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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.
73
DitchCarbon score
+39 vs industry average
Olam’s score of 73 is higher than 82% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Very Low
Business Services is among the least carbon-intensive industries
Industry performance
0.146
20182025
The Business Services industry has reduced its overall emissions by 25% since 2018
Emissions trajectory 2020 – 2028
202020212022202320242025202620272028
Reported emissions
Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e
Scope 3 accounts for ••• of total emissions.
Olam's reported carbon emissions
Olam: Carbon Emissions and Climate Commitments
For the fiscal year 2025, Olam reported total global greenhouse gas emissions of approximately 94.8 billion kg CO2e. This figure encompasses Scope 1, Scope 2, and Scope 3 emissions. Scope 1 emissions accounted for roughly 3.51 billion kg CO2e, while Scope 2 emissions were approximately 290 million kg CO2e. The vast majority of Olam's reported emissions for 2025 falls under Scope 3, with purchased goods and services contributing around 89.73 billion kg CO2e. Other significant Scope 3 categories for this year include waste generated in operations at approximately 40 million kg CO2e, fuel and energy-related activities at approximately 460 million kg CO2e, and upstream transportation and distribution at about 370 million kg CO2e.
In 2024, Olam's total global emissions were approximately 94.01 billion kg CO2e. Scope 1 emissions were around 3.79 billion kg CO2e, and Scope 2 emissions were approximately 260 million kg CO2e (market-based). Scope 3 emissions for 2024 were reported at a total of approximately 20 million kg CO2e, with purchased goods and services representing the largest portion at about 88.44 billion kg CO2e. Waste generated in operations was approximately 90 million kg CO2e, fuel and energy-related activities were around 570 million kg CO2e, and upstream transportation and distribution was about 500 million kg CO2e.
Olam has established significant climate commitments. The company is committed to reducing its absolute Scope 1 and 2 greenhouse gas emissions by 50% by 2030, using a 2017 baseline year, as validated by the Science Based Targets initiative (SBTi). Furthermore, Olam has committed to reducing its Scope 3 greenhouse gas emissions by 50% per tonne of agricultural product by 2030, and absolute Scope 3 emissions by 67% by 2050, also from a 2017 baseline. Olam Agri has a specific target to reduce its Scope 1, 2, and 3 GHG emissions by 42% by 2030 against a 2022 baseline. The company is also working towards preparing an SBTi target submission for a 30% reduction in Scope 3 emissions by 2030. Olam's sustainability strategy aims to mitigate and reduce GHG emissions, with a long-term objective of achieving carbon neutrality.
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Olam’s Climate Goals (2030 & 2050)
1 goal2030
50% reduction in Scope 1
Food and agri-business company Olam International Ltd. commits to reduce absolute scope 1 and 2 GHG emissions 50% by 2030 and 100% by 2050 f…
Behind target50%
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
4 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
2030 targetSee details
Active
Carbon Disclosure Project
2025 disclosureSee details
Not active
The Climate Pledge
See details
Not active
UN Global Compact Climate Champions initiative
See details
Active
RE 100
See details
Not active
Climate Action 100
See details
Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Olam3 months ago
73
Frequently asked questions
Common questions about Olam’s sustainability data and climate commitments
Olam's estimated global greenhouse gas emissions for 2025 are approximately 94.8 billion kg CO₂e. This figure includes all scopes—Scope 1, Scope 2, and Scope 3 emissions—with Scope 3 accounting for the largest share, roughly 89.7 billion kg CO₂e. Scope 1 emissions are around 3.5 billion kg CO₂e, and Scope 2 emissions are close to 290 million kg CO₂e. These numbers reflect Olam's significant environmental footprint in the agricultural and food production sectors, highlighting the importance of ongoing emission reduction efforts.
Data year: 2025
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