Olam is a Singapore-based company that operates in the Grain and Field Bean Wholesalers sector. The company was founded in 1989 and has since grown to become one of the largest agribusinesses in the world. Olam has a presence in over 60 countries and employs more than 35,000 people.

Olam's mission is to create value for all its stakeholders by delivering sustainable growth. The company is committed to decarbonisation and reducing its carbon footprint. In 2020, Olam committed to achieving net-zero emissions by 2040, ten years ahead of the Paris Agreement's target. To achieve this goal, Olam has set a target to reduce its Scope 1 and 2 emissions by 50% by 2030 and to achieve 100% renewable energy in its operations by 2030.

To achieve its decarbonisation goals, Olam is investing in renewable energy. The company is exploring various renewable energy sources, including solar, wind, and biomass. Olam has already installed solar panels in some of its facilities, and it plans to expand its renewable energy capacity in the coming years.

Olam is also committed to reducing its energy consumption. The company has implemented various energy-saving measures, such as energy-efficient lighting and equipment, to reduce its corporate energy consumption. Olam has also implemented a corporate power purchase agreement (PPA) to source renewable energy from a wind farm in India. This PPA will enable Olam to reduce its carbon footprint and support the development of renewable energy in India.

In addition to its renewable energy initiatives, Olam is also committed to sustainable agriculture. The company works closely with farmers to promote sustainable farming practices and improve yields. Olam's sustainability initiatives include providing training and support to farmers, promoting biodiversity, and reducing water usage.

Olam's commitment to sustainability has earned the company recognition from various organizations. In 2020, Olam was named in the Dow Jones Sustainability Indices (DJSI) for the seventh consecutive year. The DJSI is a global benchmark that assesses companies' sustainability performance.

Olam's sustainability initiatives have also helped the company to build strong partnerships with its customers. Many of Olam's customers are increasingly focused on sustainability and are looking for suppliers that share their values. Olam's sustainability initiatives have helped the company to differentiate itself from its competitors and build long-term relationships with its customers.

In addition to its sustainability initiatives, Olam is also focused on innovation. The company is investing in research and development to develop new products and improve its existing products. Olam's innovation initiatives include developing new crop varieties, improving processing techniques, and developing new packaging solutions.

Olam's commitment to sustainability and innovation has helped the company to grow and expand its business. In recent years, Olam has made several strategic acquisitions to strengthen its position in the agribusiness sector. In 2019, Olam acquired Dangote Flour Mills, a leading flour milling company in Nigeria. This acquisition helped Olam to expand its presence in the African market and strengthen its position in the flour milling industry.

In conclusion, Olam is a Singapore-based company that operates in the Grain and Field Bean Wholesalers sector. The company is committed to sustainability and decarbonisation and has set ambitious targets to reduce its carbon footprint and achieve net-zero emissions by 2040. Olam is investing in renewable energy and implementing energy-saving measures to reduce its corporate energy consumption. The company is also focused on sustainable agriculture and innovation. Olam's sustainability initiatives have helped the company to build strong partnerships with its customers and differentiate itself from its competitors.