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    Home » EKI Energy, ARGI ink deal to strengthen carbon credit and sustainability footprint in North America – ET EnergyWorld
    Carbon Credits

    EKI Energy, ARGI ink deal to strengthen carbon credit and sustainability footprint in North America – ET EnergyWorld

    userBy userNovember 6, 2024No Comments3 Mins Read
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    New Delhi: EKI Energy Services Ltd. (EKIESL), a global leader in carbon credit development and sustainability services, has signed a strategic representative agreement with US-based FBO Resource Group, Inc., operating as Aviation Resource Group International (ARGI). This partnership aims to expand EKI’s carbon credits trading and sustainability services across North America, with a particular focus on the aviation sector.

    Under the two-year agreement, ARGI will act as an authorized partner, facilitating transactions between project owners, organizations, and EKI for carbon credit trading. The collaboration will allow ARGI to promote EKI’s services in greenhouse gas (GHG) accounting, carbon offsetting, and environmental, social, and governance (ESG) reporting within the U.S. market.

    “This agreement represents a strategic shift in our global operations, as we partner to push the boundaries of our sustainability services and carbon credit trading in new markets,” said Manish Dabkara, Chairman and Managing Director of EKI Energy Services Ltd. “By uniting our expertise with partners who share our vision, especially with aviation, we are accelerating the future of clean energy transition and creating long-lasting impacts where they matter most.”

    Naveen Sharma, Whole-Time Director at EKI, highlighted the partnership’s role in expanding the company’s footprint. “Our collaboration with ARGI marks a significant step forward in strengthening our global footprint and advancing decarbonization solutions in the United States,” he said. “With ARGI’s expertise in the aviation sector, we are well-positioned to cater to the growing demand for sustainable solutions in North America.”

    The agreement includes provisions for exclusivity, aiming to ensure focused collaboration. ARGI will introduce EKI to potential clients in the U.S. market, facilitating contracts for carbon credits and related sustainability services.

    “ARGI’s aviation expertise combined with our sustainability services and carbon offset solutions creates a powerful partnership,” said Bhuwan Shukla, Senior General Manager of Business Development for North America and LATAM at EKI. “We’re actively working to help the aviation industry reach its 2050 net-zero target, providing support to infrastructure operators in their sustainability efforts.”

    Michael Dennis, Managing Partner at ARGI, expressed enthusiasm about the partnership’s potential. “We are thrilled to partner with EKI, a proven leader in the global carbon markets. This agreement represents a unique opportunity for us to contribute to the global effort of combating climate change while providing cutting-edge solutions to our clients in the U.S. For over five decades, ARGI has been the industry’s compass for aviation success. Now, we are leading the charge towards a sustainable future.”

    • Published On Nov 7, 2024 at 08:18 AM IST

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