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The report describes a value chain spanning 60+ countries, covering farming, origination, processing and distribution, guided by the Purpose to re-imagine global agriculture and food systems. It also covers ESG recognition, including inclusion in the FTSE4Good Index Series, and provides an extensive structure of strategic, governance, financial, and sustainability reporting sections.",{"@graph":69,"@context":123},[70,84,106],{"@type":71,"itemListElement":72},"BreadcrumbList",[73,77,79,82],{"item":74,"name":75,"@type":76,"position":8},"https://docshare.wps.com","Home","ListItem",{"item":78,"name":9,"@type":76,"position":14},"https://docshare.wps.com/document/",{"item":80,"name":40,"@type":76,"position":81},"https://docshare.wps.com/document/research-report/",3,{"item":83,"name":65,"@type":76,"position":19},"https://docshare.wps.com/document/olam-group-limited-annual-report-2024-annual-report-and-sustainability-disclosures/500809/",{"url":83,"name":65,"@type":85,"image":86,"author":91,"headline":65,"publisher":94,"fileFormat":97,"inLanguage":63,"description":67,"dateModified":98,"datePublished":99,"encodingFormat":97,"isAccessibleForFree":100,"interactionStatistic":101},"DigitalDocument",{"url":87,"@type":88,"width":89,"height":90},"https://docshare.wps.com/thumbnails/olam-group-limited-annual-report-2024-annual-report-and-sustainability-disclosures/500809.png","ImageObject",300,407,{"name":92,"@type":93},"OmBimo","Person",{"url":74,"name":95,"@type":96},"DocShare","Organization","application/pdf","2026-10-22","2026-10-03",true,{"@type":102,"interactionType":103,"userInteractionCount":105},"InteractionCounter",{"@type":104},"ViewAction",12,{"@type":107,"mainEntity":108},"FAQPage",[109,115,119],{"name":110,"@type":111,"acceptedAnswer":112},"What does Olam Group do across its value chain?","Question",{"text":113,"@type":114},"Olam supplies food, ingredients, feed and fibre, with operations spanning farming, origination, processing and distribution across multiple countries.","Answer",{"name":116,"@type":111,"acceptedAnswer":117},"What is Olam’s stated Purpose in the report?",{"text":118,"@type":114},"Olam’s Purpose is to “Re-imagine Global Agriculture and Food Systems,” aiming to address food system challenges while creating positive impact for farming communities, the planet and stakeholders.",{"name":120,"@type":111,"acceptedAnswer":121},"How is Olam’s ESG performance reflected in the report?",{"text":122,"@type":114},"The report notes inclusion in the FTSE4Good Index Series since June 2020, which evaluates Environmental, Social and Governance practices based on supply chain, environmental impact, and governance transparency.","https://schema.org",{"og:url":83,"og:type":125,"og:title":65,"og:site_name":95,"og:description":67},"article",{"robots":127,"canonical":83},"index,follow",{"doc_id":129,"site_id":62},500809,1791139800,{"code":4,"msg":5,"data":132},{"doc_id":129,"user_id":133,"nickname":92,"user_avatar":134,"doc_module":4,"category_id":39,"category_name":40,"doc_title":65,"doc_description":67,"doc_content":135,"file_id":136,"file_url":137,"file_type":138,"file_size":139,"view_count":105,"is_deleted":4,"is_public":8,"is_downloadable":8,"audit_status":8,"page_count":140,"language":141,"language_code":63,"site_id":62,"html_lang":63,"table_of_contents":142,"faqs":143,"seo_title":144,"seo_description":67,"update_tm":145,"read_time":146},962090893581,"https://ap-avatar.wpscdn.com/davatar_276721f389ce27ea32af1340a28f341c","Unlocking value,  \nexploring new horizons  \nOlam Group Limited Annual Report 2024  \nAbout Olam Group Limited  \nOlam Group Limited is a leading food and agri-business supplying food, ingredients, feed and fibre to almost 22,000 customers worldwide. Our value chain spans over 60 countries and includes farming, origination, processing and distribution operations.  \nThrough our Purpose to ‘Re-imagine Global Agriculture and Food Systems’, Olam Group aims to address the many challenges involved in meeting the needs of a growing global population, while achieving a positive impact for farming communities, our planet and all our stakeholders.  \nHeadquartered and listed in Singapore, Olam Group currently ranks among the top 30 largest primary listed companies in Singapore in terms of market capitalisation on SGX-ST.  \nSince June 2020, Olam Group has been included in the FTSE4Good Index Series, a global sustainable investment index series developed by FTSE Russell, following a rigorous assessment of Olam’s supply chain activities, impact on the environment and governance transparency. The FTSE4Good Index Series identifies companies that demonstrate strong Environmental, Social and Governance (ESG) practices, and is used by a variety of market participants to create and assess responsible investment funds.  \nRead our Supplementary Sustainability Disclosures on[olamgroup.com/annual-reports/SSD](olamgroup.com/annual-reports/SSD)  \nContents  \nStrategic report  \n2 Overview  \n4 Chairman’s letter  \n8 Group CEO’s review  \n14 Financial and performance highlights, and five-year summary  \n18 Group CFO’s review  \n26 ofi  \n44 Olam Agri  \n61 Remaining Olam Group  \n85 Sustainability  \n97 Environment  \n111 Social  \n122 People and culture  \n132 Response to the TCFD  \n141 Preparations for adopting TNFD  \n142 Risk management  \n146 Multi-capital accounting (Integrated Impact statement)  \n163 General information  \nGovernance report  \n166 Governance at a Glance  \n168 Meet the Board  \n173 Purposeful Governance  \n182 Nomination and Remuneration Committee report  \n187 Audit and Risk Committee report  \n197 Sustainability Committee report  \n200 Managing stakeholder relationships  \nFinancial report  \n206 Directors’ statement  \n211 Independent auditor’s report  \n215 Consolidated profit and loss account  \n216 Consolidated statement of comprehensive income  \n217 Balance sheet  \n218 Statements of changes in equity  \n221 Consolidated cash flow statement  \n223 Notes to the Financial Statements  \n287 Corporate information  \n288 Shareholding information  \n290 Notice of Annual General Meeting  \n298 Addendum to the Annual Report 2024 Proxy form  \nWe focus on driving sustainable growth, building on our strengths to shape a more resilient and responsible future. We harness today’s opportunities to create long-term value for both our business and the world around us.  \nOlam Group Limited Annual Report 2024 1  \nStrategic report  \nGovernance report  \nFinancial report  \nGroup at a glance  \nDriving future value through transformation  \n|  |  |  |  |  |\n| --- | --- | --- | --- | --- |\n| Olam Group at a glance\u003Cbr>We grow, source, trade, process, manufacture and distribute food ingredients, feed and fibre including cocoa, coffee, wheat, rice, cotton and wood, alongside trading and risk management expertise, to customers around the globe. We work with a range of suppliers and customers, from large-scale farmers to smallholders, from food manufacturers to artisanal chefs, from packaged food producers to retailers, and from feed producers to cotton spinners. We deliver our products and services through our different businesses with the support of our employees. |  |  |  |  |\n| \u003Cbr>\u003Cbr>ofi is partnering with customers to co-create solutions that anticipate and meet changing consumer preferences.\u003Cbr>Our product platforms include:\u003Cbr>Cocoa; coffee; dairy; nuts; and spices.\u003Cbr>Read more on pages 26 to 43. |  |  | \u003Cbr>\u003Cbr>Olam Agri is transforming food, feed and fibre to cultivate amore sust","cbCairFcGozVwX5i","https://ap.wps.com/l/cbCairFcGozVwX5i","pdf",18722589,308,"English","# Strategic report\n## Overview\n## Chairman’s letter\n## Group CEO’s review\n## Financial and performance highlights, and five-year summary\n## Group CFO’s review\n## Sustainability\n## Environment\n## Social\n## People and culture\n## Response to the TCFD\n## Preparations for adopting TNFD\n## Risk management\n## Multi-capital accounting (Integrated Impact statement)\n# Governance report\n## Governance at a Glance\n## Meet the Board\n## Purposeful Governance\n## Nomination and Remuneration Committee report\n## Audit and Risk Committee report\n## Sustainability Committee report\n# Financial report\n## Directors’ statement\n## Independent auditor’s report\n## Consolidated profit and loss account\n## Balance sheet\n## Consolidated cash flow statement\n## Notes to the Financial Statements","[{\"question\":\"What does Olam Group do across its value chain?\",\"answer\":\"Olam supplies food, ingredients, feed and fibre, with operations spanning farming, origination, processing and distribution across multiple countries.\"},{\"question\":\"What is Olam’s stated Purpose in the report?\",\"answer\":\"Olam’s Purpose is to “Re-imagine Global Agriculture and Food Systems,” aiming to address food system challenges while creating positive impact for farming communities, the planet and stakeholders.\"},{\"question\":\"How is Olam’s ESG performance reflected in the report?\",\"answer\":\"The report notes inclusion in the FTSE4Good Index Series since June 2020, which evaluates Environmental, Social and Governance practices based on supply chain, environmental impact, and governance transparency.\"}]","Olam Group Limited Annual Report 2024 - Annual report and sustainability disclosures | PDF",1791015285,776]