KUALA LUMPUR (Reuters) -The European Union has recognised the Malaysian Sustainable Palm Oil (MSPO) certification as a credible standard that can facilitate compliance with EU’s new deforestation regulation, the Malaysian certification body said on Wednesday.

The acknowledgement reinforces MSPO’s role as Malaysia’s national framework for sustainable palm oil and highlights its contribution to global trade and responsible sourcing, the certification body said in a statement.

The new EU regulation, due to come into effect in December, requires companies selling soy, beef, palm oil, wood, cocoa and coffee, and some products like leather, chocolate and furniture, to ensure that land associated with those products has not been subject to deforestation since the end of 2020.

MSPO began as a v

See Full Page