Canadian Biomass • Spring 2025 • SBP PUBLISHES ANNUAL REVIEW 2024

SBP recently published its Annual Review 2024, capturing a year of growth, strategic progress, and continued delivery as the biomass certification scheme of choice.

With 2024 marking the second year of its current three-year strategy, SBP has consolidated its position in a rapidly evolving sustainability landscape, while laying firm foundations for the years ahead.

“2024 outcomes reflect a busy and productive year for SBP. We saw significant growth in certified biomass volumes and certificate holder numbers, but equally important we took proactive steps to define our contribution to global challenges, from carbon and climate to regulatory compliance and sustainability governance. With growth comes an increased responsibility to ensure that assurance and oversight of compliance are rigorously maintained,” stated Carsten Huljus, CEO of SBP.

Record-high biomass volumes: 19.15 million tonnes of SBP-certified biomass produced and sold – a 28-per-cent year-on- year increase. Of that, 17.65 million tonnes were consumed in Europe, a 30-per-cent increase.

Certificate holder growth: a 25-per-cent rise in certificate holders, ending the year at 340.

Global expansion: SBP’s geographic reach grew to 35 countries, with new market entrants including Australia, Chile, China, Colombia, Indonesia, Ireland, and Luxembourg.

Market diversification: Continued expansion beyond pellets and chips to include biocarbon and biochar, with promising developments in agricultural biomass certification.

A major focus in 2024 was supporting the transition to SBP Standards v2.0, with comprehensive training, auditor support, and the rollout of updated Regional Risk Assessments. The revised Standards have now received positive recognition from both Ofgem (U.K.) and the Government of Japan.

“Our revised standards are in force, and we are now fully focused on their implementation,” said Huljus. “We’ve made great strides in ensuring a smooth transition for Certificate Holders and demonstrating the robustness of our scheme to regulators and stakeholders alike.”