In a move by the Global Coffee Platform (GCP) to advance transparency and sustainability in the coffee value chain, two tiers of Olam International’s sustainability insights platform AtSource – AtSource Entry Verified1 and AtSource Plus - have been added as new sustainable sourcing schemes to the GCP Reporting on Sustainable Coffee Purchases programme2.
Launched in April 2018, AtSource provides Olam customers with a verified social and environmental footprint for their product supply chains, calculated from farm-level data, which then informs continuous improvement programmes.
Responding to the recognition, Juan Antonio Rivas, Senior Vice-President & Global Head, Sustainability & Business Development at Olam Coffee, part of Olam Food Ingredients, said: “We are very pleased that two tiers of our AtSource programme have been assessed as being “equivalent” to the Baseline Coffee Code. This, in addition to other benchmarking studies that have been concluded in the recent months as well as the different awards our programme has received, gives us confidence that our sustainability focus and priorities are well aligned with what the coffee sector requires.
“But more importantly, it will allow our coffee customers to report their AtSource purchases as “sustainable” and thus will help them meet their commitments and targets, which we see as critical to ensure increased transparency going forward.”
GCP Director of Programs and Corporate Partnerships, Gelkha Buitrago, said: “For the sector, this means that we will be measuring progress on commitments to sustainable sourcing using the same bar, and a common language. Additionally, the equivalence process helped driving improvement in the sustainability schemes through alignment with internationally recognised credible practices and requirements.”
Roasters and retailers, including signatories of the ICO London Declaration, are now invited to participate in the next round of GCP Reporting, which commences on February 5th.
Notes to editor
1 AtSource Entry Verified: especially created for Olam’s coffee customers in line with industry sustainability standards
2 Following an assessment process, GCP confirmed that AtSource Entry Verified and AtSource Plus meet the criteria for Baseline Coffee Code Equivalent 2nd party. For AtSource’s coffee customers, this means their AtSource Entry Verified and AtSource Plus purchased volumes are now eligible for submission to GCP’s Roaster and Retailer Reporting on Sustainable Coffee Purchases.
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About Olam International Limited
Olam International is a leading food and agri-business supplying food, ingredients, feed and fibre to 25,200 customers worldwide. Our value chain spans over 60 countries and includes farming, processing and distribution operations, as well as a sourcing network of an estimated 5 million farmers.
Through our purpose to ‘Re-imagine Global Agriculture and Food Systems’, Olam aims to address the many challenges involved in meeting the needs of a growing global population, while achieving positive impact for farming communities, our planet and all our stakeholders.
Headquartered and listed in Singapore, Olam currently ranks among the top 30 largest primary listed companies in terms of market capitalisation on SGX-ST.
About Olam Food Ingredients
Olam Food Ingredients (OFI) is a new operating group born out of Olam International. OFI offers sustainable, natural, value-added food products and ingredients so that consumers can enjoy the healthy and indulgent products they love. It consists of Olam’s industry-leading businesses of Cocoa, Coffee, Edible Nuts, Spices and Dairy.
OFI has built a unique global value chain presence including its own farms, farm-gate origination and manufacturing facilities. OFI partners with customers, leveraging its complementary and differentiated portfolio of “on-trend” food products, to co-create solutions that anticipate and meet changing consumer preferences as demand increases for healthier food that’s traceable and sustainable.
More information on Olam can be found at www.olamgroup.com.
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More information on Olam can be found at www.olamgroup.com.
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Olam is located at 7 Straits View, Marina One East Tower #20-01, Singapore 018936.
Telephone: +65 63394100, Facsimile: +65 63399755.
Contacts for Olam Corporate Communications
Nikki Barber
Group Head of PR
nikki.barber@olamnet.com
+44 7568 108555
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