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Issue 13: Olam’s stubbornly rising emissions; shining the light on natural capital

Kenneth Lim

Kenneth Lim

Published Sun, Aug 13, 2023 · 10:54 PM
    • Olam’s emissions from plantations, concessions and farms have been stubbornly high over the past few years, and stood at 2.16 million tonnes of carbon dioxide equivalent in fiscal 2021.
    • Olam’s emissions from plantations, concessions and farms have been stubbornly high over the past few years, and stood at 2.16 million tonnes of carbon dioxide equivalent in fiscal 2021. ILLUSTRATION: KENNETH LIM

    In this issue: Olam unit Olam Food Ingredients secures a sustainability-linked facility, while Deloitte and WWF-Australia argue for the Asia-Pacific to play a leading role in valuing natural capital.

    Singapore

    Olam’s emissions challenge

    Olam Group unit Olam Food Ingredients (OFI) announced a multi-tranche US$1.98 billion sustainability-linked facility on Aug 30. The facility includes a 2- and 3-year revolving facility and a 3-year loan.

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