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Olam Group, often referred to simply as Olam, is a leading player in the Other Business Services sector, headquartered in Singapore (SG). Founded in 1989, the company has established a strong presence across various operational regions, including Africa, Asia, and the Americas. Olam is renowned for its diverse portfolio, which encompasses supply chain management, food processing, and agricultural products, setting it apart through its commitment to sustainability and innovation.
With a focus on core products such as cocoa, coffee, and spices, Olam has achieved significant milestones, including recognition for its sustainable sourcing practices. The company’s market position is bolstered by its extensive global network and strategic partnerships, making it a trusted name in the industry. Olam continues to drive growth and efficiency, positioning itself as a key contributor to the global food supply chain.
+32 vs industry average
Olam’s score of 68 is higher than 77% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Business Services is among the least carbon-intensive industries
The Business Services industry has reduced its overall emissions by 25% since 2018
Scope 3 accounts for ••• of total emissions.
Olam, a Singapore-headquartered company in the Other Business Services sector, reported its total greenhouse gas emissions for 2025 as approximately 94.8 billion kg CO2e. This includes Scope 1 emissions of about 3.51 billion kg CO2e, Scope 2 market-based emissions of roughly 290 million kg CO2e, and Scope 3 emissions, primarily from purchased goods and services, totalling approximately 89.73 billion kg CO2e.
Looking back, Olam's total emissions were around 94.01 billion kg CO2e in 2024, with Scope 1 at about 3.79 billion kg CO2e and Scope 2 market-based emissions at roughly 260 million kg CO2e. In 2023, total emissions were approximately 87.4 billion kg CO2e, including Scope 1 emissions of roughly 4.37 billion kg CO2e and Scope 2 emissions of about 250 million kg CO2e.
Olam Group Limited has set Science Based Targets initiative (SBTi) approved targets. It is committed to reducing absolute Scope 1 and 2 GHG emissions by 50% by 2030 and 100% by 2050 from a 2017 base year. The company also aims to reduce Scope 3 GHG emissions by 50% per tonne of agricultural product by 2030 and absolute Scope 3 GHG emissions by 67% by 2050 from a 2017 base year. These targets are classified as consistent with reductions required to keep warming to "Well-below 2°C". Additionally, Olam Agri targets a 42% reduction in Scope 1, 2, and 3 GHG Energy and industry emissions by 2030 against a 2022 baseline.
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Common questions about Olam’s sustainability data and climate commitments
Data year: 2025
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