Faraday Trading increases transparency and liquidity in environmental markets by facilitating the trading of Energy Attribute Certificates (EACs). The company specializes in EKOenergy-labelled EACs, enabling businesses to efficiently procure certified renewable energy and meet their sustainability goals.
Funding
Funding not disclosed
Founders
Product
Problem
The environmental markets, particularly for Energy Attribute Certificates (EACs), often lack transparency and liquidity, hindering efficient renewable energy procurement and the achievement of sustainability goals. This opacity makes it challenging for businesses to accurately track and verify their renewable energy consumption and its associated environmental benefits.
Solution
Faraday Trading enhances the environmental markets by providing a platform that increases transparency, efficiency, and liquidity for Energy Attribute Certificates. As an authorized seller of EKOenergy-labelled EACs, the company facilitates the procurement of certified renewable energy, enabling businesses to meet their sustainability targets. By connecting energy consumers with verified renewable energy sources, Faraday Trading supports the global energy transition and contributes to the UN Sustainable Development Goals. Their services streamline the process of acquiring EACs, ensuring that clients can confidently demonstrate their commitment to renewable energy usage and environmental stewardship.
Target Audience
Businesses seeking to procure certified renewable energy and meet their corporate sustainability objectives are the primary customers.
Features
- Facilitation of trading for Energy Attribute Certificates (EACs)
- Specialization in EKOenergy-labelled EACs, including Guarantees of Origin
- Assistance in obtaining EKOenergy certification for Power Purchase Agreements (PPAs)
- Provision of renewable energy procurement solutions for businesses
- Support for global sustainability initiatives through verified renewable energy sourcing
- Enhanced transparency and liquidity within environmental markets