Ofi

ofi claims it can can now track cocoa at every stage of its journey from the farm or community. Pic: ofi

Sustainability

Ofi’s Cocoa Compass wins sustainable supply chain award

By Anthony Myers

Cocoa supplier olam food ingredients (ofi), has won the Sustainable Supply Chain of the Year Award at the 2022 Global Good Awards, which recognise businesses, NGOs, charities and social enterprises that are driving social and environmental change.

An ofi cocoa farmer tries out some new equipment. Pic: ofi

Finance

ofi secures inaugural $1,975m sustainability-linked loan

By Anthony Myers

olam food ingredients ('ofi'), a global leader in food & beverage ingredients and includes the company’s cocoa division, has announced that it has secured a multi-tranche sustainability-linked facility aggregating $1,975m

Olam International (OIL) is the parent company of OFI and OGA. Pic: OIL

Financial results

OFI remains on course for London listing

By Anthony Myers

Singapore-based Olam, OFI’s parent company, said it is tracking global markets following Russia's invasion of Ukraine this week to determine the potential impact on the timing.