should also provide evidence of species conservation and biodiversity protection.

    • Yes
      0.5 / 0.5
      Source

      24. Commitment to address deforestation?

    • Partial
      0.5 / 1
      Source

      25. Commitment to zero deforestation?

      Olam has a commitment to no deforestation or conversion of HCV or HCS forest or peatlands. However, Olam has a right to convert a small percentage of its least valuable, logged or secondary forests to meet the governments needs for growth, and states itself that it does not have a "no deforestation" policy.

    • Yes
      1 / 1
      Source

      26. Commitment applies to scheme smallholders and independent suppliers?

    • Yes
      1 / 1
      Source

      27. Criteria for defining deforestation?

      Olam has a commitment to no deforestation or conversion activities in high conservation value (HCV) forests, including primary forests, and other HCV ecosystems such as wetlands, no deforestation or conversion of High Carbon Stock (HCS) forests, as defined through a recognised national or international process in key origins, and no deforestation or conversion of peatlands.

    • Yes
      1 / 1
      Source

      28. Evidence of monitoring deforestation?

    • Yes
      1 / 1
      Source

      29. Commitment to set aside areas for conservation?

    • No
      0 / 1
      Source

      30. Evidence of habitat management and/or habitat restoration of set-aside areas?

    • Yes
      1 / 1
      Source

      31. A landscape-level approach?

    • Yes
      0.5 / 0.5
      Source

      32. Commitment to biodiversity conservation?

    • Partial
      0.5 / 1
      Source

      33. Commitment to not endanger species of conservation concern, referencing international or national system of species classification?

      Olam only mentions that it protects rare species in its palm oil policy.

    • No
      0 / 1
      Source

      34. Commitment to no hunting or only sustainable hunting of species?

      Olam state that they actively manage HCV areas, helping to prevent poaching and illegal hunting, and are implementing partnerships with law enforcement and NGOs to reduce and eliminate illegal hunting, especially of protected species, within and around their concessions, but do not have a clear no hunting commitment.

    • No
      0 / 1
      Source

      35. Commitment not to operate within internationally and nationally designated protected areas?

      Olam only states that they "select broad areas in landscapes that are far from national parks and where the natural environment has already been degraded" for oil palm development in Gabon.

    • Yes
      1 / 1
      Source

      36. Evidence of species conservation?

      Olam has an ape management plan which includes monitoring, habitat management, hunting controls and education, among others.

  • HCV, HCS and impact assessments HCV, HCS and impact assessments 10.5 / 11 95.5%
    • Companies should commit to the High Conservation Value (HCV) and High Carbon Stock (HCS) approaches, and to conduct social and environmental impact assessments (SEIA). They should develop and publish monitoring and management plans, and provide evidence through SEIA, HCV and HCS assessments, typically published in summary form due to the sensitive nature of certain sites.

    • Yes
      1 / 1
      Source

      37. Commitment to High Conservation Value (HCV) approach?

    • Yes
      1 / 1
      Source

      38. Commitment applies to scheme smallholders and independent suppliers?

    • Yes
      1 / 1
      Source

      39. Commitment to only use licensed High Conservation Value (HCV) assessors accredited by the HCV Resource Network's Assessor Licensing Scheme (ALS)?

    • Yes
      1 / 1
      Source

      40. High Conservation Value (HCV) assessments undertaken between November 2005 and December 2014, and management and monitoring plans?

      There is public availability of HCV assessments for Gabon: Olam Palm Gabon - Mouila Lot 1; Olam Palm Gabon - Mouila Lot 2; Olam Palm Gabon - Lots 8, 9 & 11; Olam Palm Gabon - Mouila Oil Palm Nursery Site.

    • Yes
      1 / 1
      Source

      41. High Conservation Value (HCV) assessments for all estates planted since January 2015?

      There is public availability of HCV assessments for Olam Palm Gabon - Mouila Lot 3, Olam Palm Gabon - Mouila Lot 3 extension and SOTRADER.

    • Yes
      1 / 1
      Source

      42. High Conservation Value (HCV) management and monitoring plans for all estates planted since January 2015?

      There is public availability of management and monitoring plans for Olam Palm Gabon - Mouila Lot 3, Olam Palm Gabon - Mouila Lot 3 extension and SOTRADER.

    • Yes
      1 / 1
      Source

      43. Satisfactory review of all High Conservation Value (HCV) assessments undertaken since January 2016 by the HCV ALS Quality Panel?

      There is satisfactory review of Mouila Lot 3 and Mouila Lot 3 Extension.

    • Partial
      0.5 / 1
      Source

      44. Commitment to the High Carbon Stock (HCS) approach?

      Olam states that it commits to "no conversion of High Carbon Stock (HCS) forests, as defined through a recognised national or international process in key origins. Where we source from South East Asia origins, such as Indonesia, where most forest landscapes are fragmented and degraded, we follow the High Carbon Stock Approach.".

    • Yes
      1 / 1
      Source

      45. High Carbon Stock (HCS) assessments?

    • Yes
      1 / 1
      Source

      46. Commitment to conduct social and environmental impact assessments (SEIAs)?

    • Yes
      1 / 1
      Source

      47. Social and environmental impact assessment (SEIAs) undertaken since November 2005, and management and monitoring plans?

      There is public availability of all SEIA assessments for Gabon: Olam Palm Gabon - Mouila Lot 1; Olam Palm Gabon - Mouila Lot 2; Olam Palm Gabon - Lots 8, 9 & 11; Olam Palm Gabon - Mouila Oil Palm Nursery Site, Olam Palm Gabon - Mouila Lot 3, Olam Palm Gabon - Mouila Lot 3 extension and SOTRADER.

  • Peat, fire and GHG emissions Peat, fire and GHG emissions 9 / 17 52.9%
    • Companies should commit to protect peatland and undertake best management practices for soils and peat. They should also have policies on zero burning and to reduce their greenhouse gas (GHG) emissions. Companies should report their GHG emissions, as well as any fires that occurred in or around their estates, along with plans for managing and monitoring fires.

    • Yes
      1 / 1
      Source

      48. Commitment to no planting on peat of any depth?

    • Yes
      1 / 1
      Source

      49. Commitment applies to scheme smallholders and independent suppliers?

    • Partial
      0.5 / 1
      Source

      50. Commitment to best management practices for soils and/or peat?

      Olam's only states in relation to implementing its palm oil policy in Gabon that land is subject to good practice, such as careful management of soil fertility and use of ground cover crops to minimise soil erosion.

    • No
      0 / 1
      No source

      51. Landbank or planted area on peat (ha)?

    • Partial
      0.5 / 1
      Source

      52. Evidence of best management practices for soils and/or peat?

      The company has trained smallholders in soil fertility.

    • Yes
      1 / 1
      Source

      53. Commitment to zero burning?

    • Yes
      1 / 1
      Source

      54. Commitment applies to scheme smallholders and independent suppliers?

    • No
      0 / 1
      No source

      55. Evidence of management and monitoring fires?

    • No
      0 / 1
      No source

      56. Details/number of hotspots/fires in company estates?

    • No
      0 / 1
      No source

      57. Details/number of hotspots/fires within surrounding landscape/smallholders?

    • Partial
      0.5 / 1
      Source

      58. Time-bound commitment to reduce greenhouse gas (GHG) emissions?

      Olam previously had a target to 'achieve a 10% reduction in GHG intensity' by 2020. It reported having achieved this target in 2015 and said it would determine a revised target for 2020 during 2016. 2016 Annual Report states "During FY17, developing science based targets for total Olam GHG emissions from which the 2020 metric will be determined".

    • No
      0 / 1
      No source

      59. Commitment applies to scheme smallholders and independent suppliers?

    • Yes
      1 / 1
      Source

      60. GHG emissions?

    • Partial
      0.5 / 1
      Source

      61. GHG emissions from land use change?

      Only report estimated land use change emissions for one concession.

    • Yes
      1 / 1
      Source

      62. Methodology used to calculate GHG emissions?

      RSPO Palm GHG Calculator in combination with the HCS+ methodology for carbon assessment.

    • Yes
      1 / 1
      Source

      63. Progress towards commitment to reduce GHG emissions?

      Olam previously had a target to 'achieve a 10% reduction in GHG intensity' by 2020. It reported having achieved this target in 2015.

    • No
      0 / 1
      Source

      64. Percentage of mills with methane capture (is above 75%)?

      Olam is planning to build methane capture facility at its Awala mill in 2017.

  • Water, chemical and pest management Water, chemical and pest management 6 / 12 50%
    • Companies should commit to managing water use and water quality, providing evidence through time-bound reduction plans, policies on toxic chemical use and treatment of palm oil mill effluent (POME).

    • Yes
      1 / 1
      Source

      65. Commitment to manage water use and water quality?

    • Partial
      0.5 / 1
      Source

      66. Time-bound commitments to improve water use and water quality?

      Olam has a target to achieve 100% compliance with wastewater discharge limits for water quality by 2020. For it's water use commitment Olam states "New science-based water targets for 2020 to be developed in 2017". It previously had a target to reduce surface and groundwater intensity by 5% by 2015.

    • Partial
      0.5 / 1
      Source

      67. Progress towards commitment on water use?

      For its water use commitment Olam states it met its 2015 target on surface and groundwater intensity, but not on water process intensity target.

    • No
      0 / 1
      Source

      68. Progress towards commitment on water quality?

      Olam only states it is has started and is on target in relation to its target of 100% compliance with wastewater discharge limits for water quality by 2020.

    • Yes
      1 / 1
      Source

      69. Protection of natural waterways through buffer zones?

    • No
      0 / 1
      No source

      70. Evidence of treating palm oil mill effluent (POME)?

    • Partial
      0.5 / 1
      Source

      71. Commitment to minimise the use of chemicals, including pesticides and chemical fertilisers?

      Olam only states "The use of pesticides shall be minimised and continually evaluated".

    • Yes
      1 / 1
      Source

      72. No use of paraquat?

    • Yes
      1 / 1
      Source

      73. No use of World Health Organisation (WHO) Class 1A and 1B pesticides?

      Olam's 2015 Plantations, concessions and farms code states "pesticides in WHO Classes 1a, 1b shall not be used" and the 2016 annual report states "It should be noted that we limit the use of WHO Class 1A and 1B chemicals to exceptional circumstances".

    • No
      0 / 1
      No source

      74. No use of chemicals listed under the Stockholm Convention and Rotterdam Convention?

    • Partial
      0.5 / 1
      Source

      75. Integrated Pest Management (IPM) approach?

      Olam only states it is a strong advocate of Integrated Pest Management and is teaching it in many smallholder training programmes.

    • No
      0 / 1
      No source

      76. Chemical usage per ha or list of chemicals used?

  • Community, land and labour rights Community, land and labour rights 16 / 17 94.1%
    • Companies should commit to respect human rights, including those of indigenous peoples and local communities, consulted with free, prior and informed consent (FPIC). Companies should respect the rights of workers, report relevant workforce data, and comply with health and safety legislation.

    • Yes
      1 / 1
      Source

      77. Commitment to human rights, referencing the UN Declaration of Human Rights or UN Guiding Principles on Business and Human Rights?

    • Partial
      0.5 / 1
      Source

      78. Commitment to respect legal and customary land tenure rights?

      The company states customary use of land is maintained if communities wish it to be, but not a clear reference to legal and customary land tenure.

    • Partial
      0.5 / 1
      Source

      79. Commitment to respect indigenous and local communities' rights?

      Olam only states "Community rights and access will be addressed through FPIC, and where applicable, measures for smallholders or outgrower relations should be consistent with Olam policies and the Olam Livelihood Charter" and "respect the rights of local communities through Free, Prior and Informed Consent (FPIC)". It does not mention the UN declaration on indigenous rights.

    • Yes
      1 / 1
      Source

      80. Commitment to free, prior and informed consent (FPIC)?

    • n/a
      -
      No source

      81. Commitment applies to independent suppliers?

      This indicator is disabled as no independent suppliers.

    • Yes
      1 / 1
      Source

      82. Free, prior and informed consent (FPIC) process?

    • Yes
      1 / 1
      Source

      83. Process for addressing land conflicts?

      The company provides a document on its Conflict Resolution procedure.

    • Yes
      1 / 1
      Source

      84. Commitment to ensure food security for local communities?

    • Yes
      1 / 1
      Source

      85. Commitment to respect workers' rights, including all workers (i.e. direct, indirect, migrant, temporary, casual, etc.)?

    • Yes
      1 / 1
      Source

      86. Reference to Fundamental ILO Conventions or Free and Fair Labour Principles?

      Olam states they are 'guided by' the ILO Declaration on Fundamental Principles and Rights at Work. They refer to all of the conventions.

    • Yes
      1 / 1
      Source

      87. Total number of employees?

      69,772 - This figure covers their entire global operations.

    • Yes
      1 / 1
      Source

      88. Percentage or number of temporary employees?

      34,727 - Olam states 34,727 "seasonal, contract or temporary" staff. This figure covers their entire global operations.

    • Yes
      1 / 1
      Source

      89. Percentage or number of women employees?

      26%

    • Yes
      1 / 1
      Source

      90. Minimum wage that the company pays?

    • Yes
      1 / 1
      Source

      91. Commitment to address occupational health and safety?

    • Yes
      1 / 1
      Source

      92. Lost time accident rate?

      0.43 - This figure covers their entire global operations.

    • Yes
      1 / 1
      Source

      93. Number of fatalities as a result of work-based accidents?

      4 - This figure covers their entire global operations, however all fatalities were recorded in Africa.

    • Yes
      1 / 1
      Source

      94. Provision of personal protective equipment and pesticide training?

      Olam states "We ensure the safe use and handling of all chemicals. We provide training and instructions for safe application and use of appropriate personal protective equipment".

  • Certification standards Certification standards 7 / 11.5 60.9%
    • Companies should become members of credible certification standards and report in accordance with all appropriate categories of membership. The Roundtable on Sustainable Palm Oil (RSPO) requires members registered as growers to submit data relating to certification targets for their estates, scheme smallholders and independent fresh fruit bunch (FFB) suppliers, via an annual communications of progress (ACOP) report.

    • Yes
      1 / 1
      Source

      95. Member of the Roundtable on Sustainable Palm Oil (RSPO)?

      2011

    • Yes
      0.5 / 0.5
      Source

      96. Submitted most recent RSPO Annual Communication of Progress (ACOP)?

    • Yes
      0.5 / 0.5
      Source

      97. Listed all countries and regions in which operates in most recent RSPO Annual Communication of Progress (ACOP)?

      Olam International states all the countries in which the company assumes management control of its plantation estates. It operates in Gabon and has a joint venture in Cote d'Ivoire in which it was a minority stake with no management control.

    • Yes
      0.5 / 0.5
      Source

      98. Time-bound plan for achieving 100% RSPO certification of estates within 5 years or achieved 100% RSPO-certification of estates?

      2021

    • n/a
      -
      Source

      99. Time-bound plan for achieving 100% RSPO certification of scheme/associated smallholders within 5 years or achieved 100% RSPO-certification of scheme/associated smallholders?

      This indicator is disabled as Olam currently has no FFB supplied from scheme smallholders. However, Olam has a joint smallholder scheme with the Republic of Gabon in which it has a 49% stake. Olam has a time bound plan to achieve 100% certification of smallholders and outgrower by 2018.

    • Yes
      0.5 / 0.5
      Source

      100. Time-bound plan for achieving 100% RSPO certification of all supply chains?

      2020 - Target extended from 2016 to 2020.

    • Yes
      0.5 / 0.5
      Source

      101. RSPO-certified within three years of joining the RSPO or by November 2010, for companies joining prior to finalisation of the RSPO certification systems in November 2007?

      2016 - Olam joined the RSPO in 2011, but did not certify its first estate until 2016, due it not having built a mill until 2015.

    • Partial
      1.5 / 2
      Source

      102. Percentage of mills RSPO-certified (is above 75%)?

      1 (50%)

    • Partial
      0.5 / 2
      Source

      103. Percentage of area (ha) RSPO-certified (is above 75%)?

      20,030 (16.4%)

    • n/a
      -
      Source

      104. Percentage of scheme/associated smallholders (ha) RSPO-certified (is above 75%)?

      This indicator is disabled as Olam currently has no FFB supplied from scheme smallholders. However, Olam has a joint smallholder scheme with the Republic of Gabon in which it has a 49% stake.

    • n/a
      -
      Source

      105. Percentage of FFB supply (tonnes) from independent FFB suppliers that is RSPO-certified (is above 75%)?

      This indicator is disabled as Olam does not source FFB from independent suppliers according to its 2016 ACOP.

    • Partial
      0.5 / 2
      Source

      106. Percentage of all palm oil and oil palm products handled/traded/processed (tonnes) that are RSPO-certified (is above 75%)?

      301,556 (3.6%) - Total volume of all palm oil and oil palm products handled/traded/processed in the year divided by total volume handled/processed/traded in year RSPO certified (tonnes).

    • Yes
      1 / 1
      Source

      107. Sells or processes/trades RSPO-certified palm oil through Segregated or Identity Preserved supply chains?

      Only sells Mass Balance, but processes/trades Mass Balance and Segregated.

    • n/a
      -
      No source

      108. Indonesia Sustainable Palm Oil (ISPO) certified (100%)?

      This indicator is disabled as it is not applicable to this company.

    • n/a
      -
      No source

      109. Malaysia Sustainable Palm Oil (MSPO) certified (100%)?

      This indicator is disabled as it is not applicable to this company.

    • No
      0 / 1
      No source

      110. Certified under voluntary sustainability certification scheme (e.g. ISCC, SAN, RSB, etc.)?

  • Smallholders and suppliers Smallholders and suppliers 5 / 6 83.3%
    • Companies should report details of any programmes or schemes to support both schemed and independent smallholders, as well as criteria to assess suppliers on compliance with company policies, and in what cases suppliers should be suspended or excluded due to non-compliance.

    • Yes
      1 / 1
      Source

      111. Programme to support scheme smallholders?

      Olam's palm oil policy states "Support outgrowers (primarily under the GRAINE programme) to build capacity, improve yields, apply good practices and avoid deforestation according to our Commitment to Forest Conservation".

    • Yes
      1 / 1
      Source

      112. Details of support programme for scheme smallholders?

      Olam's 2016 Annual Report states "Olam manages the project, providing technical expertise and supporting cooperatives with training and improved planting stock, inputs and logistics to manage profitable plantations for palm oil and food crops such as cassava, banana, tomatoes and pepper".

    • Yes
      1 / 1
      Source

      113. Number or percentage of scheme smallholders involved in programme?

      Olam's 2016 Annual Report states "By the end of 2016, almost 16,000 people in over 775 cooperatives had signed up to the scheme".

    • n/a
      -
      No source

      114. Programme to support independent smallholders?

      This indicator is disabled as it is not applicable to this company.

    • n/a
      -
      No source

      115. Details of support programme for independent smallholders?

      This indicator is disabled as it is not applicable to this company.

    • n/a
      -
      No source

      116. Number or percentage of independent smallholders involved in programme?

      This indicator is disabled as it is not applicable to this company.

    • Yes
      1 / 1
      Source

      117. Process used to prioritise, assess and/or engage suppliers on compliance with company's policy and/or legal requirements?

    • Yes
      1 / 1
      Source

      118. Suspension or exclusion criteria for suppliers?

      Olam states "If any supplier is found to be non-compliant, they will be investigated and corrective actions sought. However, if suppliers continue to be non-compliant, we will cease trading with them. This applies to both their own plantations and their third party supplies".

    • No
      0 / 1
      No source

      119. Number or percentage of suppliers assessed and/or engaged?

  • Governance and grievances Governance and grievances 7 / 7 100%
    • Companies should operate in an ethical manner at all levels, providing accessible channels and clear procedures for both employees and external stakeholders to raise any grievance or complaint with the company, as well as allowing for whistleblowing.

    • Yes
      1 / 1
      Source

      120. Commitment to ethical conduct and prohibition of corruption?

    • Yes
      1 / 1
      Source

      121. Whistleblowing procedure?

    • Yes
      1 / 1
      Source

      122. Own grievance or complaints system?

    • Yes
      1 / 1
      Source

      123. Accessible to internal stakeholders (i.e. employees)?

    • Yes
      1 / 1
      Source

      124. Accessible to external stakeholders?

    • Yes
      2 / 2
      Source

      125. Grievance details, if anonymity not requested?

Media monitor: Olam International Ltd

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Map of concessions: Olam International Ltd

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