KUALA LUMPUR, Jan 3 — The implementation of Malaysian Sustainable Palm Oil (MSPO) Standard MS2530:2022 (MSPO 2.0) reinforces Malaysia’s leadership in sustainable palm oil production and strengthens its position in the global markets, said the Malaysian Palm Oil Council (MPOC).
The MSPO 2.0 officially comes into effect on January 1, 2025, and introduces stricter guidelines for sustainability, traceability, and ethical practices in palm oil production.
MPOC chief executive officer Belvinder Kaur Sron said implementing the enhanced MSPO 2.0 would enable the council to more effectively promote the sustainability and quality of Malaysian palm oil, bolstering its reputation internationally.
“MSPO 2.0 introduces stricter measures to prevent deforestation, safeguard high conservation value areas, and address key environmental concerns. By incorporating smallholders into sustainable supply chains and improving traceability, the standard creates a more inclusive and resilient framework,” she told Bernama today.
Belvinder noted that these improvements not only enhance sustainability but also market access, as stakeholders increasingly demand products that meet rigorous environmental and social standards.
“MSPO 2.0 aligns seamlessly with international sustainability benchmarks, including the EU Deforestation Regulation (EUDR) and the United Nations Sustainable Development Goals (UNSDGs).
“Its enhanced traceability mechanisms and environmental, social and governance (ESG)-focused principles ensure that Malaysian palm oil meets the expectations of environmentally conscious consumers and regulators worldwide,” she said.
Belvinder said this would not only preserve existing market access but also strengthen Malaysia’s ability to expand into new markets, showcasing its commitment to sustainability and quality.
“By ensuring compliance with global standards and addressing consumer concerns around sustainability, MSP0 2.0 strengthens Malaysia’s market position and facilitates access to premium markets such as the European Union (EU) and North America,” she added.
According to Belvinder, the enhanced certification enables the palm oil industry to make a meaningful contribution to both national and global sustainability objectives by tackling issues such as deforestation, biodiversity conservation, and labour rights.
“The strengthened standards also support MPOC’s efforts to position Malaysian palm oil as a globally recognised sustainable and high-quality product, facilitating greater market access and driving long-term growth for the industry,” she said.
— Bernama
