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Set Sail in Asia with Oceanus

#FoodSecurity #Sustainability #ASEANBusinessAwards #AsiaGrowth #Partnerships

Why Oceanus is Your Partner into Asia

Oceanus is celebrating a remarkable achievement – we received the ASEAN Business Award (ABA) for “Food and Beverage, Large Corporation” on October 9 in Vientiane, Laos.

This is the second time we’ve had the honour of being recognised by ABA. In 2019, we received the top award for excellence in business growth; a proud moment for us to join the ranks of outstanding businesses recognised by ABA for making impactful contributions to the economic growth and prosperity of ASEAN.

The accolade affirms the work we’ve done in the past few years in building towards our core mission of being the Asian leader in Food Security, creating a more efficient and resilient global food marketplace, where the trade of food flows without friction.

Oceanus’ heart has always been rooted in Asia – we chose to be headquartered and listed in Singapore, and in our global network of 36 subsidiaries spanning across 12 key countries, 8 are in Asia, including 10 cities in China. Over the past years, Oceanus has created deep, lasting connections throughout Asia’s vibrant, dynamic food market, serving as the vital link connecting the world to Asia.

This year’s ABA also celebrates something close to our hearts. In the wake of global complexities of COVID recovery, rapidly developing new technologies and growing concerns about the climate crisis, this year’s awards spotlight enterprises that enhance connectivity, resilience, and sustainability in their operations.

These values are central to us, as well. We have done 4 things to achieve our vision of Food Without Borders:

1. Leverage technology strategically

At the core of the Plan is the strategic leveraging of technology. Through the use of digital platform of ODIN and data-driven solutions to optimise the food supply chain, reduce inefficiencies and minimise waste throughout the supply chain, from production to delivery.

2. Expand our regional presence

We’ve also taken a collaborative approach to bolstering the food supply chain in Asia. Through our network of 32 subsidiaries across key Asian markets, we are able to serve as a vital link between global food suppliers and the rapidly growing demand in Asian markets.

3. Strengthen regional food security

Improving the efficiency and resilience of the supply chain lies at the heart of our mission, as it contributes directly to increasing access to safe, nutritious food in Asia. Alongside improving supply resilience, we also prioritise innovative financing solutions to help small and medium-sized enterprises (SMEs) in food trade obtain the financing they need. Collectively, these efforts reflect our mission to build a resilient ecosystem that contributes to the stability of food markets in Asia, strengthening Asia’s food security.

4. Environmental and social responsibility

Finally, we recognise that all these efforts have to be underpinned by a sustainability strategy. Regions in Asia have been disproportionately impacted by the climate crisis, and we see it as everyone’s responsibility to ensure that our operations remain sustainable. As we grow, we are committed to reducing our environmental footprint through optimised logistics, energy-efficient operations, and waste reduction initiatives. Additionally, we aim to develop social responsibility programs that will support smallholder farmers and low-income families. These future efforts will align with our goal of promoting social and environmental sustainability throughout the region.

Doing Good is Good Business

As a purpose-driven business, we strongly believe that corporate responsibility, social vision and environmental sustainability are central to doing good business. We’re heartened to see that demonstrated in growing revenue – from US$175 million in 2022 to more than US$260 million in 2023, with increases in total assets.

This award at ABA, therefore, is an affirmation that we are on the right track in serving our partners and clients in Asia. We see this moment not only as a recognition for past achievements, but also a launchpad for future collaborations. We’re excited to continue to bring our experience and expertise to partners and collaborators who share our passion for the rich, diverse and growing Asian food market, and for creating a brighter future for food security in Asia and beyond.

Let’s do it together.