Investors

ofi is a global leader at the forefront of food & beverage consumer trends. Through its complementary portfolio of cocoa, coffee, dairy, nuts and spices, ofi delivers sustainable, natural, and plant-based ingredients & solutions to its global and diversified customer base.

Investor information

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Formed in early 2020, ofi is part of a strategic reorganisation of Olam Group Limited to simplify Olam’s portfolio, sharpen its focus, and most importantly, unlock long-term value. We plan to achieve this through a carve-out, IPO and demerger of ofi.

ofi is a global business uniquely positioned to benefit from transformational consumer trends in the food & beverage sector. We have built market-leading positions on six continents, consistently meeting our customers’ needs for sustainable, on-trend, natural and plant-based products.

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ofi is one of two operating groups within Olam Group Limited, a leading global food and agri business listed on the Mainboard of the Singapore stock exchange. Olam has a strong track record of supplying food, feed and fibre around the world. It’s backed by blue-chip investors including Temasek Holdings, a global investment company headquartered in Singapore, and Mitsubishi Corporation.

For ofi investor relations, please contact investors@ofi.com.

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Press Release Nov 20, 2024

From agronomy to AI: ofi accelerates sustainability impact across global nuts supply chains

Powering beehives with AI in California, and empowering cashew farmers across Africa and Asia are just two highlights published by global ingredients leader ofi, in its latest sustainability report for its nuts business.

The annual ‘Nut Trails’ impact report¹ details progress delivered by ofi’s origin teams of agronomists and social workers, together with partners across its global almond, cashew and hazelnut operations in 2023. Notable initiatives include the KIND Almond Acres Initiative, testing regenerative agriculture practices across 500 acres in California, and expanding the deployment of AI-powered BeeHome™ technology2 to protect pollinators.

Press Release Nov 20, 2024

AtSource receives equivalence under the SAI Platform’s Farm Sustainability Assessment – FSA 3.0.

Two tiers of ofi’s sustainability management system AtSource – AtSourceV and AtSource+ – have been recognized as equivalent schemes against the Sustainability Farm Assessment FSA 3.0 from the SAI platform, obtaining the gold and silver equivalence levels respectively for its spices, cocoa, coffee, and nuts products. This achievement reiterates ofi’s commitment to sustainability and to customers in their journey towards meeting their commitments.

We are pleased to announce that AtSource+ and AtSourceV have been benchmarked as equivalent schemes against the Sustainable Agriculture Initiative (SAI) Platform’s Farm Sustainability Assessment scheme – FSA Version 3.0, obtaining the highest-level equivalence for the AtSource+ tier¹.

The SAI Platform's Farm Sustainability Assessment FSA 3.0 provides a widely recognized framework to assess, improve, and validate on-farm sustainability in agricultural supply chains.

Following the benchmarking results, the AtSource system has achieved:

FSA Gold level equivalent for the AtSource+ tier, being the highest-level recognition and confirming best-in-class sustainable practices for farms in AtSource+ supply chains, and their commitment to high environmental and social responsibility standards.
FSA Silver level equivalent for the AtSourceV tier, confirming farms are meeting a well-defined standard of responsible agricultural practices. This includes good environmental stewardship, respect for labor rights, and safe working conditions.

Articles Nov 14, 2024

Rishi Kalra, Executive Director and Group CFO at ofi quoted in Financial Times curtain raiser article ahead of COP 16

For Olam Food Ingredients, one of the world’s biggest suppliers of food and drink ingredients, the alarm rang with the bees.

As one of the world’s largest almond growers, OFI says it spends between $8mn and $11mn a year on honeybees needed to pollinate almond trees. Despite this, productivity on the farms started to decline “because the bees were stressed by their industrialised environment”, says Rishi Kalra, executive director and group chief financial officer. “So, we worked with partners to create natural habitats for bees on our farms and reduce their exposure to agrichemicals. What we saw was that productivity steadily increased.”

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