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Established in 1989, Singapore based commodity producer and trader Olam grows, sources, trades and processes

  • Parent company:
    Temasek Holdings (51.4%)
  • Landbank (oil palm):
    121,810 hectares
  • Market cap:
    5,214,435,249 USD
  • Thomson Reuters ticker:
    OLAM.SI
  • Bloomberg ticker:
    OLAM SP
  • ISIN:
    SG1Q75923504
  • RSPO member?
    Yes
  • Website:

Company assessment: Olam International Ltd – November 2017

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.

Assessment date:

Total: 77.9% 95 / 122
  • Sustainability policy and leadership Sustainability policy and leadership 6 / 6 100%
    • 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 that outlines its commitments for its plantations, outgrowers and third-party suppliers, and also a separate Supplier Code. It also has a Plantations, Concessions and Farms Code that defines the processes and standards for upstream operations

    • 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 and Corporate Responsibility and Sustainability Committee

    • 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 multiple industry schemes or other external initiatives to improve sustainability in relation to palm oil?

      Member of UN Global Compact, Natural Capital Coalition, Global Agri-business Alliance, Tropical Forest Alliance 2020, HCV Resource Network and WBCSD

    • 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.

    • Yes
      1 / 1
      Source

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

      Olam has engaged in dialogue with NGOs, including with Mighty Earth, and has agreed to collaborate with them on forest conservation and sustainable agriculture. Olam also has a joint venture with the government of Gabon on reducing reliance on imported food and supporting rural livelihoods for smallholders

  • Landbank, maps and traceability Landbank, maps and traceability 13.5 / 19 71.1%
    • 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 for palm and rubber, of which 128,000 ha is currently being developed as palm oil plantations. Olam's 2016 ACOP states its total land area for palm oil cultivation as 121,810 ha

    • Yes
      1 / 1
      Source

      9. Total oil palm planted area (ha)?

      51,763

    • Partial
      0.5 / 1
      Source

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

      Olam has a joint venture with the Republic of Gabon on the GRAINE smallholder programme covering 70,000 ha in which it has a 49% stake, through the company Sotrader. 30,000 ha will be planted out of 58,000 ha that has been assessed under RSPO New Planting Procedures, but it is unclear what has been planted to date

    • 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)?

      Infrastructure figures for the different concessions can be found in the new planting procedure (NPP) reports over time. However, there is not a overall recent figure

    • Yes
      1 / 1
      Source

      14. Number of company owned mills?

      2

    • Yes
      1 / 1
      Source

      15. Maps or coordinates of company owned mills?

    • Partial
      0.5 / 1
      Source

      16. Number and names of supplier mills?

      The company states it is sourcing directly from 14 major suppliers, which it names, and has identified 1,821 mill names and over 1,100 coordinates of mills to date

    • Yes
      1 / 1
      Source

      17. Maps of estates/management units?

      Olam provides information on its website where its palm oil estates are located 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. Maps will become available on GeoRSPO

    • Yes
      1 / 1
      Source

      18. Maps of scheme/plasma smallholders?

      Olam has a joint smallholder scheme with the Republic of Gabon in which it has a 49% stake (GRAINE program). A map of the GRAINE concession is available within the RSPO NPP Summary Report

    • 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 establishing traceability to plantation, but a time bound commitment is unclear

    • Partial
      1.5 / 2
      Source

      21. Percentage of supply traceable to mill level (above 80%)?

      62%

    • Partial
      1.5 / 2
      Source

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

      The company states "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". Olam has one other palm oil mill (POM) that is does not specify whether it has achieved traceable to plantation for

    • No
      0 / 2
      No source

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

  • Deforestation and biodiversity Deforestation and biodiversity 10 / 12 83.3%
    • 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. Deforestation 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?

    • Partial
      0.5 / 1
      Source

      30. Evidence of habitat management and/or habitat restoration?

      The company states it has a team at each site dedicated to managing the buffer zones and set-aside areas

    • Yes
      1 / 1
      Source

      31. A landscape-level approach?

      The company is working with the Government of Gabon on a landscape scale approach to select the most suitable land with high economic potential and low environmental and social impacts

    • 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, but does not reference a system of species classification

    • Yes
      1 / 1
      Source

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

      The company states its commitment to prohibiting hunting within its HCV and SEIA reports. Within its policy the company states "Implementation of partnerships with law enforcement and NGOs to reduce and eliminate illegal hunting, especially protected species, within and around our concessions"

    • Partial
      0.5 / 1
      Source

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

      The company states it is committed to holding the designation of Ramsar wetlands, and returned land to the government that contained extensive primary forest and important wetlands, and 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 activities?

      Olam has an ape management plan which includes monitoring, habitat management, hunting controls and education, among others. It has also implemented a partnership with WWF and the Government of Gabon to prevent illegal hunting and enforce wildlife laws in its Mouila plantations

  • 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. HCV 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 for planting undertaken prior to January 2015, and associated management and monitoring plans?

      There is public availability of the following HCV assessments:
      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

    • Yes
      1 / 1
      Source

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

      There is public availability of the following HCV assessments:
      Mouila Lot 3 and Olam Palm Gabon - Mouila Lot 3 Extension.
      In addition there is a HCV assessment for SOTRADER, the smallholder program in which Olam has a 49% stake

    • 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 the following HCV management and monitoring plans: Mouila Lot 3 and Olam Palm Gabon - Mouila Lot 3 Extension. In addition there is a HCV management and monitoring plan for SOTRADER, the smallholder program in which Olam has a 49% stake

    • Yes
      1 / 1
      Source

      43. Satisfactory review of all High Conservation Value (HCV) assessments undertaken since January 2015 by the HCV ALS Quality Panel?

      There is satisfactory review of Mouila Lot 3 and Mouila Lot 3 Extension, as well as for SOTRADER, the smallholder program in which Olam has a 49% stake

    • 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, and associated management and monitoring plans?

      There is public availability of the following SEIA assessments:
      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, as well as for SOTRADER, the smallholder program in which Olam has a 49% stake

  • Peat, fire and GHG emissions Peat, fire and GHG emissions 11.5 / 17 67.6%
    • 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?

      The company states it does not ever develop peatland and does not operate in peatland

    • Yes
      1 / 1
      Source

      49. Peat commitment applies to scheme smallholders and independent suppliers?

      The commitment applies to smallholders under the GRAINE programme and third party suppliers

    • Yes
      1 / 1
      Source

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

      Olam's states in relation to implementing its palm oil policy in Gabon that land is subject to good practice, such as spatial design to avoid sensitive soils, careful management of soil fertility and use of ground cover crops to minimise soil erosion. The company has no peat

    • Yes
      1 / 1
      Source

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

      The company states there is no peat in any of its Gabon concessions

    • Partial
      0.5 / 1
      Source

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

      The company has trained smallholders in soil fertility (although unclear if inclusive of palm oil smallholders)

    • Yes
      1 / 1
      Source

      53. Commitment to zero burning?

    • Yes
      1 / 1
      Source

      54. Zero burning commitment applies to scheme smallholders and independent suppliers?

    • Partial
      0.5 / 1
      Source

      55. Evidence of management and monitoring fires?

      Smallholders trained on forest conservation, including the impact of converting forest through burning, along with other Climate-Smart Agricultural practices

    • No
      0 / 1
      No source

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

    • No
      0 / 1
      Source

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

      Olam only states that it partnered with WRI and identified fire incidents within a 50km sourcing radius of mills as part of its work to assess and rank supplier mills

    • Yes
      1 / 1
      Source

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

      2020 (10%) - Olam had a target to 'achieve a 10% reduction in GHG intensity' by 2020. It reported having achieved this target in 2015 and states it will determine a revised target for 2020

    • No
      0 / 1
      No source

      59. GHG 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 (Mouila Lot 3)

    • 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 had a target to 'achieve a 10% reduction in GHG intensity' by 2020. It reported having achieved this target in 2015, reducing emissions by 52% in Olam-managed plantations, concessions and farms

    • No
      0 / 1
      Source

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

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

  • Water, chemical and pest management Water, chemical and pest management 7 / 12 58.3%
    • 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. Time-bound commitment to improve water use?

      The company has a 2020 target of "10% reduction in process water intensity in Olam Tier 1 factories from 2013 baseline" and a "5% reduction in surface and groundwater intensity in Olam-managed plantations, concessions and farms from 2013 baseline", which it achieved in 2015, and is developing a new 2020 target in 2017

    • Partial
      0.5 / 1
      Source

      66. Time-bound commitment to improve water quality?

      Olam only has a target to achieve 100% compliance with wastewater discharge limits for water quality by 2020

    • Partial
      0.5 / 1
      Source

      67. Progress towards commitment on water use?

      The company states in 2015 it met its target of a 5% reduction in surface and groundwater intensity for Olam plantations and farms, but not its target of a 10% reduction in water process intensity. In 2016 it reports a 31% improvement in irrigation and process water per tonne of product (intensity) for Olam's own operations for FY16 versus FY15, but that total value chain water intensity increased by 1.6%

    • No
      0 / 1
      Source

      68. Progress towards commitment on water quality?

      Olam only states it is on target in relation to its target of 100% compliance with wastewater discharge limits for water quality by 2020, but do not report figures

    • 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?

      The company states "The use of pesticides shall be minimised and continually evaluated" and refers to minimal use of agrochemicals as part of integrated pest management and controlling the quantity of fertiliser use, but does not have a clear commitment to minimise chemicals across its operations

    • 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?

    • Yes
      1 / 1
      Source

      75. Integrated Pest Management (IPM) approach?

    • Partial
      0.5 / 1
      Source

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

      The company reports in its RSPO certification report a summary of herbicides, insecticides and fungicides used, but the data is from Aug-Dec 2015

  • Community, land and labour rights Community, land and labour rights 16 / 18 88.9%
    • 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 "if communities wish to maintain customary use of land, these areas are demarcated and maintained for community use. Any development on lands belonging to local communities are subject to a written Social Contract signed off by the community, local government and Olam, specifying the nature of the compensations Olam provides in return for the use of the land", 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, referencing the UN Declaration on the Rights of Indigenous Peoples or ILO 169?

      The company states "respect the rights of local communities through Free, Prior and Informed Consent (FPIC)" and that "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". However, it does not reference the UN Declaration on Indigenous Rights

    • Yes
      1 / 1
      Source

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

    • No
      0 / 1
      Source

      81. FPIC commitment applies to independent suppliers?

      The company only states that suppliers are required to respect the rights of indigenous peoples and their cultural heritage

    • 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 all workers' rights?

    • Yes
      1 / 1
      Source

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

      The company states it is 'guided by' the ILO Declaration on Fundamental Principles and Rights at Work. It refers to the equivalent of all of the conventions

    • Yes
      1 / 1
      Source

      87. Total number of employees?

      69,772 - This figure covers their entire global operations and includes full-time, seasonal, contract and temporary workers

    • Yes
      1 / 1
      Source

      88. Percentage or number of temporary employees?

      34,727 (49.8%) - This figure covers their entire global operations and includes "seasonal, contract or temporary" workers

    • 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 - Lost Time Injury Frequency Rate. 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 7.5 / 14 53.6%
    • 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 - The company has a joint smallholder scheme with the Republic of Gabon in which it has a 49% stake, under the company SOTRADER, who is also an RSPO member as of 2015

    • 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)?

      The company states it operates in Gabon

    • 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

    • Yes
      0.5 / 0.5
      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?

      2018 - 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%)

    • No
      0 / 2
      Source

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

      Olam has a joint smallholder scheme with the Republic of Gabon in which it has a 49% stake. It is yet to certify its smallholders

    • 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 (3.1%) - 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 6 / 6 100%
    • 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 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?

      The company 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?

      The company engages suppliers to ensure compliance with the company's policy, as well as carrying out risk assessments of mills

    • 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" and that in 2016 it reduced its suppliers from 48 to 14 based on Supplier Code risk factors

    • Yes
      1 / 1
      Source

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

      The company states "Since the release of Olam's updated SPOP in February 2017, we have reached out to our current 14 suppliers to share the Policy and discuss the changes made as well as address any concerns/questions they may have with the verification process"

  • 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. Grievance system accessible to internal stakeholders (i.e. employees)?

    • Yes
      1 / 1
      Source

      124. Grievance system accessible to external stakeholders?

    • Yes
      2 / 2
      Source

      125. Details of grievances disclosed?

Media monitor: Olam International Ltd

SPOTT gathers reports and stories from global media sources, covering specific company activities related to the assessment indicator categories. ZSL does not assess the validity of these reports.

Category filter:
No article found for the selected categories.

Research protocols: Olam International Ltd

Research protocols guide how ZSL conducts SPOTT assessments and allocates scores to ensure a fair and consistent approach, setting the expectations for companies on how they should publish ESG data. The full palm oil indicator framework contains 125 indicators across 10 categories, aligned with corporate reporting initiatives.

Map of concessions: Olam International Ltd

Explore our interactive mapping tool for a satellite view of deforestation and fires in and around concession sites of companies featured on the SPOTT scorecard. These data can support SPOTT users in conducting further research to verify whether or not company commitments are being implemented on the ground.

Use the map search bar to find specific company concessions or locations. Click the concession sites marked by pins to zoom in for more information, then go to the company pages of featured concessions to view their assessments.

Olam makes all of its mill locations available. Concession boundaries have 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. Maps will become available on GeoRSPO. Olam also provides information on its website regarding the location of their palm oil estates, with the shapefiles available on request. The concessions are not yet available on the SPOTT map.

SPOTT is a ZSL initiative.
Zoological Society of London (ZSL)