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Malaysia's new sustainable palm oil standard, MS2530:2022 (MSPO 2.0), officially took effect yesterday, introducing stricter guidelines for sustainability, traceability and ethical practices in palm oil production.
In a statement today, MSPO said the new standard is an enhancement of the original 2013 MSPO standard, adopting more rigorous and comprehensive requirements in line with current global standards and expectations for environmental sustainability, social responsibility and governance practices.
"Since its introduction in 2013, MSPO certification has been mandatory and has served as a cornerstone of Malaysia's commitment to sustainability and transparency. MSPO certification audits are conducted by accredited independent third-party bodies to ensure the highest standards of integrity and credibility," MSPO said.
It added that MSPO 2.0 builds on this foundation with enhanced sustainability measures to maintain Malaysia's leadership in the responsible management of palm oil. It explained that "comprehensive traceability mechanisms ensure supply chain transparency, while the mandatory certification requirement for agents adds sustainability requirements at all levels of the supply chain."
Agriculture and Commodities Minister Datuk Seri Johari Abdul Ghani said MSPO 2.0 represents the next step in ensuring that Malaysian palm oil remains synonymous with sustainability and reliability in global markets. "Through this enhanced standard, we are safeguarding the future of our palm oil industry while continuing to lead as a global example," he added.
Source: Bernama