With Creduce, climateurs Shailendra Singh Rao and Vishwaraj Singh Rao are contributing to climate change, carbon asset management, and changing the environmental landscape, one climate action at a time.
Carbon Man of India Shailendra Singh Rao and his partner Vishwaraj Singh Rao are working relentlessly to enable people and businesses to live a ‘carbon-conscious’ life and ensure a sustainable future. The duo established Creduce in 2012 and has successfully shaped it as India’s leading services provider in climate change and carbon asset management over the years.
Climate Change Crusader
With a current turnover of about INR 140 million in FY 23-24, their Ahmedabad-based home-bred climate change mitigation company provides Carbon Offset & Trading, Footprint & Neutrality, and Plastic Solutions to individuals, businesses, and governments. Its 600+ diverse client base includes businesses from various industries, all relying on Creduce’s expertise to meet their sustainability objectives. “Creduce’s ability to cater to such a large number of clients underscores its reputation and capability to deliver high-quality sustainability solutions,” emphasises Shailendra.
Sustainable Investment Through Blockchain
Creduce launched the world’s first super-sustainable blockchain token, KICHEE, to promote carbon neutrality and other environmental benefits on May 31, 2022. By allowing holders to buy, sell, hold or burn sustainability credits, these tokens enable investment in environmental conservation efforts. Every KICHEE token is supported by verified carbon credits, making it an authentic asset for those who want to mitigate climate change. “KICHEE tokens are not like conventional carbon credits that cover only emission-reducing projects; they also include water credits, plastic recycling and methane avoidance,” according to Vishwaraj.
Carbon Credits Powerhouse
Creduce is the largest global generator and aggregator of carbon credits, with an impressive portfolio of over 65 million carbon credits. These credits are crucial for any business or individual aiming to offset carbon emissions and achieve sustainability targets. Shailendra adds, “Creduce’s speciality in this field ensures that its managed carbon credits are verified and reliable, supporting many environmental projects contributing to sequestration and emission reduction”.
Leading with Example
Creduce is India’s second-largest trader of International Renewable Energy Certificates (IRECs). This achievement highlights the company’s significant role in promoting renewable energy and supporting the transition to a low-carbon economy. “IRECs are vital for businesses seeking to demonstrate their commitment to renewable energy by purchasing certificates that represent the generation of one megawatt-hour of electricity from renewable sources,” says Vishwaraj.
(Shailendra Singh Rao, Founder and MD, Creduce)