Materiality Assessment of OLAM

1. A REPORT ON
OLAM
Materiality Matrix
1/16/2018
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Presented by
Gaurav Sahay
17020240315
E&E

2. OLAM
We are a leading agri-business operating from seed to shelf in 70 countries,
supplying food and industrial raw materials to over 23,000 customers worldwide.
We grow, source, process, manufacture, transport, trade and market 47 different
agri-products. Our team of 70,000 full-time, seasonal, contract and temporary
employees work to bring essential agricultural products to homes around the globe
everyday.
Established in 1989, trading cashew from Nigeria to India, today we have built a
global leadership position in many of our businesses such as Edible Nuts, Cocoa,
Spices and Vegetable Ingredients, Coffee and Cotton.
Our Purpose
Olam is committed to responsible growth. We ensure profitable growth is achieved
in an ethical, socially responsible and environmentally sustainable manner. Only
by ensuring this is an integral part of our business model can we deliver long-
term value for all stakeholders. Olam is revolutionizing seed to shelf supply chains
through the Olam Sustainability Standard. Each step of Olam’s value chain is
being examined to identify and implement measures to sustainably deliver
products across all of its geographies by 2020.
Materiality
Focusing on issues that matter most Olam has identified 7 material areas that
impact our business either directly, or indirectly in our supply chain:
 Livelihoods
 Labour
 Food security and nutrition
 Food safety and quality
 Land
 Water
 Climate Change

3. LISTENING TO STAKEHOLDERS
Given the extent of our business – sourcing, trading, growing, processing and
distributing crops and raw industrial materials, many considered to be ‘high-risk’
sustainability-wise, and in many in emerging markets, Olam has a wide and
diverse stakeholder base.
This includes:
 Employees
 Investors
 Large and small-scale farmer suppliers
 Communities
 Customers from multinational brands and retailers to SMEs
 Campaigning NGOs
 Technical NGOs who are partners in many cases
 Financiers, including Development Finance Institutions
 Governments
 Regulatory bodies such as the commodity exchanges
 Industry standard bodies
 Trade associations
 Certification partners
 Foundations
 Research Institutions
In Addition
Olam’s initiatives in rural communities are one aspect of this, and in 2010 The
Olam Livelihood Charter (OLC) was launched to set a benchmark for projects that
incorporate all 8 charter Principles of finance, improved yield, labour practices,
market access, quality, traceability, social investment and environmental impact.

4. Materiality Matrix
Importance of Business
S
A
T
K
E
H
O
L
D
R
E
S
H
I
G
H
LOW High
 Economic Performance
 Biodiversity
 Products and Services
 Food Security: (Demonstrate
chemical reduction in
agriculture)
 Climate risk Accessment
 Child Labour
 Suppy chain management
 Finantial performance
 R&D
Medium
 Food Safety(Demonstrate
chemical reduction in
agriculture)
 Water
 Land
 Market presence
 GHG Emissions
 Customer
 Labour / Management
Relations
 Occupational Health & Safety
 Training and Education
 PRODUCT RESPONSIBILITY
 Forced or Compulsory Labour
 Livelihoods: (impacts the
smallholders in our third-party
supply chain)
 Compliance
 HUMAN RIGHTS
 PRODUCT RESPONSIBILITY
 labour standards
 Campaigning NGOs
 Local Communities
 Effluents and Waste
 Certification partners
 Transport
 Labour relations
 customers
 OlamLivelihood Charter
(OLC)

5. Conclusion:
Our goals underpin these material areas, and Olam has reported on the
progress in the Social and Environment sections. Olam also listen to the
opinions of our stakeholders who include customers, communities,
NGOs, Development Finance Institutions and banks, foundations,
shareholders and employees.
It is important to remember, In a smallholder landscape, climate change
may impact on water availability and farmer livelihoods. In a processing
facility, labour standards can impact on food safety. This is why Olam
takes ‘a landscape’ approach, always seeking to understand the potential
risks and opportunities that an action in one area can have in several
others.