Olam Cocoa strengthens its commitment to end deforestation in Global Cocoa Supply chain

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The company today announced further commitments to end deforestation and forest degradation in its entire cocoa supply chain worldwide. This includes the following key actions:

  • Achieved 100% traceability of its sustainable cocoa supply chain in Ghana and Côte d’Ivoire as part of the action plan to end deforestation by cocoa in West Africa
  • On track to achieve full traceability of its direct origination supply chain worldwide by 2020
  • Committed to supporting the restoration and preservation of 460,000 hectares of forêts classées in Côte d’Ivoire
  • Mapped 100% of its supplier network in Ghana and will use this data to identify suppliers perceived to be in areas of highest forest risk by the end of 2019
  • Distributing almost 1.2 million multi-purpose shade trees in Côte d’Ivoire and Ghana and 2 million improved cocoa seedlings to farmers in Ghana in 2019
  • Training 104,000 cocoa farmers in Good Agricultural Practices in Côte d’Ivoire and Ghana in 2019

As a signatory to the Cocoa & Forests Initiative (CFI) Olam Cocoa is implementing an action plan to eliminate deforestation, protect and restore forests and work with farming communities that depend on cocoa for their livelihoods, both in Ghana, Côte d’Ivoire and across its global cocoa supply chain.

Arouna Coulibaly, Business Head Olam Cocoa, Côte d’Ivoire, said: “This is a landmark moment for combating the complex issue of deforestation in West Africa and supporting a sustainable livelihood for millions of cocoa farmers. Olam Cocoa has already achieved 100% traceability from individual farms to first purchase point in both Côte d’Ivoire and Ghana and has mapped its entire supplier network in Ghana to be able to identify deforestation risk hotspots. We are pushing ourselves even further by aiming to map Cote d’Ivoire and other countries by the end of 2019.”

The action plans form part of Olam’s cross-commodity Living Landscapes Policy (LLP) which goes beyond forest policies by seeking to re-imagine the future of global agriculture where prosperous farmers, thriving rural communities, and healthy ecosystems can coexist.

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Olam Cocoa is implementing sustainability programmes in partnership with its international chocolate and confectionery customers, which are all independently verified and focused on three key areas:

Forest protection and restoration

Olam Cocoa, in partnership with the Ivorian Ministry of Forests and Water and alongside national government institutions, has committed to protect and support the restoration of the two forêts classées of Rapides Grah and Haute Dodo. These are located on the southern border of one of the last intact National Parks in the country, the Taï National Park. As the first cocoa company to sign a Letter of Intent (LOI) with the Ivorian Ministry of Forests and Water in 2018, followed by a Memorandum of Understanding (MOU), it will support the preservation and rehabilitation of 460,000 hectares.

Read Also:  Olam International offers to buy Nigeria's Dangote Flour Mills for N130bn

Commenting on the MOU, the Côte d’Ivoire Minister of Water and Forests, Alain-Richard Donwahi, said: “Olam Cocoa is taking a leadership position within the cocoa industry by engaging in a collaborative approach to forest restoration in the supply chain in Côte d’Ivoire. The company brings a high level of technical knowledge and an extension on the ground understanding that is critical for balancing the protection of this sensitive area around the Taï National Park with the livelihoods of smallholder cocoa farmers. We look forward to developing the joint plan of action to accelerate our progress towards solving these complex issues.”

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Sustainable production and farmer livelihoods 

As part of Olam Cocoa’s goal to achieve 100% traceable cocoa volumes from its global, direct origination supply chain by 2020, it has further scaled up its range of digital mapping tools. The Olam Farmer Information System (OFIS) records sustainability data such as bag-level traceability, training activities, labour and agricultural practices on farms, as well as GPS mapped data like farm size and distance to infrastructure. To date, 143,000 farms and 180,000 hectares of cocoa farmland have been mapped and 57,396 cocoa farmers have been issued with tailored Farm Development Plans that deliver personalised advice based on data about their farm.

To tackle unacceptable land use practices, Olam is developing a methodology to map the risk of forest loss and to identify suppliers in areas perceived to have the highest forest risk. To date, Olam Cocoa has GPS mapped 100% of its supplier network in Ghana and expects to have completed mapping in Côte d’Ivoire and other countries by the end of 2019.

Social inclusion and community engagement 

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In Ghana, Olam Cocoa has partnered with Rainforest Alliance to implement a Partnership for Livelihoods and Forest Landscape Management programme, which is conserving forest reserves around the Sui River, the Suhuman, Tano Ehuru and Tano Suhien. Its focus is on protecting the habitats of native species while sustaining agricultural livelihoods of 10,000 cocoa farmers and their local communities.

Olam Cocoa’s initial plans as part of CFI will be updated and finalised in 2019 after the governments have completed the ongoing legal and operational policy changes, the mapping of protected areas, baseline data collection, and other building blocks needed for full investment programming.

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Olam Cocoa strengthens its commitment to end deforestation in Global Cocoa Supply chain - Brand Spur

Emerging Stronger with Adaptable HR: Alight Solutions’ State of HR Transformation...

SINGAPORE - Media OutReach - 12 May 2021 - After releasing three insightful editions, we are delighted to bring to you the fourth edition of the Alight Solutions' State of HR Transformation Study in partnership with People Matters.


Olam Cocoa strengthens its commitment to end deforestation in Global Cocoa Supply chain - Brand Spur


The study, which was launched during the People Matters TechHR SEA, is themed around Emerging Stronger and sheds light on how some organisations are ahead of the curve in emerging stronger. A key finding was the positive sentiment that organisations in Asia have for the coming 12 months. Amongst them, adaptable organisations have reported that they are 1.5 times more likely to see positive growth in revenues and profits. The HR function has certainly proved its mettle in this case and shown how well it can manage disruption and guide organisations to emerge stronger.

Last year, Alight brought forward the construct of Adaptable HR as a guide to navigating the increasingly uncertain business and talent landscape in the midst of the biggest crisis faced. Exploring the anchors of adaptability in HR functions, Alight has consistently observed that HR Operating Model (interchangeably referred to as HR Service Delivery or Business Model) plays an important role in driving confidence on execution and productivity. When complemented with the right HR technology strategy, the results are amplified further.

Talking about this year's study, Vikrant Khanna (Sr. Director and Advisory Lead at Alight Solutions), exclaimed, "We are delighted to see how Adaptable HR function led organisations are recovering from the impact of the pandemic. While there is still quite a bit of uncertainty in the environment, the construct of Adaptable HR acts as a lighthouse for organisations to emerge stronger."

This year, as we continue to face new challenges and uncertainties posed by the pandemic, Alight found that organisations with Adaptable HR are emerging stronger to:


Olam Cocoa strengthens its commitment to end deforestation in Global Cocoa Supply chain - Brand Spur


Lead in being digital: Adaptable HR report twenty times the NPS on technology satisfaction as compared to market averages. This is due to the digital success enabled by leveraging HR Technology to complement the HR Operating Model. In addition, 50% of Adaptable HR have advanced along their adoption journey of robotics and cognitive technologies to drive efficiencies and improved experience for employees.

Enable shifts in the way we work: Adaptable HR functions are three times more likely to be proactive in driving institutional change, new ways of working, and adoption of work technologies. In fact, Adaptable HR functions report the use of up to 5 forms of work technologies. Factors that enabled quick adoption include investment priorities and the right efforts in helping adoption through investments in manager/ leader enablement.

Reimagine HR: Adaptable HR functions are three times more likely to succeed in delivering closer partnership with the business through their operating model and capabilities. The specific capabilities demanded in Adaptable HR functions are what sets them apart and enables the organisation to be agile by design.

Read Also:  Ghana to Cut Cocoa Prices for the 2017/2018 Light Crop Season

Shape and deliver value: Adaptable HR functions are almost three times more confident in their HR strategy and execution. This foundation and investment priorities enables them to be better equipped to address complexities and more proactive in responding to changes.

Olam Cocoa strengthens its commitment to end deforestation in Global Cocoa Supply chain - Brand Spur


The world of work too has undergone drastic transformation in these times. Adaptable HR functions have proven that HR is truly at the forefront of shaping and delivering value to stakeholders, enabling us to adopt new ways of working, and enable digital success. Throughout this report, observations were shared in terms of how Adaptable HR organisations have paved ways for new co-creations and solutions for people and organisations to emerge stronger.

It is an accumulation of all individual behaviour changes and the larger organisation change which leads to business success. It is no surprise that organisations with Adaptable HR functions are 1.5 times more likely to have favourable growth in revenues and profit before tax in the coming 12 months.

Shaswat Kumar (Vice President and Asia Leader, Alight Solutions) shares, "This year's findings demonstrate that Adaptable HR function led organisations are likely to succeed in their change agenda. This will enable organisations, not only to compete better, but also to deliver the right value to its constituents and shareholders."

Certainly, the future belongs to organisations that are able to continue their journey of Adaptable HR, lead transformation and emerge stronger!

The State of HR Transformation 2021, is the fourth edition of the Alight Solutions' flagship study on this subject. The study data was captured between Jan 2021 and Apr 2021 through an online survey. The insights combine data captured via a survey that saw participation from over 1,700 respondents (which were filtered down to 1,022 based on completeness and accuracy of responses), and observations of Alight Solutions in the space of HR Transformation.


About Alight Solutions

With an unwavering belief that a company's success starts with its people, Alight Solutions is a leading cloud-based provider of integrated digital human capital and business solutions. Leveraging proprietary AI and data analytics, Alight optimises business process as a service (BPaaS) to deliver superior outcomes for employees and employers across a comprehensive portfolio of services. Alight allows employees to enrich their health, wealth and work while enabling global organisations to achieve a high-performance culture. Alight's 15,000 dedicated colleagues serve more than 30 million employees and family members.


We deliver next level transformation at alight.com


Click here to download the exclusive report now. Let's emerge stronger together!

Olam Cocoa strengthens its commitment to end deforestation in Global Cocoa Supply chain - Brand Spur
- Advertisement -
spot_imgspot_img

Latest News

Emerging Stronger with Adaptable HR: Alight Solutions’ State of HR Transformation Study 2021

SINGAPORE - Media OutReach - 12 May 2021 - After releasing three insightful editions, we are delighted to bring to you the fourth edition of the Alight Solutions' State of HR Transformation Study in partnership with People Matters.


Olam Cocoa strengthens its commitment to end deforestation in Global Cocoa Supply chain - Brand Spur


The study, which was launched during the People Matters TechHR SEA, is themed around Emerging Stronger and sheds light on how some organisations are ahead of the curve in emerging stronger. A key finding was the positive sentiment that organisations in Asia have for the coming 12 months. Amongst them, adaptable organisations have reported that they are 1.5 times more likely to see positive growth in revenues and profits. The HR function has certainly proved its mettle in this case and shown how well it can manage disruption and guide organisations to emerge stronger.

Last year, Alight brought forward the construct of Adaptable HR as a guide to navigating the increasingly uncertain business and talent landscape in the midst of the biggest crisis faced. Exploring the anchors of adaptability in HR functions, Alight has consistently observed that HR Operating Model (interchangeably referred to as HR Service Delivery or Business Model) plays an important role in driving confidence on execution and productivity. When complemented with the right HR technology strategy, the results are amplified further.

Talking about this year's study, Vikrant Khanna (Sr. Director and Advisory Lead at Alight Solutions), exclaimed, "We are delighted to see how Adaptable HR function led organisations are recovering from the impact of the pandemic. While there is still quite a bit of uncertainty in the environment, the construct of Adaptable HR acts as a lighthouse for organisations to emerge stronger."

This year, as we continue to face new challenges and uncertainties posed by the pandemic, Alight found that organisations with Adaptable HR are emerging stronger to:


Olam Cocoa strengthens its commitment to end deforestation in Global Cocoa Supply chain - Brand Spur


Lead in being digital: Adaptable HR report twenty times the NPS on technology satisfaction as compared to market averages. This is due to the digital success enabled by leveraging HR Technology to complement the HR Operating Model. In addition, 50% of Adaptable HR have advanced along their adoption journey of robotics and cognitive technologies to drive efficiencies and improved experience for employees.

Enable shifts in the way we work: Adaptable HR functions are three times more likely to be proactive in driving institutional change, new ways of working, and adoption of work technologies. In fact, Adaptable HR functions report the use of up to 5 forms of work technologies. Factors that enabled quick adoption include investment priorities and the right efforts in helping adoption through investments in manager/ leader enablement.

Reimagine HR: Adaptable HR functions are three times more likely to succeed in delivering closer partnership with the business through their operating model and capabilities. The specific capabilities demanded in Adaptable HR functions are what sets them apart and enables the organisation to be agile by design.

Shape and deliver value: Adaptable HR functions are almost three times more confident in their HR strategy and execution. This foundation and investment priorities enables them to be better equipped to address complexities and more proactive in responding to changes.

Olam Cocoa strengthens its commitment to end deforestation in Global Cocoa Supply chain - Brand Spur


The world of work too has undergone drastic transformation in these times. Adaptable HR functions have proven that HR is truly at the forefront of shaping and delivering value to stakeholders, enabling us to adopt new ways of working, and enable digital success. Throughout this report, observations were shared in terms of how Adaptable HR organisations have paved ways for new co-creations and solutions for people and organisations to emerge stronger.

It is an accumulation of all individual behaviour changes and the larger organisation change which leads to business success. It is no surprise that organisations with Adaptable HR functions are 1.5 times more likely to have favourable growth in revenues and profit before tax in the coming 12 months.

Shaswat Kumar (Vice President and Asia Leader, Alight Solutions) shares, "This year's findings demonstrate that Adaptable HR function led organisations are likely to succeed in their change agenda. This will enable organisations, not only to compete better, but also to deliver the right value to its constituents and shareholders."

Certainly, the future belongs to organisations that are able to continue their journey of Adaptable HR, lead transformation and emerge stronger!

The State of HR Transformation 2021, is the fourth edition of the Alight Solutions' flagship study on this subject. The study data was captured between Jan 2021 and Apr 2021 through an online survey. The insights combine data captured via a survey that saw participation from over 1,700 respondents (which were filtered down to 1,022 based on completeness and accuracy of responses), and observations of Alight Solutions in the space of HR Transformation.


About Alight Solutions

With an unwavering belief that a company's success starts with its people, Alight Solutions is a leading cloud-based provider of integrated digital human capital and business solutions. Leveraging proprietary AI and data analytics, Alight optimises business process as a service (BPaaS) to deliver superior outcomes for employees and employers across a comprehensive portfolio of services. Alight allows employees to enrich their health, wealth and work while enabling global organisations to achieve a high-performance culture. Alight's 15,000 dedicated colleagues serve more than 30 million employees and family members.


We deliver next level transformation at alight.com


Click here to download the exclusive report now. Let's emerge stronger together!

Olam Cocoa strengthens its commitment to end deforestation in Global Cocoa Supply chain - Brand Spur
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