Standard Development Group (HKG:1867) is applying for two internationally recognized green certifications for its green biomass energy projects, according to a Monday filing with the Hong Kong bourse.
The certifications comprise the International Sustainability and Carbon Certification (ISCC EU) and Verra's Verified Carbon Standard (VCS) certification.
If the company obtains the certifications, it will see a boost in market competitiveness and brand image, access to new markets, and an increase in revenue streams.
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