Olam

Olam, headquartered in Singapore and operating in other business services, reported approximately 94.8 billion kg CO2e in total greenhouse gas emissions for 2025. This includes about 3.51 billion kg CO2e from Scope 1 emissions, 290 million kg CO2e from Scope 2 (market-based), and 90.5 billion kg CO2e from Scope 3 emissions. Key Scope 3 categories include purchased goods and services (89.73 billion kg CO2e), fuel and energy-related activities (460 million kg CO2e), and upstream transportation and distribution (370 million kg CO2e).

Olam has set Science Based Targets initiative (SBTi) commitments to reduce absolute Scope 1 and 2 GHG emissions by 50% by 2030 and 100% by 2050, from a 2017 baseline. 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 baseline. These targets align with a "Well-below 2°C" classification.

Additionally, Olam's subsidiary, ofi, is working towards a 50% reduction in Scope 1 and 2 emissions and a 30% reduction in Scope 3 emissions by 2030, against a 2020 baseline. Another subsidiary, Olam Agri, targets a 42% reduction in Scope 1, 2, and 3 energy and industry GHG emissions by 2030, using a 2022 baseline.