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ofi recognized as industry leader on living income for second consecutive year

Press ReleasesMar 24, 2026
Platform Living Wage Financials awards ofi “Advanced” status for its data-driven living income approach in context of systemic farmer poverty

  • ofi named the most advanced company in food & agriculture on living income by PLWF

  • ofi works to enable industry access to its Living Income Calculator, deepening shared learnings

ofi named sector leader for living income progress

ofi has been recognized as the most advanced company in the food and agriculture sector for its efforts to close living income gaps by the Platform Living Wage Financials (PLWF1). The ranking reflects ofi’s structured, evidence-based approach to making inroads into tackling the living income problem.

According to PLWF, ofi is one of four companies to disclose the (estimated) income gaps between the incomes in their supply chains and established benchmarks. It is also the only company to show the effectiveness of its policy in closing the gaps.

ofi has collaborated with customers and partners to advance farmer livelihoods for over two decades. Under its Choices for Change sustainability strategy, it is working towards two 2030 goals: providing livelihood support to 1 million farming households, and a north star for 200,000 farmer households in its network to achieve a living income. In 20242 ofi provided livelihood support to over 450,000 farmers, and more than 150,000 of them earned a living income. The company notes that living income remains heavily influenced by external factors such as commodity prices, so progress is best understood by tracking trends over time using consistent, data-led measurement.

Roel van Poppel, Chief Sustainability Officer at ofi, said:

“Living income is a complex, systemic challenge shaped by factors beyond any single company’s control, from land size and productivity to wider economic conditions, so this recognition is encouragement to deepen collective action rather than a signal that the job is done.

By sharing our tools, data, and learnings, we aim to help partners better understand the challenges of living income in their supply chains. This enables more targeted actions to drive progress, while promoting a common understanding of the private sector's role in this space.”

Smallholders living income infographic

Expanding industry access to the Living Income Calculator

To encourage sector-wide alignment, ofi is working with other industry partners, led by SaaS platform TRACT and IDH, to refine its Living Income Calculator. This initiative aims to help turn what is currently a costly and complex process into one that is simpler, collaborative, and comparable across the industry. It offers a practical tool to help companies address the steps outlined in the new technical guidance for Living Income in Due Diligence, recently presented by LICOP at an EU Parliament roundtable hosted by MEP Saskia Bricmont. As an active participant in the event, organized by the Living Income Community of Practice and the Fair Trade Advocacy Office (FTAO3), ofi shared key living income learnings with policymakers.

Evidence-based progress in action

In a four-year partnership with ALDI and coffee farmers in Honduras, the Living Income Calculator was used to help understand the size of the living income challenge, the nature of the gap, and guide targeted support - from improved agronomy to literacy training. The most vulnerable farmers saw their average yields increase from 706 kg/ha to 957 kg/ha (+35%). While yield estimates are inherently challenging and should be interpreted with caution, the result points to encouraging progress.

Alena Kahle, Senior Policy and Project Coordinator at the Fair Trade Advocacy Office, said:

" We have been pleased to collaborate with ofi and welcome them into key discussions with EU decision makers. In a policy landscape filled with noise and where some narratives challenge the value of due diligence and living incomes, ofi has strongly emphasised that responsible business conduct is essential for supply chain resilience and long-term competitiveness.”


Notes to Editors

  • The PLWF assessment evaluates companies across multiple dimensions, including commitment to living income principles, transparency in measurement and reporting, implementation of programs to close living income gaps, and collaboration with stakeholders.

  • PLWF and ofi adopt the definition of the Living Income Community of Practice (LICOP): A living income is the net annual income required for a household to afford a decent standard of living, covering food, water, housing, education, healthcare and other essential needs.

  • For ofi, living income functions as a contextual indicator to understand farmers’ economic reality and guide interventions rather than a simple pass/fail performance benchmark for individual companies.

What the Living Income Calculator offers

ofi is working with TRACT and IDH to enable other companies to access ofi’s Living Income Calculator to:

  • Estimate living income gaps in defined supply chains

  • Understand the nature of those gaps

  • Simulate the impact of various interventions

  • Track progress over time


1 The PLWF is a coalition of 24 financial institutions that engage with and encourage investee companies to address the non-payment of living wages and incomes in global supply chains. As an investor coalition, the PLWF represents over €7 trillion AUM.

2 2025 data on livelihoods and living income will be published by ofi in the second half of 2026.

3 The FTAO is a joint initiative of Fairtrade International, the World Fair Trade Organization, and the World Fair Trade Organization-Europe.

About ofi

ofi (olam food ingredients) is an operating group born out of Olam. ofi offers sustainable, natural, value-added food products and ingredients so that consumers can enjoy the healthy and indulgent products they love. It consists of industry-leading businesses of cocoa, coffee, dairy, nuts, and spices. ofi has built a unique global value chain presence including its own farming operations, farm-gate origination, and manufacturing facilities. ofi partners with customers, leveraging its complementary and differentiated portfolio of ‘on-trend’ food products, to co-create solutions that anticipate and meet changing consumer preferences as demand increases for healthier food that’s traceable and sustainable. To subscribe to the ofi newsroom, please visit www.ofi.com/news-and-events (privacy statement here). If you do not wish to receive information from ofi please contact media@ofi.com. Follow @ofi-group on LinkedIn.

About Olam Group

Olam Group 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, processing and distribution operations, as well as a global network of farmers.

Through 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 positive impact for farming communities, our planet and all our stakeholders.

Headquartered and listed in Singapore, Olam Group currently ranks among the top 30 largest primary listed companies in terms of market capitalisation on SGX-ST. Since 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.

More information on Olam can be found at www.olamgroup.com.

Olam is located at 7 Straits View, Marina One East Tower #20-01, Singapore 018936.

Telephone: +65 63394100, Facsimile: +65 63399755.

Corporate Contacts

Emma Blinkhorn

Global Head of Sustainability Communications, ofi

emma.blinkhorn@ofi.com

+ 44 7774334753

Zoe Maddison

Senior Sustainability Communications Manager, ofi

zoe.maddison@ofi.com

+ 44 7825 904234