Yes, it is still necessary. While SGBP and SGLS certifications indicate that a product like steel and cement meet certain environmental standards, they apply only for the building material and is not a direct substitute for the SAT criteria in the RE&C sector.
Similarly, the certifications are not a direct substitute for the SAT criteria for under the Manufacturing sector, i.e. manufacturing of steel and cement, which assesses the sustainability of the production facilities.
Financiers may view SGBP-certified steel or SGLS-certified cement as environmentally preferable products, but this does not mean they are aligned with the SAT TSC.
[Updated in Jul 2025]