IPOSC 2022 to refute claims that M’sia’s palm oil industry is harmful to environment, says minister

Harvested oil palm fruits. — file pic
Advertisement

KUCHING, Sept 8: The 7th International Palm Oil Sustainability Conference (IPOSC) 2022 which will be held on Sept 13 will help refute baseless allegations that Malaysia’s palm oil industry has damaged the ecology, says Minister of Plantation Industries and Commodities (MPIC) Datuk Zuraida Kamaruddin.

She said IPOSC 2022 is part of MPIC’s aggressive efforts to counter misinformation and false information on Malaysia’s golden oil as studies have consistently shown that palm oil is more ecologically friendly compared with other oil crops.

“For example, palm oil is a more efficient carbon sink and uses less fertilisers. It also produces more oil per hectare compared with rapeseed, soybean and sunflower.

Advertisement

“The MPIC is hopeful that the conference will help Malaysia stamp its mark as a global leader in sustainable management of the palm oil industry,” she said in a statement today.

Zuraida said the bi-annual conference, with this year’s theme being “Shifting Sustainability Compliance into Sustainability Stewardship”, will see top experts share their views on the recent developments and possible solutions on the current sustainability concerns and challenges.

IPOSC 2022, which will be held in Kuala Lumpur, is a targeted platform to update the stakeholders on pertinent and emerging sustainability developments in the industry.

“There is a crucial need to continue engaging and updating the Malaysia palm oil industry as well as global stakeholders on sustainability concerns.

“This includes Net Carbon Zero and decarbonisation efforts, green financing and Environmental, Social, and Governance (ESG) opportunities, as well as international deforestation-linked legislations, which will impact commodities like palm oil,” she added. — DayakDaily

Advertisement