SusGlobal(R) Announces Additional Sales of Carbon Credits and Verrs Generated from Its Belleville Composting Offset Project
SusGlobal Energy Corp. (OTCQB: SNRG) has announced the sale of an additional 1,500 Verified Emission Reductions and Removals (VERRs) through its subsidiary SusGlobal Energy Belleville, bringing the total VERRs sold to 59,802 under the Anew SusGlobal Belleville Composting Offset Project in Ontario.
The Project, listed on the GHG CleanProject Registry, operates from the company's 49-acre Organic & Non-Hazardous Waste Processing & Composting Facility in Belleville, Ontario. The VERRs are verified by independent third parties in accordance with ISO 14064 Standards. The initiative aligns with Ontario's developing regulations to ban food and organic waste disposal at landfills, positioning SusGlobal to benefit from increased demand for composting facilities and sustainable waste management solutions.
SusGlobal Energy Corp. (OTCQB: SNRG) ha annunciato la vendita di ulteriori 1.500 Riduzioni e Rimozioni Verificate delle Emissioni (VERR) tramite la sua controllata SusGlobal Energy Belleville, portando il totale delle VERR vendute a 59.802 nell'ambito del Progetto di Compensazione Anew SusGlobal Belleville Composting in Ontario.
Il progetto, registrato nel GHG CleanProject Registry, opera presso l'impianto di 49 acri per il trattamento e compostaggio di rifiuti organici e non pericolosi a Belleville, Ontario. Le VERR sono verificate da terze parti indipendenti secondo gli standard ISO 14064. L'iniziativa è in linea con le normative emergenti dell'Ontario che vietano lo smaltimento di rifiuti alimentari e organici nelle discariche, posizionando SusGlobal per beneficiare della crescente domanda di impianti di compostaggio e soluzioni sostenibili per la gestione dei rifiuti.
SusGlobal Energy Corp. (OTCQB: SNRG) ha anunciado la venta de 1,500 Reducciones y Remociones Verificadas de Emisiones (VERR) adicionales a través de su subsidiaria SusGlobal Energy Belleville, elevando el total de VERR vendidas a 59,802 en el marco del Proyecto de Compensación Anew SusGlobal Belleville Composting en Ontario.
El proyecto, listado en el Registro GHG CleanProject, opera desde la planta de 49 acres para el procesamiento y compostaje de residuos orgánicos y no peligrosos en Belleville, Ontario. Las VERR son verificadas por terceros independientes conforme a las normas ISO 14064. Esta iniciativa está alineada con las regulaciones en desarrollo en Ontario que prohíben la disposición de residuos alimentarios y orgánicos en vertederos, posicionando a SusGlobal para beneficiarse del aumento en la demanda de instalaciones de compostaje y soluciones sostenibles de gestión de residuos.
SusGlobal Energy Corp. (OTCQB: SNRG)는 자회사 SusGlobal Energy Belleville을 통해 추가로 1,500개의 검증된 배출 감축 및 제거(VERR)를 판매했다고 발표했으며, 온타리오의 Anew SusGlobal Belleville Composting Offset Project에서 판매된 총 VERR 수는 59,802개가 되었습니다.
이 프로젝트는 GHG CleanProject Registry에 등록되어 있으며, 온타리오 벨빌에 위치한 49에이커 규모의 유기물 및 비위험 폐기물 처리 및 퇴비화 시설에서 운영됩니다. VERR는 ISO 14064 기준에 따라 독립된 제3자에 의해 검증됩니다. 이 이니셔티브는 음식물 및 유기 폐기물 매립 금지에 관한 온타리오의 신설 규정과 부합하며, SusGlobal이 퇴비화 시설 및 지속 가능한 폐기물 관리 솔루션에 대한 수요 증가로부터 혜택을 받을 수 있도록 합니다.
SusGlobal Energy Corp. (OTCQB : SNRG) a annoncé la vente de 1 500 Réductions et Éliminations Vérifiées des Émissions (VERR) supplémentaires via sa filiale SusGlobal Energy Belleville, portant le total des VERR vendues à 59 802 dans le cadre du projet de compensation Anew SusGlobal Belleville Composting en Ontario.
Le projet, inscrit au registre GHG CleanProject, fonctionne depuis l'installation de 49 acres dédiée au traitement et compostage des déchets organiques et non dangereux de l'entreprise à Belleville, en Ontario. Les VERR sont vérifiées par des tiers indépendants conformément aux normes ISO 14064. Cette initiative s'aligne sur les réglementations en cours de développement en Ontario visant à interdire la mise en décharge des déchets alimentaires et organiques, positionnant SusGlobal pour bénéficier d'une demande accrue en installations de compostage et solutions durables de gestion des déchets.
SusGlobal Energy Corp. (OTCQB: SNRG) hat den Verkauf von weiteren 1.500 verifizierten Emissionsminderungen und -entfernungen (VERR) über seine Tochtergesellschaft SusGlobal Energy Belleville bekannt gegeben, womit die insgesamt verkauften VERR unter dem Anew SusGlobal Belleville Composting Offset Project in Ontario auf 59.802 gestiegen sind.
Das Projekt, das im GHG CleanProject Registry gelistet ist, wird von der 49 Hektar großen Anlage für organische und ungefährliche Abfallverarbeitung und Kompostierung des Unternehmens in Belleville, Ontario, betrieben. Die VERR werden von unabhängigen Dritten gemäß den ISO 14064 Standards verifiziert. Die Initiative steht im Einklang mit den sich entwickelnden Vorschriften Ontarios, die die Entsorgung von Lebensmittel- und Bioabfällen auf Deponien verbieten, und positioniert SusGlobal, um von der steigenden Nachfrage nach Kompostieranlagen und nachhaltigen Abfallmanagementlösungen zu profitieren.
- Additional revenue stream generated through carbon credit sales
- Strategic positioning for Ontario's upcoming food and organic waste disposal ban
- Infrastructure and capabilities already in place to capitalize on increasing demand for composting facilities
- Third-party verification of VERRs adds credibility to the environmental initiative
- None.
Toronto, Ontario--(Newsfile Corp. - May 21, 2025) - SusGlobal Energy Corp. (OTCQB: SNRG) ("SusGlobal" or the "Company"), an environmental and renewables company, Leaders in The Circular Economy®, today announced that its wholly owned subsidiary SusGlobal Energy Belleville Ltd. ("SusGlobal Belleville") has sold an additional 1,500 Verified Emission Reductions and Removals ("VERRs"), for a total of 59,802 VERRs sold to date as part of the Anew™ SusGlobal Belleville Composting Offset Project in Ontario (the "Project").
The Project and report are listed on the GHG CleanProject® Registry, https://www.csaregistries.ca/GHG_VR_Listing/CleanProjectDetail?ProjectId=909, a business unit of the Standards Division of the Canadian Standards Association ("CSA") for developed and marketed greenhouse gas ("GHG") offset credits from the Company's 49-acre Organic & Non-Hazardous Waste Processing & Composting Facility in Belleville, Ontario. The Project was developed by Anew Climate, LLC ("Anew").
GHG CleanProject® Registry, a business unit of the Standards Division of the CSA, is the service provider which owns and operates the Registry for the purpose of complementing ISO 14064-1, ISO 14064-2, ISO 14064-3, and ISO 14065 Standards and facilitating transparency, accuracy, consistency, completeness and relevance in reporting, validating and verifying of greenhouse gas emission reductions or removal enhancements relating to methodologies and existing and yet-to-be developed greenhouse gas programmes.
The VERRs are greenhouse gas emission reductions or removals relating to the Project as verified by an independent third party in accordance with the ISO 14064 Standards and all applicable GHG programme requirements. Without limiting the foregoing, VERRs also encompass such verified project-based environmental products as they occur and are known in specific GHG programmes including GHG credits, registered emission reductions, carbon credits, certificates, credits, offsets and similar environmental products.
"We are pleased with the continued amounts that Anew has marketed and sold as part of our Company's carbon credits monetization initiative, allowing us to generate revenues," stated Marc Hazout, Executive Chairman, President and CEO of SusGlobal Energy Corp. "Reflecting the value of these credits in our quarterly and yearend reporting is important as we embark on further initiatives to benefit from environmental attributes of renewables as part of our Circular Economy model, with the goal of maximizing shareholder value."
Municipalities continue to seek out opportunities to divert organic waste from landfills. Composting facilities and the level of sustainability built into their management model will play a key role in this redistribution of waste. The revenue from these types of credits is anticipated to drive technological advancements that will expand composting efforts at facilities throughout North America.
As the province of Ontario develops and implements a food and organic waste disposal ban regulation under the Environmental Protection Act, prohibiting the disposal of food waste and organic waste at waste disposal sites (e.g. landfills, incineration facilities), supports the beneficial use of recovered organic resources. This disposal ban on food and organic waste creates new opportunities for waste reduction, surplus food rescue, and offers new approaches to resource recovery creating value at all levels of the value chain. A disposal ban will drive investment in resource recovery systems, create jobs and support innovation in the province, significantly reducing reliance on landfills, benefiting SusGlobal's infrastructure, assets, licenses, and capabilities to produce lower carbon options at existing facilities.
About SusGlobal Energy Corp.
SusGlobal Energy Corp., the developer of SusGro™, an award winning and revolutionary pathogen free organic liquid fertilizer, is an environmental and renewables company focused on acquiring, developing, and monetizing a portfolio of proprietary technologies in the waste to energy and regenerative product applications globally. It is management's objective to grow SusGlobal into a significant sustainable waste to energy and regenerative products provider and a trusted brand for the fertilizer, soil and aquaculture market, as LEADERS IN THE CIRCULAR ECONOMY®.
For more information, please visit the Company's website at: www.susglobalenergy.com.
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Safe Harbor Statement
This news release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the Company's objectives. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects," "plans," "anticipates," "believes," "intends," "estimates," "projects," "aims," "potential," "goal," "objective," "prospective," and similar expressions, or that events or conditions "will," "would," "may," "can," "could" or "should" occur. The Company cautions investors that any forward-looking statements by the Company are not guarantees of future results or performance, and that actual results may differ materially from those in forward-looking statements as a result of various factors, including, but not limited to, lack of sufficient financial resources; variations in market conditions, currency and our stock; the Company's ability to obtain any necessary permits, approvals, consents or authorizations required for its activities; the Company's ability to produce energy, biogas, compost or organic fertilizer from its properties successfully or profitably, to continue its projected growth, or to be fully able to implement its business strategies and other risk factors described in the Company's filings with the U.S. Securities and Exchange Commission, which may be viewed at www.sec.gov.
Contact
SusGlobal Energy Corp.
Marc Hazout, President and CEO
(416) 223-8500 or Toll Free: 1-866-512-7374
Email: info@susglobalenergy.com
SOURCE: SusGlobal Energy Corp.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/252859
FAQ
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