EKI Energy Services Secures SBTi Approval For 2030 Emission Reduction Targets Aligned With 1.5°C Climate Goal

EKI Energy Services Ltd. (EKI), a climate advisory and carbon offsetting firm, has received validation from the Science-Based Targets initiative (SBTi) for its ambitious emission reduction targets, aimed at aligning with the 1.5°C climate scenario. This approval demonstrates EKI’s commitment to science-based climate action and positions the company as a regional leader in corporate sustainability and climate responsibility.

As part of its commitment, EKI has set a target to reduce its Scope 1 and Scope 2 greenhouse gas (GHG) emissions by 42% by 2030, using 2023 as the base year. This reduction aligns with the global goal of limiting the rise in global temperatures to 1.5°C, in line with the Paris Agreement. In addition to its Scope 1 and 2 targets, EKI has also pledged to measure and reduce its Scope 3 emissions, which cover indirect emissions across its value chain.

This move highlights EKI’s dedication not only to its environmental goals but also to its clients and stakeholders, reinforcing its role in driving a global shift toward sustainability. Mr. Manish Dabkara, Chairman and Managing Director of EKI Energy Services, expressed that this milestone marks a defining moment in the company’s journey toward a low-carbon future. He emphasized that the company is committed to leading by example, helping both its organization and clients create positive environmental impacts and build resilience against climate change.

With this approval, EKI’s emission targets are now aligned with the rigorous standards set by the SBTi, providing a reliable framework for the company to track its progress toward its 2030 goals. This step also underscores EKI’s ongoing role in supporting global efforts to limit climate change and achieve the broader goals set out in the Paris Agreement.