How we keep our standards high

How we do business is just as important as success itself, and high standards of behavior are fundamental to the values and culture of ofi. That’s why working in an ethical, socially responsible and environmentally sustainable way is embedded in every aspect of our business. The standards we expect are set out in the Code of Conduct and other specific policies covering all elements of our operations.

Anti-bribery
Countering corruption

Our Anti-bribery and Corruption (ABC) Policy reflects our commitment to uphold local and international law, and make sure our employees act with integrity.

Whistleblowing
Speak Out!

You must speak out if you are made aware of, suspect, or see any serious wrongdoing or violation of out Code of Conduct,  ofi policies and/or applicable laws. The Speak Out! System allows you to report anonymously and confidentially. ofi will not retaliate against any person who reports their concerns in good faith.

Fair Employment
Respecting human rights

We work hard to make sure all employees are treated with dignity and fairness, and that their rights are respected. Our Fair Employment Policy is in full compliance with the conventions of the International Labor Organization (ILO) and United Nations Global Compact’s (UNGC) guiding principles .

Supplier Principles

The ofi Supplier Principles

At ofi, upholding high standards of behavior and conducting business in an ethical, socially responsible, and environmentally sustainable manner is integral to our continued success. We also expect our suppliers to also embrace responsible workplace practices which are communicated in the ofi Supplier Principles.

Human Rights & Labor
Respecting human rights

As a large, global company we have a responsibility to make sure human rights are respected in all parts of our business.

Privacy Policy
Protecting the data and information of others

Our Privacy Policy sets out how we safeguard people’s information.

Living Landscapes
Producing and sourcing sustainable ingredients

The Living Landscapes Policy supports a ‘Net-Positive’ approach to sustainable development in agricultural supply chains and landscape management. The co-existence of prosperous farmers and food systems, with thriving communities and healthy ecosystems, with the aim of putting more back into food and farming systems than is taken out. 

PCF Code
Producing and sourcing sustainable ingredients

The Plantations, Concessions and Farms (PCF) Code defines the process and standards for managing the environmental and social requirements of acquisitions and new and existing upstream developments across the entire project lifecycle. It is applied in conjunction with theLiving Landscapes Policy.

Animal Welfare
Producing and sourcing sustainable ingredients

We fully support high animal welfare standards. These include not only good health, but mental wellbeing and the ability of animals to exhibit species-specific behaviour.

Agri Supplier Code
Producing and sourcing sustainable ingredients

We aim to build long-term relationships with suppliers based on responsible business practices and trust. The Agri Supplier Code sets out our expectations to support our goal to purchase raw materials and products produced in a manner that is socially responsible, economically profitable and environmentally sustainable.

Responsible marketing
Responsible marketing

Our approach to marketing is in line with our high standards of business ethics.

GMO
Genetically Modified Organisms(GMOs)

Olam supports a science-based approach to Genetically Modified Organisms.

Sourcing palm oil responsibly

Our dairy and specialty fats businesses procure palm oil from third parties. We are committed to the RSPO standard, protection of High Conservation Value forests and ecosystems, High Carbon Stock forests, peatland, and improving the livelihood of rural communities across the palm oil we source.

 

Read our Responsible Sourcing Palm Oil Policy here.

Read ofi news

Press Release Oct 7, 2024
ofi shortlisted in trio of sustainability awards for pioneering social impact initiatives

On International Coffee Day, the World Coffee Innovation Awards prized ofi's efforts to address child labor risks in major coffee-growing origins with its ‘Coffee Kindergartens’ initiative winning the ‘Best Sustainability Initiative’ category.

 

The Kindergartens are set up by ofi’s local coffee teams each year, supported by its specialty coffee business Covoya, in areas identified as high-risk through community surveys, part of its Child Labour Monitoring and Remediation System (CLMRS). They offer a safe space for children to play and learn during the school holidays while their parents harvest coffee on the farms.

 

The success of the first Coffee Kindergarten in Guatemala, run in partnership with NGO Funcafé in 2020, attracted support from donors and customers, allowing ofi to expand the initiative to set up a further 22 Kindergartens last year in Guatemala and two in Honduras and Nicaragua with local NGO Educo.

 

On the same day, the Reuters Sustainability Awards shortlisted ofi in the Business Transformation category for pioneering work in natural capital accounting. ofi was one of the first companies in the world to start reporting the impact of its sustainability efforts in dollars and cents through its Integrated Impact Statement (IIS) and today, is applying multi-capital accounting to delve into the year-on-year monetary impact of selected coffee and cocoa programs.

 

ofi was also shortlisted in the Social Impact category for its first social capital impact valuation which assessed the value of customized support delivered to approximately1,000 coffee farmers as part of a living income project in Honduras with partner ALDI SOUTH Group. Analysis for the 2021-2022 and 2022-2023 crop years revealed a Social Return on Investment (SROI) of eight dollars for every dollar invested.

 

Roel Van Poppel, Chief Sustainability Officer at ofi said: "These achievements reflect our ongoing efforts to double down on the topics that matter most to our customers and the communities where we operate, and where we can make the greatest impact.

 

“We are able to do this because of the expertise and relationships we’ve grown in the heart of farming communities. And we’re choosing to achieve a lot more under our ‘Choices for Change’ sustainability strategy with 2030 targets to raise 200,000 ofi farmer households to a living income and remediate 100% of identified human rights cases, which our plans for 50 new Coffee Kindergartens will contribute to. We are inviting our customers and other partners across the supply chains to join these projects so we can collectively drive positive change.”

 

#bethechange

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