The Trade and Agriculture Commission (TAC) has affirmed in an official report that Malaysian palm oil meets sustainable standards, advocating for a zero-tariff rate and endorsing Malaysian Sustainable Palm Oil (MSPO) as a credible compliance tool under the UK's Environment Act 2021.
Luanne Sieh, Group Chief Sustainability Officer at CIMB Group, shares with PalmSphere the bank's approach to navigate evolving regulations such as the European Union Deforestation Regulation (EUDR) and its collaborations to boost decarbonisation efforts in Malaysia's palm oil sector towards Net Zero by 2050.
Discover the diverse Malaysian sustainable palm oil industry players dedicated to environmental stewardship, social responsibility, and robust governance, setting benchmarks for sustainability.
With a focus on addressing challenges in the palm oil industry, the webinar underscored UK stakeholders' growing interest in MSPO, recognising its pivotal role in global supply chains.