EKI’s Journey to Rehabilitate the Planet
The company completed 14 years of its inception this year with a greater journey ahead for newer milestones. EKI is now a global climate expert with global market leadership and expertise.
November 29, 2022. By News Bureau
EKI is now a global climate expert with global market leadership and expertise.
Manish Dabkara is the Founder of EKI Energy Services Ltd. (EKI) who currently heads the company as its Managing Director.
A climate evangelist at heart, Manish has been passionately busy steering the planet to a greener future. It is this passion that ignited him to establish EKI when he was just 25 years old. He founded EKI in 2008 with an objective to lead companies worldwide to a future of net-zero emissions. Under his leadership, EKI has grown to become a catalyst for carbon offsets not only within India but globally and has supplied over 180+ million offsets as on date. Today, the company has 3000+ clients across 40+ countries globally. Leading the world closer to a future of net-zero carbon emissions, Manish has been encouraging companies globally to adopt sustainable practices to reduce their carbon footprint and GHG emissions. Over the last 14 years, EKI has grown significantly, paving way for the growth of the carbon credits market globally.
The company was established in 2008 with a vision to make the planet greener and build a safer tomorrow and in this quest, it has enabled thousands to become climate conscious. Deeply passionate about climate as well as community development, EKI has been instrumental in numerous green projects that enable GHG mitigation as well as the upliftment of the community at large.
EKI was incepted at a time when global carbon markets were still at a nascent stage. The company brought in a disruption in the market by placing climate action on a pedestal not just within India but also globally as we worked with customers across the world.
The passion to green the planet and steer it towards a net-zero future has been the backbone of the brand EKI. The company has been successful in placing itself in a position to grow with each climate accord and agreement and has been able to continuously develop platforms, technology and relations.
A global service provider in the realm of climate action, EKI enables businesses across all sectors with strategic plans to reduce their carbon footprint and achieve their climate ambition(s). The company offers an exhaustive bouquet of end-to-end sustainable solutions for climate change and carbon offsets. It’s offerings include consultancy and advisory services for carbon asset management and renewable energy certifications & attributes. The company also specialises in driving community-based projects like green cooking for efficient cook stoves in rural homes and nature-inspired solutions (NbS) for climate action. The company was listed on the BSE (SME segment) in April 2021, becoming the first carbon credits company globally to be listed at any stock exchange. EKI witnessed one of the most successful IPO’s of the year and has since continued a strong growth momentum.
From an organisation which started with a team of 5 people, the brand has grown into a global team of 250+ professionals across 16+ countries including Dubai, Switzerland, South Africa, Vietnam, Canada, Turkey, Thailand, Mexico, and South Korea, amongst others.
EKI is a market leader with differentiated offerings and a one-stop- destination for all things related to carbon markets and corporate ESG. EKI recently started manufacturing low-cost emission reduction devices like energy-efficient cook stoves via a group company, taking the benefits of low-carbon development to communities at large.
This year, EKI also charted a new brand journey with a commitment to become net-zero by the year 2030 in addition to defining a target to mobilize up to 1 billion credits within the next 5 years (by 2027). As part of this renewed vision, the company also embraced a new brand identity that brings together the sky, nature and oceans to Steer the Planet to a net-zero future.
Service Verticals @ EKI
• Carbon Credit Portfolio Management
• Environmental Commodity Supply
• Carbon Project Investments
• Net Zero Services & ESG Subsidiaries
1. Amrut Nature Solutions Pvt. Ltd.
A joint venture company in partnership with Shell Overseas Investments B. V. (The Netherlands) for the implementation of Nature-based Solutions across India. The subsidiary works towards enabling biodiversity conservation and restoration through the enhancement of natural ecosystems like sustainable farming, farmland protection, forestation, cultivation of wetlands and grasslands et. al amongst other best practices that enable the reduction of emissions.
The subsidiary provides consultancy/advisory services to develop NBS projects such as forests, sustainable agriculture, and mangroves amongst others, to generate carbon credits for international voluntary or compliance carbon markets.
2. GHG Reductions Technologies Pvt. Ltd. Subsidiary incorporated by EKI for strengthening the backward integration of carbon credit supply through its Green Cooking initiative. EKI’s Green Cooking initiative is a sustainable community development program that was launched in 2018. Under the initiative, the company provides efficient Improved Cook Stoves (ICS) free of cost to economically weaker families in remote locations across the globe.
The subsidiary commenced operations at its Nashik plant in April 2022 to manufacture 1.2 million+ ICS per year. EKI plans to increase this capacity to 3 million+ ICS per year in a phased manner with an aim to empower more homes.
In addition to the reduction of harmful smoke emissions, our ICS offers numerous benefits that align with multiple UN Sustainable Development Goals (SDGs) including – climate action, reduction in firewood consumption, forest and biodiversity conservation, good health & well-being, employment creation, savings in health cost, enhancement of indoor air quality inside homes amongst others.
Awards & Certifications
• CDP Global Gold Consultancy Partner
• Best Developer - Asia Annual Market Ranking
• Runner up at SIDBI-ET India MSE Award 2019- Women MSE Achiever
• BEE ESCO rated
• Secured rank 2 in different categories at the Environmental Finance Awards consecutively for two years in 2018-20
• “Best Broker” and “Best Trading Company” in the Environmental Finance Annual Market Ranking Awards of 2020
• First Asian Company to sign German Govt Neutrality Initiative
• Super 30 company of the Year 2018 - The Silicon Review • Accreditation from NBQP/QCI as a senior consultant for QMS
• Accreditation from NABET for Consultancy services for Quality management System (9001:2015) • Adjudged “Promising Brand for the Year 2021” by leading financial daily The Economic Times
• Winner of “Maximum Exports in Madhya Pradesh” at AIMP SME Awrads 2021
• Carbon Neutral Company since 2016
Mr. Manish Dabkara is amongst Fortune’s 40Under40 for the year 2022. He has also been designated as a member of CII Western Region (WR) Sub-Committee of Environment Sustainability for the year 2022-23. Manish is also a recipient of Rajiv Gandhi Excellence Award 2014 & Certificate of Excellence for Outstanding Achievements in Business “Climate Change – International Industry” by Indian Solidarity Council, New Delhi.
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