ECOEYE

Name

ECOEYE

Legal name

주식회사 에코아이

Website

https://ecoeye.com

Company type

Public

Founded year

2005

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Carbon Markets & Environmental Commodities

NAICS

Environmental Consulting Services (54162)

SIC

Security & Commodity Brokers, Dealers, Exchanges & Services (6200)

akta.pro primary industry

Carbon Market & Policy Advisory (Compliance Schemes, ETS Design, Article 6) (EUABADAA)

akta.pro secondary industries

Carbon Offtake Structuring & Contracting (ERPA, Long-term Offtakes, Price Floors) (EUABADAE), Carbon Credit Portfolio & Inventory Management (Banking, Hedging, Optimization) (EUAGAIAG), Audit-Ready Controls, Assurance & Compliance Workflow Tools (CSRD/SEC/ISSB) (EUABAEAG), Carbon Markets & Climate Finance (Offsets, Allowances, Carbon Funds) (FSAAALAH), Market Access, Connectivity & Trading Technology (APIs, OMS/EMS, FIX connectivity, venue gateways) (EUABAAAF)

Keywords

• Carbon credit trading
• Emissions trading services
• Carbon market analysis
• Greenhouse gas reduction
• ESG consulting services

Headquarters

HQ city

Doksansadong

HQ country

South Korea

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales

Revenue model

1. Carbon Credit Consulting & Development: Development and investment in domestic and international greenhouse gas reduction projects (CDM, JI, VCM). The company develops reduction projects, registers them with certification bodies, and earns revenue by selling the resulting emissions credits (CERs, KCERs, VCUs, VERs). Also earns consulting fees for emissions trading strategy advisory.
2. Carbon-i Information Platform Subscription: Membership-based carbon market information service providing monthly analysis reports and bi-annual supply-demand and price outlook reports. Members include major emitters holding ~55% of ETS-covered emissions, with over half being 5+ year subscribers. Operated as a subscription SaaS-like model.
3. Carbon Asset Management & Trading: Direct trading of emissions credits through EEX membership and Union Registry account. Purchase and sale of international credits including ITMOs. Long-term carbon asset holding strategy transitioning from consulting-only to asset-ownership model.

Go-to-market motion2 records

Distribution channels4 records

Marketing channels6 records

Core offering

ECOEYE develops and invests in domestic and international greenhouse gas reduction projects (CDM, JI, VCM), generates and sells verified emission reduction credits (CERs, KCERs, VCUs, VERs), and provides ETS compliance strategy advisory. The company also operates the Carbon-i subscription platform delivering monthly carbon market analysis and price forecasts to Korean ETS-covered emitters, and holds EEX trading membership enabling direct EUA trading in the European market.

Product overview

에코아이 is a carbon emissions management and environmental consulting company that operates through its core product 카본아이(Carbon-i), a carbon market analysis platform providing market information and analytical reports. The company also provides carbon credit project development and consulting services, emissions trading solutions, and ESG consulting through specialized business divisions including the Carbon Emissions Rights Business Division, Carbon Emissions Rights Financial Center, Sustainability Business Division, and Carbon Market Research Department.

Differentiator

Problem solved

Functional benefit

Brands

• Carbon-i (카본아이): Carbon market analysis platform providing emissions trading market information, monthly market analysis reports, and bi-annual supply-demand analysis and price forecasts

Products and services

• Carbon-i (카본아이) Subscription-based carbon market analysis platform providing emissions trading market information, monthly analysis reports, and semi-annual supply-demand and price outlook reports to Korean ETS-covered companies. Members include major emitters representing approximately 55% of ETS-covered emissions, with over half being 5+ year subscribers.
• Carbon Credit Consulting & Development Development, registration, and consulting services for domestic and international greenhouse gas reduction projects (CDM, JI, VCM). Earns revenue by selling resulting emissions credits and providing ETS compliance strategy advisory to large emitters and project developers.
• Carbon Asset Management & Trading Direct trading of emissions credits through EEX membership and Union Registry account, including purchase and sale of EUAs and international credits such as ITMOs. Includes a long-term carbon asset holding strategy and emissions credit brokerage services to clients.
• Regional GHG Data Platform Cloud-based GHG data platform for local governments and carbon neutrality support centers providing regional emissions inventory analysis, building-level energy and GHG statistics using Bank of Korea input-output tables (381 basic sectors), and KPI monitoring for regional carbon neutrality policy execution.
• ESG & Carbon Neutrality Consulting Sustainability advisory including carbon neutrality strategy planning, ESG reporting support, supply chain carbon management, and voluntary carbon market guidance for non-ETS-obligated companies pursuing net-zero commitments.

Quantifiable outcome

• Overseas emissions reduction certification volume market share: over 55%
• +5 more outcomes

Named customers9 records

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability1 record

Feature3 records

Partnerships

19 partnerships are on record, tiered core and minor.

• Hansung University (한성대학교)coreStrategic or Co-development Partner · 19 November 2025MOU for carbon neutrality and ESG cooperation including ECOEYE internship and field training programs, career development support, international carbon neutrality cooperation projects targeting developing countries, and joint policy, technology, and education program support.
• Vietnam Environment Administration (VEA)coreStrategic or Co-development Partner · 25 June 2025First private-sector MOU with Vietnam's state environmental authority at Vietnam Environmental & Energy Industry Exhibition 2025. ASEAN reclaimed refrigerant market entry through national-level partnership with Vietnam.
• Korea Western Power (한국서부발전)coreStrategic or Co-development Partner · 14 April 2025MOU for cooperation on emissions trading system response and reduction projects to contribute to national NDC achievement and effectively respond to ETS 4th phase (2026-2030) institutional strengthening. Joint development of international reduction projects.
• Three Metropolitan Carbon Neutrality Support Centers (대구, 대전, 전북)minorStrategic or Co-development Partner · 10 February 2025MOU for regional carbon neutrality platform utilization and mutual cooperation. Cloud-based GHG data platform providing regional emissions information, carbon neutrality KPIs, and building-level GHG details to support local government carbon neutrality policy implementation. Target: expand to basic local governments after initial rollout.
• TKG Hyukhems (TKG휴켐스)coreStrategic or Co-development Partner · 30 September 2024MOU for joint development of N2O international greenhouse gas reduction projects at nitric acid production plants. 3-party partnership with CARBON GmbH. Focus on Egypt nitric acid plant N2O reduction facility — feasibility study and joint project operation. Target annual reduction: 50,000 to 1,000,000 tons CO2e.
• CARBON GmbH (Austria)coreStrategic or Co-development Partner · 30 September 20243-party partnership with TKG Hyukhems for joint N2O reduction international reduction project development at Egyptian nitric acid production facilities. CARBON GmbH provides reduction technology and solutions.
• Eugisan Industries (유기산업)minorStrategic or Co-development Partner · 25 September 2024Joint contract for voluntary GHG reduction project using biochar supply. Follow-up to September 2022 MOU. 200-ton/day pyrolysis facility producing 2,700 tons of biochar annually, expected to generate ~3,000 tons of carbon credits. Project to be registered with international carbon issuer.
• Tanzania DNA (Designated National Authority)minorStrategic or Co-development Partner · 9 July 2024Purchase contract for Correspondingly Adjusted ITMO credits approved by Tanzania's national authority. Credits enable use in Singapore's mandatory market and other international compliance schemes.
• Export-Import Bank of Korea (한국수출입은행)minorStrategic or Co-development Partner · 24 June 2024Project supervisor for Nepal international GHG reduction project feasibility study. Bank supports cross-border cooperation and GHG reduction through government-funded international reduction programs. Part of Korea's NDC achievement support scheme.
• Chilbo Industry (칠보산업)minorStrategic or Co-development Partner · 2 May 2023Cooperation for international GHG reduction project in Cambodia using biomass power generation. Partnership leverages power industry expertise of Chilbo Industry with ECOEYE's carbon credit consulting capabilities.
• VWS (Vietnam Waste Solutions)minorStrategic or Co-development Partner · 7 November 2022Business MOU for Vietnam waste refrigerant refining and GHG reduction project. Expansion of international reduction business into Southeast Asia through Vietnam environmental waste specialist.
• Korea Southern Power (한국남부발전)coreStrategic or Co-development Partner · 22 July 2020MOU for waste refrigerant (HFCs) recovery and recycling GHG reduction project with Owonrt and SK Incheon Petrochemical. Joint effort for climate change response and SME job creation through new revenue streams.
• Owonrt (오운알투텍)minorStrategic or Co-development Partner · 22 July 2020Partner in waste refrigerant recovery and recycling project led by Korea Southern Power. Owonrt developed the refrigerant recovery methodology with ECOEYE as methodology development contractor. IoT-based monitoring system for HFC-134a recovery.
• Korea Electric Power Corporation (KEPCO)coreStrategic or Co-development Partner · 9 June 2019Joint investment with KEPCO in Myanmar mangrove afforestation CDM project with WIF. 50ha coastal mangrove forest restoration expected to sequester 170,000 tons CO2e over 20 years, while providing natural disaster protection.
• WIF (World Irradiation Federation)minorStrategic or Co-development Partner · 9 June 2019International environmental NGO partner executing Myanmar mangrove afforestation CDM project on the ground. WIF handles local implementation while ECOEYE and KEPCO provide project financing and carbon credit development expertise.
• Korea Central Power (한국중부발전)coreStrategic or Co-development Partner · 8 June 2018Joint overseas carbon credit business participation agreement with SK Securities and ECOEYE for Bangladesh high-efficiency cookstove distribution project reducing GHG emissions in Bangladeshi households.
• SK Securities (SK증권)minorGTM or Marketing Partner · 8 June 2018Overseas carbon credit business participation alongside Korea Central Power and ECOEYE. SK Securities provides financial backing and market access for international carbon project investment.
• Hyukhems (휴켐스)minorStrategic or Co-development Partner · 14 July 2017Facilitated disposal of 300,000 tons of emissions credits for Hyukhems at a total value of KRW 59.4 billion (market maximum price). Major emissions credit transaction demonstrating ECOEYE's trading capabilities.
• Daeryun E&S (대륜 E&S)minorStrategic or Co-development Partner · 21 August 2016MOU for ETS external project promotion targeting fuel-switching industrial facilities. Partnership aimed at providing benefits to caprolactam production facility operators.

Scale indicators11 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Sylvera: Carbon credit ratings and analytics platform providing independent ratings of VCM projects and price forecasting. Closest functional peer to ECOEYE's Carbon-i market intelligence and analysis business.
• Climate Impact X: Singapore-based carbon exchange and marketplace for high-quality carbon credits. Closest peer to ECOEYE's EEX trading membership and direct exchange-based credit distribution model.
• Carbon Growth Partners: Carbon asset management and project development firm focused on international VCM and compliance credit origination. Direct peer in carbon asset management and project finance advisory.
• Mercuria Energy Trading: Global commodity trading firm with a substantial environmental products and carbon credits desk. Comparable to ECOEYE's EEX trading and international credit intermediation business.
• ClimeCo: Carbon project developer and advisory firm operating across VCM and compliance markets with project origination, credit development, and trading capabilities. Similar scope to ECOEYE's full-stack carbon credit business.
• South Pole Group: Global carbon project developer and climate consultancy developing reduction projects across multiple regions. Most direct peer to ECOEYE in international CDM/VCM project origination, credit sales, and corporate climate advisory.
• BeZero: Carbon credit ratings agency providing risk assessment and price forecasts for voluntary carbon market projects. Comparable to ECOEYE's carbon market research and pricing analytics capabilities.

Emerging players

• Patch: Carbon credit API and marketplace platform providing enterprise access to vetted carbon offsets. Emerging player in the digital carbon distribution layer where ECOEYE competes for technology-enabled credit sales.

Broad incumbents

• Gold Standard: Major carbon credit standard body certifying emission reduction projects globally. Comparable in role to Verra as a standards/registry counterpart to ECOEYE's project development pipeline.
• Verra: Operator of the VCS standard and largest global carbon credit registry. Indirect incumbent peer — ECOEYE's projects register with Verra and compete for VCU issuance, making Verra a market-defining counterpart.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/ecoeyeint

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about ECOEYE