Hirdaramani takes bold new steps in transparency

The Hirdaramani Group has yet again taken bold strides towards energy accountability by being the first in Sri Lanka to receive International Renewable Energy Certificates (I-RECs) for its energy usage. With this robust tracking standard, the group hopes to add new layers of accountability and credibility to its operations, living up to the commitments outlined in the company’s own sustainability vision.

As Energy Attribute Certificates (EACs), I-RECs serve to increase transparency in the energy sector and provide clarity about the use of renewable electricity among end-consumers. The I-REC Standard (www.irecstandard.org) ensures that issued certificates comply with major international sustainability and carbon accountability standards and adhere to stakeholder expectations of industry best practice for the avoidance of double counting, double certificate issuance and double attribute claiming. The system also helps individual companies seeking to improve their environmental credentials, while raising awareness among consumers and industry players.