Green consultancy firm EKI Energy on Wednesday said it plans to expand its footprints in the carbon credit market of more countries from over 18 nations at present, by March next year.
The Indore-based company provides consulting services related to climate change, sustainability, and carbon offsetting.
The time is ripe for us to expand our international footprint. As a prudent business organisation, we are targeting to expand our presence to more nations by the end of this financial year, Manish Dabkara, CMD & CEO, EKI Energy Services said.
“The company has been working in the international market since its inception as there was no domestic market for such services then. With time and effort, we have established this market across India also. We embarked on global expansion in 2019 with Vietnam and are now present in more than 18 countries,” he added.
He said the carbon market is evolving day by day and is gaining prominence as climate change and its effects are a matter of global concern.
Carbon offset buyers have geography-specific requirements and having projects in multiple countries would give EKI a better control over various aspects of the supply chain, he added.
The company has the largest business volume in terms of the number of carbon projects developed and carbon credits mobilised globally.