EKI Energy surges on joining hand with Partnership for Accounting Financials Accreditation
EKI Energy Services is currently trading at Rs. 309.25, up by 9.05 points or 3.01% from its previous closing of Rs. 300.20 on the BSE.
The scrip opened at Rs. 306.25 and has touched a high and low of Rs. 317.95 and Rs. 296.50 respectively. So far 120019 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 449.00 on 15-Dec-2023 and a 52 week low of Rs. 207.00 on 21-Nov-2024.
Last one week high and low of the scrip stood at Rs. 365.80 and Rs. 293.00 respectively. The current market cap of the company is Rs. 847.71 crore.
The promoters holding in the company stood at 73.41%, while Non-Institutions held 26.59% stake in the company.
EKI Energy Services has joined hands with Partnership for Carbon Accounting Financials (PCAF) accreditation to advance sustainable finance in India. EKI is only the second entity in India to embark on this journey, strengthening the country’s commitment to aligning financial practices with global climate goals.
Sustainable finance is evolving rapidly in India from its nascent stage, fuelled by initiatives like the Reserve Bank of India’s Framework for Green Finance and the nation’s pledge to achieve net zero by 2070. Through the PCAF accreditation, EKI aims to empower financial institutions to adopt the PCAF Standard, enabling them to measure and report greenhouse gas (GHG) emissions associated with their loans and investments.
As an accredited PCAF partner, EKI will leverage its extensive expertise in carbon footprint assessment, carbon credit trading, and sustainability strategy to guide financial institutions in integrating science-based targets into their operations. By adopting these standards, institutions can align with the Paris Agreement’s goals and play a pivotal role in accelerating the transition to a low-carbon economy.
EKI Energy Services is a well-recognized brand in the realm of ‘climate change, carbon credit, and sustainability solutions’ across the globe.