Olam’s AtSource Wins 2020 Reuters Responsible Supply Chain Award

Must Read

List of United Bank for Africa (UBA) Sort Codes & Branches (with addresses) in Nigeria

The sort code is a number that usually identifies both the bank and the branch where an account is held. The sort...

How To Block Your Bank Account And SIM Card In Case Of Emergency

Losing your phone and wallet or having them stolen can be very frustrating. However, in case that happens to...

List of Access Bank Sort Codes & Branches (with addresses) in Nigeria

The sort code is a number which usually identifies both the bank and the branch where an account is...
- Advertisement -

AtSource, a revolutionary sustainability insights platform developed by global food and agri-business Olam to provide actionable data for manufacturing and retail customers of the third-party supply chains for products like coffee, cocoa, cashew, cotton, and rice, has just won the 2020 Reuters Responsible Supply Chain Award.

The Reuters Responsible Business Awards recognise leading strategies shaping the future of sustainable business. The judging panel, drawn from business, media, NGOs, and academia, said of Olam’s winning submission:

“AtSource is a highly innovative and scalable plus well-established model that allows Olam’s customers – for the first time – to track the social and environmental footprint of a product from the farmer group, to their factory gate. It uses 150 economic, social and environmental metrics, bringing transparency to what has been a rather opaque part of the commodity industry. Very much leading a new, sustainable path for their industry.”

The platform is industry-leading in terms of the visibility it gives companies into their supply chains; for instance, access to accurate greenhouse gas and water footprint analysis, detailing the multiple contributing factors, such as fertiliser use, irrigation and land-use change. With the information, customers can embark on targeted and therefore cost-efficient sustainability programmes with Olam, as well as provide detailed and transparent communications with their stakeholders.

Read Also:  GX Foods unveils Frudi Fruit Juices (Pictures)

Since the launch of AtSource in 2018, it has been rolled out across 30 origins and 150 customers, with a target for all directly sourced products to meet AtSource Entry criteria by 2023.

- Advertisement -

Olam’s AtSource Wins 2020 Reuters Responsible Supply Chain Award Accepting the award, Roel Van Poppel, CEO, AtSource said:

“We are honoured and grateful to receive this award, which wouldn’t have been possible without the relentless determination of all of Olam’s colleagues involved in our businesses and origins, and I am encouraged by the fact the Reuters Responsible Business Award jury recognised Olam’s commitment to being transparent and truly purpose driven. Yet there is still an enormous amount of work to do to achieve our overarching objective of generating transformative impact in our supply chains that benefits farmers, communities, and ecosystems.”

- Advertisement -
Olam’s AtSource Wins 2020 Reuters Responsible Supply Chain Award - Brand SpurOlam’s AtSource Wins 2020 Reuters Responsible Supply Chain Award - Brand Spur
- Advertisement -

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Olam’s AtSource Wins 2020 Reuters Responsible Supply Chain Award - Brand SpurOlam’s AtSource Wins 2020 Reuters Responsible Supply Chain Award - Brand Spur

Latest News

The new 2022 Volkswagen Golf R brings more power, tech and fun than ever before

It has been just under two decades since Volkswagen revealed the first Golf R32, a then-unexpected combination of the...

WorldRemit Launches a New Price Drop on Transfers to Nigeria this Black Friday

WorldRemit, a leading global digital payments company, has announced the launch of its new zero percent pricing for international transfers to Nigeria. The new lowered...

MTN enhances Business Growth at ICT and Business Skills Programme

MTN Nigeria, as part of its ICT and Business Skills programme, hosted young Nigerians to a capacity-building workshop. The workshop was facilitated by trainers...

Orange launches its 5G network by making quality of service its priority

Orange announces the launch of its 5G network in 15 French municipalities, as of 3 December 2020, including Nice, Marseille, Le Mans, Angers and...

BREAKING: Konga Bulk offers 35,000 laptops, PCs, others at huge discounts Friday

Konga, Nigeria’s foremost e-Commerce giant, is set to make available over 35,000 units of laptops, Personal Computers (PCs), tablets and complimentary printers at giveaway...
- Advertisement -
BrandsPur Weekly Cartoons
- Advertisement -Olam’s AtSource Wins 2020 Reuters Responsible Supply Chain Award - Brand SpurOlam’s AtSource Wins 2020 Reuters Responsible Supply Chain Award - Brand Spur