EKI applauds the MoEFCC's Notification on 'Ecomark' Rules Under LiFE Initiative for Sustainable Consumption and Production

EKI Energy Services Ltd. (EKI), a global leader in carbon credit consultancy and sustainability services, commends the Ministry of Environment, Forest and Climate Change for notifying the new Ecomark Rules. The Ecomark scheme, aligned with the 'Lifestyle for Environment' (LiFE) Mission, is a imperative leap towards encouraging sustainable consumption and ecofriendly production in India. The scheme will replace the previous Ecomark initiative launched in 1991 and is set to reflect the standards for environmental labeling with modern environmental targets.

The new Ecomark Rules reflect a robust commitment to sustainability, promoting products with lower environmental impact while discouraging misleading claims about eco-friendliness. The scheme is looking to foster resource efficiency, lower energy consumption, and a circular economy, contributing to India's environmental conservation efforts. Ecomark certification will help build consumer awareness, ensuring that products labeled as environmentally friendly genuinely meet strict sustainability criteria.

Implemented by the Central Pollution Control Board (CPCB) in partnership with the Bureau of Indian Standards (BIS), the scheme will ensure strict compliance with environmental standards, encourage manufacturers to adopt sustainable practices, and attract eco-conscious consumers. The scheme's holistic approach to addressing climate change and environmental protection aligns with India's and global climate goals.

The scheme emphasizes products that minimize pollution, reduce waste generation, and conserve resources, which directly supports India's commitment to reducing its carbon footprint and transitioning to a more sustainable economy.

"EKI fully supports this initiative and believes that it will not only promote responsible consumption but also drive businesses towards more sustainable production processes. This marks a significant step toward achieving our shared climate goals," said Manish Dabkara, CEO, EKI Energy Services Ltd.

With its focus on accurate eco-labeling, the Ecomark scheme sets a new standard for environmental responsibility across industries, encouraging both individual and collective decision-making that promotes sustainable lifestyles in India. This progressive move aligns with EKI's mission to promote sustainability through practical, impactful solutions.

Lifestyle for Environment (LiFE) Mission

The Lifestyle for Environment (LiFE) initiative is a global movement aimed at promoting sustainable lifestyles and reducing environmental impact. Launched by India at the COP27 climate summit, LiFE encourages individuals to adopt environmentally friendly habits in their daily lives, such as reducing waste, conserving energy, and choosing sustainable products. By making small changes in their lifestyles, individuals can contribute significantly to mitigating climate change and protecting the planet. LiFE emphasizes the power of individual action and aims to inspire a global movement towards sustainable living.

Shares of EKI Energy Services Ltd was last trading in BSE at Rs. 299.15 as compared to the previous close of Rs. 300.35. The total number of shares traded during the day was 16861 in over 701 trades.

The stock hit an intraday high of Rs. 304.20 and intraday low of 298.00. The net turnover during the day was Rs. 5058807.00.

Source : Equity Bulls

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