Olam Group Ltd
Olam Group's GHG Emissions Data Preview
In 2023, Olam Group completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy), and Scope 3 (indirect emissions across the value chain).
Olam Group has also provided a category-level breakdown for 5 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 2 | ||||
Unspecified Calculation Method | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 3 | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.
Insights into Olam Group's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of Olam Group amounted to 4,620,000 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).
Compared to 2022, the total operational greenhouse gas (GHG) emissions of Olam Group increased by 7.94%, suggesting that the company faced challenges in reducing its emissions from its core operations.
Olam Group's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Olam Group's Scope 1 emissions?
In 2023, the total Scope 1 emissions of Olam Group were 4,370,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Compared to the previous year (2022), Olam Group's Scope 1 emissions increased by 8.71%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.
What are Olam Group's Scope 2 emissions?
In 2023, Olam Group reported Scope 2 greenhouse gas (GHG) emissions of 250,000 tCOâ‚‚e without specifying the calculation method.
Has Olam Group reduced its Scope 2 emissions over time?
Compared to the previous year (2022), Olam Group's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Olam Group 's emissions have plateaued with no significant change in its energy consumption footprint.
What methodology does Olam Group use for Scope 2 reporting?
In 2023, Olam Group reported its Scope 2 emissions using an unspecified methodology.
Olam Group's Scope 2 Emissions Over Time
- Total Scope 2 (Unspecified Calculation Method)
Insights into Olam Group's Value Chain Emissions
In 2023, Olam Group reported 82,770,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.
The 2023 disclosure of Olam Group includes a breakdown across 5 of the 15 Scope 3 categories defined by the GHG Protocol, up from 4 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chain
Olam Group's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Olam Group's Scope 3 emissions?
In 2023, Olam Group reported total Scope 3 emissions of 82,770,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Approximately 99.7% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0.3% came from downstream activities like product use, distribution, and end-of-life treatment.
Compared to the previous year (2022), Olam Group's Scope 3 emissions remained relatively stable, indicating that Olam Group 's emissions have plateaued with no significant change in its value chain footprint.
What categories of Scope 3 emissions does Olam Group disclose?
In 2023, Olam Group reported emissions for 5 out of the 15 Scope 3 categories defined by the GHG Protocol.
This partial disclosure allows for some insight into the company's indirect impacts.
What are the main sources of Olam Group's Scope 3 emissions?
In 2023, the largest contributors to Olam Group's Scope 3 emissions were:
- Purchased Goods and Services (Cat. 1): 81,540,000 tCOâ‚‚e (98.51%)
- Fuel- and Energy-Related Services (Cat. 3): 690,000 tCOâ‚‚e (0.83%)
- Downstream Leased Assets (Cat. 13): 250,000 tCOâ‚‚e (0.3%)
Olam Group's Scope 3 Emissions by Categories
Insights into Olam Group's Total Carbon Footprint
In 2023, Olam Group reported a total carbon footprint of 87,390,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 6.84% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output.
The largest contributor to Olam Group's total carbon footprint was Scope 3 emissions, accounting for 94.71% of the company's total carbon footprint, followed by Scope 1 emissions at 5%.