Farnek becomes approved international I-RECs provider

Farnek becomes approved international I-RECs provider-GCC Business News
Rep. Image credits: Farnek | Cropped by GBN
By Desk Reporter, GCC Business News

UAE-based smart and green facilities management (FM) Farnek has been registered under the Evident Registry as an approved provider of I-RECs (International Renewable Energy Certificates), representing renewable electricity attributes.

I-RECs are market-based instruments certifying the generation of one megawatt-hour (MWh) of renewable electricity. They provide a tracking system for companies and individuals to verify renewable energy use and support the growth of sustainable energy in the UAE and globally.

In a complementary milestone, Farnek signed an agreement with EKOenergy, the international renewable energy ecolabel. The label applies to eligible I-RECs that meet extra environmental and sustainability criteria and is required for LEED Zero certification, giving organizations a credible pathway to verify renewable electricity sourcing and comply with advanced green building standards.

All procurement, documentation, and project information are made available through Farnek’s recently launched Emirates Carbon platform, a free, open-access platform offering carbon footprint calculations, direct access to high-quality offset programs, certified carbon credits, as well as International Renewable Energy Certificates (I-RECs).

Farnek’s registration under the Evident Registry enables issuance and provision of certified I-RECs and EKOenergy-labelled certificates. The Emirates Carbon platform centralizes access to certificate procurement and documentation, project information and traceability, automated Scope 2 emissions reduction calculations and integration with dashboards for reporting and verification on Farnek’s CarbonTek, a premium enterprise solution that tracks full Scope 1, 2, and 3 emissions across operations and supply chains.

It also prioritizes UAE renewable energy sources where possible, aligned with SBTi best practices, offers access to high-quality international I-RECs when local availability is limited and ensures all certificates comply with international carbon accounting rules and UAE MRV frameworks.

Muna Al Nahdi_Farnek launches Emirates Carbon
Muna Al Nahdi
Director – Sustainability and Consultancy – Farnek

“Being an approved provider of I-REC supports corporate decarbonization pathways which are aligned with the UAE Net Zero 2050 Strategy and provide a credible, internationally recognized mechanism for reducing Scope 2 emissions. It also enables organizations targeting Scope 1 and 2 net-zero goals by 2030, to bridge gaps where infrastructure, regulation, or on-site technology limits renewable energy adoption. Furthermore, IRECs ensure transparency and traceability, reducing risks of greenwashing and supporting audit-ready ESG reporting.”

Emirates Carbon allows organizations to source renewable electricity attributes at any scale, from small annual needs to large portfolios of thousands of megawatt-hours. It helps organizations demonstrate genuine climate action through renewable electricity adoption rather than offsets. I-RECs verify that electricity comes from certified renewable sources, either locally or from approved off-site projects, meeting SBTi and GHG Protocol standards.

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