Olam

Olam, headquartered in Singapore and operating within the 'Other business services (74)' industry, reported approximately 94.8 billion kg CO2e in total gross carbon emissions for 2025. This includes about 3.51 billion kg CO2e from Scope 1 emissions, 290 million kg CO2e from Scope 2 market-based emissions, and approximately 90.6 billion kg CO2e from Scope 3 emissions. Key contributors to Scope 3 emissions in 2025 were purchased goods and services (around 89.73 billion kg CO2e), fuel and energy-related activities (460 million kg CO2e), and upstream transportation and distribution (370 million kg CO2e).

For 2024, Olam reported total gross emissions of approximately 94.01 billion kg CO2e, with Scope 1 emissions at around 3.79 billion kg CO2e, Scope 2 market-based emissions at 260 million kg CO2e, and Scope 3 emissions at approximately 90.1 billion kg CO2e.

Olam has set several climate commitments. Notably, the company has Science Based Targets initiative (SBTi) approved goals, committing to reduce absolute Scope 1 and 2 GHG emissions by 50% by 2030 and 100% by 2050 from a 2017 base year. Additionally, Olam International Ltd. 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, also from a 2017 base year. The SBTi states that these targets covering Scope 1 and 2 emissions are consistent with reductions required to keep warming to well-below 2°C.

Olam Agri, a segment of the company, targets reducing its Scope 1, 2, and 3 GHG Energy and industry emissions by 42% by 2030, against a 2022 baseline. Furthermore, another segment, ofi, aims for a 50% reduction in Scope 1 and 2 emissions and a 30% reduction in Scope 3 emissions by 2030, against a 2020 baseline, in line with its "Choices for Change" sustainability strategy.