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皇冠代理网址(www.hg9988.vip):Government support vital for ESG in palm oil industry

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GOVERNMENT support in terms of strong policy and allocation of funds will help to further improve palm oil sustainability practices and requirements for the Malaysian Sustainable Palm Oil (MSPO) certification.

The promotion of Malaysian palm oil globally will also lead to higher acceptability and better market access.

Support from the government is needed to cover the costs of MPSO certification in terms of, among other things, audit maintenance cost, training, supply of personal protective equipment and chemical storage racks for smallholders.

It is important to ensure continuity and compliance with environmental, social and governance (ESG) criteria through the MPSO certification.

Success in ESG and sustainability requires financial support and assistance for implementation, training, education, knowledge sharing, capacity building and gap analysis for a better framework, said Malaysian Palm Oil Board (MPOB) director-general Datuk D. Ahmad Parveez Ghulam Kadir.

Funding and grants are also needed for fundamental and applied research.

Additional funds for the Countering Anti Palm Oil Campaigns (Capoc) are sought so that more ESG projects can be undertaken.

The government should also use the Capoc platform more effectively as the negotiating body for international acceptance of palm oil, acting as one solid voice for the industry regardless of the country of origin, said the Malaysian Palm Oil Council (MPOC).

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Funds collected under the windfall tax from the palm oil industry should be used for more advocacy programmes on palm oil as this is becoming challenging and costly, added the MPOC.

Cess funding for operational activities, which is a fee levied by the government at RM16 per tonne, should be increased.

The government can help to improve Malaysia’s standing with important trading partners, such as the European Union and the United States, by profiling sustainable palm oil with its best-in-class ESG standards.

The government’s role and efforts to improve Malaysia’s standing in the area of human rights is also crucial.

With climate change being the major global concern, there should be more policies and regulations that set tangible and measurable results, said Sime Darby Plantation Bhd (SDP) chief sustainability officer Rashyid Redza Anwarudin.

This will further incentivise and strengthen the commitment from our local industries to align with the targets under the Paris Agreement to limit global temperature rises to 1.5 degrees Celcius.

Closer cooperation

The Roundtable on Sustainable Palm Oil (RSPO) would like to work more closely with national agencies such as MPOB and schemes such as the MSPO standard so as to align with what RSPO itself does.

National certification standards are mandatory while RSPO is voluntary.

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