EKI Energy Services Ltd. earns Prestigious Accreditation from ICROA

EKI Energy Services Ltd., a leading global developer and supplier of carbon credits in the International Carbon Markets, proudly announces its accreditation by the International Carbon Reduction and Offset Alliance (ICROA). This accreditation recognizes EKI's commitment to adhering to the ICROA Code of Best Practice in providing consultancy and advisory services for carbon offsetting and sustainability while helping businesses and organisations globally to achieve their climate ambition.

For over a decade, ICROA has been a leading advocate in the voluntary carbon market, setting standards for quality assurance, emissions reductions and the effective utilization of carbon credits. As a member of ICROA, EKI joins a prestigious cohort of organisations dedicated to advancing best practices in carbon offsetting and climate finance worldwide.

Mr. Manish Dabkara, Chairman & MD of EKI Energy Services Ltd. (EKI), said, "EKI Energy Services Ltd. is honored to receive accreditation from ICROA, a testament to our unwavering dedication to upholding international best practices in carbon offsetting. This accreditation underscores our commitment to providing our clients with credible and impactful carbon credits that contribute measurably to global efforts in mitigating climate change. As a member of ICROA, EKI remains steadfast in our commitment to driving responsible corporate climate action. We believe in the transformative power of carbon finance to accelerate global decarbonization efforts and support the transition to a net-zero carbon economy by 2050."

Mr. Naveen Sharma, Director - Global Carbon Sales and Origination, EKI Energy Services said, "Achieving ICROA accreditation is a significant milestone for EKI Energy Services Ltd., reflecting our dedication to excellence in carbon offset solutions. This recognition not only highlights our commitment to rigorous environmental standards but also enhances our ability to support global climate goals effectively. We are excited to leverage this accreditation to drive further progress in carbon finance and sustainability, working closely with our clients and partners to make a tangible impact on climate change."

ICROA's stringent accreditation process involves a comprehensive organisational audit, independently verified by third-party auditors. This audit rigorously evaluates all aspects of EKI's offsetting processes, including greenhouse gas inventory measurement standards, emissions reduction targets, project selection criteria and the transparent disclosure of offsetting activities in public registries.

Managed by the International Emissions Trading Association (IETA), ICROA operates under the guiding principles of integrity, quality and impact in carbon credit supply. Its framework ensures that member organisations like EKI uphold the highest standards of environmental integrity and contribute to sustainable development goals aligned with the UN Sustainable Development Goals (SDGs).

EKI's accreditation by ICROA reinforces its position as a leader in the carbon market, facilitating corporate climate action through credible carbon offsetting solutions. The company continues to innovate and expand its portfolio of sustainability services, helping organisations worldwide achieve their environmental goals while contributing to a more sustainable future for generations to come.

Shares of EKI Energy Services Ltd was last trading in BSE at Rs. 342.60 as compared to the previous close of Rs. 347.70. The total number of shares traded during the day was 49281 in over 1452 trades.

The stock hit an intraday high of Rs. 352.00 and intraday low of 341.85. The net turnover during the day was Rs. 17103030.00.

Source : Equity Bulls

Keywords

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