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New 2030 social and environmental targets set for ofi’s global operations which span ~50 countries, building on the existing product-specific strategies for cocoa, coffee, dairy, nuts, and spices
ofi, a leading supplier of naturally good food and beverage ingredients, unveiled a new sustainability strategy – ‘Choices for Change’ and ambitious 2030 targets.
Global food brands and retailers are facing growing consumer demand for sustainable products, with increasing weather-related and other challenges in the food supply chain and significant new sustainability-linked legislation coming up. With ‘Choices for Change’, ofi will provide these companies and their consumers with specific choices to deliver long-term impact across four critical pillars: Prosperous Farmers, Thriving Communities, Climate Action, and Regenerating the Living World.
Every 2030 target in the Choices for Change strategy delivers on key customer needs, including:
– Delivering enhanced livelihood support to one million farmers, helping them to be more productive and deliver better quality ingredients.
– Cutting scope 3 emissions by 30 per cent to offer customers verifiable, low-carbon products and ingredients and contribute to net-zero commitments.
– Bringing 2 million hectares of land under regenerative farming practices to create long-term farm resilience and products with verified positive natural impact.
To give customers more rigorous, verifiable data for sustainability decision-making and reporting, the strategy incorporates a focus on supply chain excellence. This brings traceability, data insights, risk mitigation, verification, and in-depth supplier engagement together to enable the right choices and includes ofi’s suite of award-winning tech tools like AtSource – the sustainability management system and it is built-in Carbon Scenario Planner for planning and costing climate action.