BDO Zone Designation
CORONACH, SASKATCHEWAN ISSUED ‘A’ RATED BDO ZONE FOR FLAX STRAW
– ‘A’ RATING FOR LOCAL FLAX STRAW TO AID IN COAL TRANSITION AND EXPECTED TO DRIVE NEW BIOBASED MARKET DEVELOPMENT–
What is a BDO Zone?
The BDO Zone Initiative is a certification and regional risk rating program that enables economic development agencies and communities to effectively and credibly disclose feedstock-related risks and promote biobased development opportunities to developers and investors around the world.
The BDO Zone ratings identify the regions that are best positioned for low-risk bioeconomy project development.
Applicants for BDO Zone ratings undergo a rigorous and extensive due diligence process to rate supply chain risk using a framework of over 100 standardized, transparent, and validated risk indicators based on the BSCR Standards for biobased investment.
Like credit ratings, BDO Zone Ratings typically range from “AA” to “BBB”. Unlike credit ratings, however, a BDO Zone Rating scores risks related to three key attributes that are crucial for biobased project development: 1) surplus of biomass, 2) low-risk supply chains, and 3) suitable infrastructure to support an operating plant.