ofi

Congratulations to the team at Mars for delivering over £88 million in social value across three of its UK CPG businesses! Through providing the business with a holistic understanding of its social, environmental and economic impact this marks a milestone moment in better understanding the value Mars creates beyond its direct operations. As one of the first companies in the world to report beyond financial capital through our Integrated Impact Statement (which we started back in 2017) ofi also measures the impact of our actions on the ground and assesses how these actions impact natural and social capital – aspects which are not covered in conventional financial statements. In doing so, we ensure our sustainability and finance teams speak a common numerical language that everyone can understand, evaluate, and articulate. #sustainablebusiness #socialimpact #ESG

At ofi we know the importance of building a nature-positive economy. Our vision is to be the preferred partner for positive change for our farmers, our customers and other stakeholders across our supply chains. Regenerating the living world remains central to our business strategy and that’s why we have endorsed the business statement from Business for Nature – calling for collective action at #COP16 to support nature, advocating for the Biodiversity Plan. #biodiversity #sustainability #ESG

We’re thrilled to announce that ofi will be attending the Gulfood Manufacturing 2024 event, taking place this November at the Dubai World Trade Centre. Meet us at Stand C-8,4, hall 8, where we will showcase our new range of on-trend, inspired product innovations and tailored Food and Beverage Solutions, which are built upon our five core products: cocoa, coffee, dairy, nuts, and spices. Whether you're looking for fresh ideas, innovative ingredients, or sustainable solutions, our team is eager to engage with you and answer all your questions. Come by our stand to see how we’re shaping the future of food and beverage and can be your partner of choice to deliver an end-to-end integrated experience. For more information, check out the event: https://lnkd.in/efbZVXc See you soon! #ofi #gulfoodmanufacturing2024

Coffee = Data x Knowledge x Exchange Interesting discussions at last week’s World Coffee Alliance's Innovation Summit with The World Bank, Starbucks, Volcafe, Tchibo, JDE Peet's, International Fund for Agricultural Development (IFAD), International Trade & Forfaiting Association and others, on the bigger role data can play in driving ‘nature positive’ impacts. With consumers demanding ever more information on items they purchase and increasing pressure from new ESG legislation, we know how critical data is to deliver these traceability requirements. But we should also focus on how to apply data-generated insights back at the source, to empower farmers and incentivize more ‘nature-friendly’ practices. Example: our farm data consistently shows that 70% of production comes from 30% of the best performing trees. Recognizing high and low productive spots within your farm allows for both mechanized high-tech (e.g. Brazil) or low-tech (e.g. Vietnam) solutions to precision nutrient management to reduce costs and environmental footprints. #COP16 #regerenativeagriculture #bethechange #coffee #climatechange

At ofi we know the importance of building a nature-positive economy. Ahead of #COP16, I am pleased to have been quoted in the Financial Times article about corporate efforts to becoming ‘nature positive’, written by Susannah Savage. It is clear that if we don't focus on nature, the business that we operate may not even exist in years to come. Farming may not be viable, and farmers may lose their livelihoods if the natural ecosystems that regulate their environment are not protected. As a business that is taking positive action on the ground, and is why we have committed in our Choices for Change strategy to reach 2 million ha of regenerative agriculture in our supply chains and engage in 20 landscape-scale partnerships by 2030. Businesses face a multitude of nature-related risks – and ahead of COP16 Colombia we call on governments to implement robust regulations that inspire meaningful action and enable businesses to take decisive corporate action on nature. Eva Zabey, Business for Nature Read the full article here: https://lnkd.in/eQu-vb7G #sustainablebusiness #biodiversity #sustainability #ESG

Our Head of Cocoa Sustainability in Indonesia, Imam Suharto, is speaking today at the Innovation Forum’s Driving Sustainable Development and Conservation through Transformative Partnerships webinar about LASCARCOCO - The Landscape Approach to Sustainable and Climate Change Resilient Cocoa and Coffee Agroforestry. Find out more about how the public-private partnership with USAID, The Hershey Company, Rikolto, and the Indonesian government supports cocoa and coffee farming communities transitioning to climate-smart practices and more sustainable landscape management. #partnerships #SustainableAgriculture #Indonesia #cocoa #coffee https://lnkd.in/eu6hZEqH

Proud to celebrate these investments with Feed the Future Market Systems and Partnerships who have helped drive our impact through collaboration with farmers, customers and other innovators in the landscape. #bethechange #InternationalCoffeeDay

Follow ofi North America (Olam Food Ingredients) to learn more about how our talented colleagues partner with our customers to create on-trend solutions in bakery, beverages, chocolate & confectionery, dairy & desserts, savory & culinary, and snacking. You'll also learn about our culture and how we're living our #purpose to be the change for good food and a healthy future.

Innovation Forum's Tobias Webb dives into ofi's new sustainability strategy Choices for Change, uncovering the 4-year-long process of creating metrics, methodologies and action plans that will shape our ongoing collaboration with farmers and customers to deliver ambitious but reportable 2030 targets that we believe will make a real difference. With ofi's CSO Roel van Poppel and Global Head Sustainability Impact Christopher Stewart https://lnkd.in/eAmutFQh #bethechange #sustainabilitygoals

"36% of B2B customers would change suppliers today if their sustainability needs aren't met," according to a new 2024 CEO Guide from Bain & Company. ofi CFO Rishi Kalra gives his perspective in the report. #BeTheChange