Bio Eneco Receives Green Gold Label Certification

KUALA LUMPUR, 29 MAY 2023 – Bio Eneco Sdn Bhd (BioEneco), a leading Malaysia-based biomass fuel producer, manufacturer and supplier, today announced that it has recently attained the Green Gold Label (GGL) certification. This reinforces BioEneco’s commitment to providing sustainable quality biomass products.

Established in 2002, GGL is an international certification programme for sustainable biomass. It is owned by the Green Gold Label Foundation and is amongst the earliest biomass certification schemes.

GGL is designed to provide assurances that sourced biomass products are from a sustainable source. The scheme takes both the origin (forest management or agricultural) and the supply chain information (energy and carbon) into account.

Net-zero Greenhouse Gas

It is also aligned with national regulation under the 12th Malaysia Plan (12MP) 2021-2025 guided by the pillars of sustainability (economy, social and environment) aims to achieve net-zero greenhouse gas (GHG) emissions by as early as 2050 and international regulations for sourcing sustainable biomass, such as the Stimulation of Sustainable Energy Production and Climate Transition (SDE++) and Japan’s Ministry of Economy, Trade and Industry (METI) Feed in Tariff (FIT) scheme.

BioEneco earned the coveted GGL certification due to its:

· Ability to observe and comply with external statutory laws and regulations

· Sustainable and lawful sourcing

· Fair working conditions

In Malaysia, there are around four biomass producers for Palm Kernel Shell (PKS), including BioEneco, which received the GGL certification as of MAY 2023. This further strengthens the Company’s position as one of Malaysia’s leading biomass fuel producers and suppliers.

Bio Eneco High-Tech

Oliver Yeo, Managing Director of BioEneco, says, “This certification reflects our efforts in ensuring that our business practices are compliant and sustainable. However, we firmly believe this is just the start of our journey in providing international biomass products to our clients.

“Moving forward, we will continue to drive positive changes in our business operations that are sustainable to the environment but high in efficiency. “

BioEneco also obtained a patent from MyIPO (Intellectual Property Corporation of Malaysia) in September 2022 for its production line. The patented high technology allows BioEneco’s production line to remove the impurities from Palm Kernel Shells (PKS) efficiently and equip them with a UV sterilisation system to kill bacteria.

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