Olam earmarks S$1.2m to fight COVID-19 in Singapore




Olam supports fight against COVID-19 pandemic, including S$1.2 million donation to The Courage Fund

In response to the COVID-19 pandemic, Olam International and its employees have raised S$1,274,340 for The Courage Fund in Singapore.

In a statement online, the company said that Olam International stands united with the global community amid challenging times as the COVID-19 crisis continues to unfold and impact all.

Olam’s Co-Founder and Group CEO, Sunny Verghese said that more than 200 employees and members of the Board came together to donate S$637,170, which was matched dollar-for-dollar by the Company. The funds provide relief for those affected by the COVID-19 crisis, particularly patients, healthcare and front line workers, and vulnerable Singaporeans.

“At this time, safeguarding and supporting our employees is our first priority. I am always extremely grateful for our employees’ commitment, but especially during this challenging period. I am proud that our employees have come together to spearhead and join the Company in contributing to support communities affected by the COVID-19 outbreak.”

“As a major food ingredients player, we are now more focused than ever on ensuring we keep food arriving at people’s tables by securing our global multi-origin supply chains and operations.

We are taking every effort to support our smallholder farmers, communities, customers and consumers during these challenging times and safeguard their safety, well-being and livelihoods. Olam stands committed in our fight against COVID-19 and will continue to work closely with our stakeholders and communities. Our deepest thanks go out to the medical and healthcare professionals and other front line workers around the world for their tireless efforts in this fight,” he said.

Mr Phillip Tan, Chairman of Community Chest said: “We are heartened by the generosity and unity exemplified by the employees of Olam International in their support of The Courage Fund. These donations will go a long way towards helping and encouraging those who have been affected by the COVID-19 situation as the community rallies to support them. Together, we will emerge stronger through challenges.”

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