Olam International claims 100% traceable cocoa from its dire

Olam International claims 100% traceable cocoa from its directly sourced supply chain


Olam International claims 100% traceable cocoa from its directly sourced supply chain
By Anthony Myers
Olam International, the global food and agri-business with cocoa now under its Olam Food Ingredients (OFI) division, has released its 2020 Annual Report, claiming to have met its target for 100% traceability of its directly sourced cocoa.
Outlining the company’s financial and non-financial performance for the year the report states that Olam has successfully navigated the pandemic to emerge stronger, delivering robust operational financial performance in 2020 with a strong execution of the Group’s Strategic Plan to drive sustainable growth.
Olam also said it has made significant progress on its Re-organisation Plan to ‘unlock and maximise long-term sustainable value via carve-out, IPO and concurrent demerger of Olam Food Ingredients (OFI) and pursue similar strategic options for Olam Global Agri (OGA)’.

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