Olam Group Ltd
Olam Group Energy Data Preview
In 2023, Olam Group disclosed key data related to its energy management practices, providing transparency into its operational energy use in line with recognized sustainability reporting frameworks.
Olam Group also reported how it meets its energy needs through a mix of purchased and self-generated energy, offering insight into its sourcing strategy and level of energy independence.
Additionally, Olam Group also disclosed progress toward renewable energy adoption, highlighting the share of total energy sourced from renewable versus non-renewable sources.
Finally, Olam Group also reported the types of energy sources as well as generation technologies, both for purchased and self-produced energy, helping stakeholders evaluate Olam Group's reliance on fossil fuels versus cleaner alternatives.
| Metric (GJ) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Energy Consumed | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Renewable Energy Consumed | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Non-renewable Energy Consumed | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Electricity Consumed | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
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Insights into Olam Group's Energy Renewability
In 2023, Olam Group consumed a total of 22.03 million Gigajoules of energy across its operations. Of this total, 57.08% was sourced from renewable energy, either derived from natural resources like biofuels, biomass, or biogas, or generated using renewable technologies such as solar or wind power. The remaining 42.92% was classified as non-renewable energy, coming from fossil-based fuels such as coal, natural gas, or crude oil, or from non-renewable generation technologies like nuclear power.
Olam Group's Energy Renewability Rate
How much of Olam Group's energy consumed is renewable?
In 2023, Olam Group consumed a total of 22.03 million Gigajoules of energy, of which 57.08% was derived from renewable sources, including biofuels, biomass, biogas, solar, and wind power.
This moderate level of renewable energy adoption indicates that Olam Group is transitioning toward cleaner energy sources, though a significant share of its energy mix still relies on non-renewable inputs.
Are Olam Group's energy practices becoming more sustainable?
Since 2023, Olam Group's total energy consumption decreased by 10.74%, suggesting a recent decline in overall energy demand.
Over the same period, the share of renewable energy in Olam Group's consumption decreased by 11.8%, showing a recent negative trend in clean energy adoption.
Olam Group's Renewable vs Non-renewable Energy Over Time
- Renewable Energy Consumed
- Non-renewable Energy Consumed
Insights into Olam Group's Energy Consumption & Production Mix
In 2023, Olam Group disclosed detailed information on the sources and generation technologies of the energy it consumed. This disclosure enables a clearer assessment of the Olam Group's overall energy mix, its sourcing strategy, and its reliance on fossil fuels versus cleaner alternatives such as renewables and low-carbon technologies.
Olam Group's Energy Consumed by Sources and Technologies
What are the main sources and generation technologies behind Olam Group's energy consumption?
In 2023, Olam Group's total energy consumption was primarily sourced from
- Biomass (30.34%)
- Natural Gas (22.44%)
- Electricity (Unspecified Source) (19.23%)
How diverse is Olam Groupās energy consumption mix?
In 2023, Olam Group consumed energy from 17 different sources or generation technologies, indicating a well-diversified energy mix without excessive reliance on a single input.