EKOenergy ecolabel
EKOenergy is a global nonprofit ecolabel, founded in 2013 under the Finnish Association for Nature Conservation, that certifies renewable electricity, gas, and heat against extra sustainability criteria and finances Climate Fund projects in low- and middle-income countries via a network of 160+ authorized sellers in 70+ countries.
- Company typePrivate
- Founded2013
- HeadquartersHelsinki, Finland
- Headcount11–50
- GTM typeB2B
- OfferingServices
What EKOenergy ecolabel does
EKOenergy is a global nonprofit ecolabel for renewable energy, launched in 2013 and operated as a project of the Finnish Association for Nature Conservation (Suomen luonnonsuojeluliitto ry) from its secretariat in Helsinki, Finland. The organization certifies renewable electricity, gas, and heat that meet sustainability criteria exceeding standard renewable energy certifications, including requirements for tracking and additionality. The technical backbone is a book-and-claim certification system anchored by the EKOdirect database, which catalogues pre-approved renewable installations and grew from roughly 4,500 to over 7,750 entries.
EKOenergy monetizes primarily through licensing: authorized energy sellers pay for the right to apply the EKOenergy label on their renewable energy products, with a minimum contribution of €0.10 per megawatt-hour directed to the Climate Fund. The Climate Fund finances renewable energy projects in low- and middle-income countries, particularly off-grid solar installations for disadvantaged communities, while a separate Environmental Fund finances river restoration to mitigate hydropower impacts. Distribution is channel-led: more than 160 authorized sellers across 70+ countries and all inhabited continents make EKOenergy-labelled energy accessible to international companies (including at least 24 RE100 members such as Microsoft and Iliad Group), cities and municipalities, and households. The label is explicitly recognized in the Greenhouse Gas Protocol Scope 2 Guidance, the UN DESA SDG Good Practices publication, and the UN Energy Compacts Progress Report 2024, which underpins its positioning as the most credible voluntary renewable energy ecolabel for buyers seeking verifiable additionality beyond carbon neutrality.
EKOenergy ecolabel firmographics
Firmographics- Name
- EKOenergy ecolabel
- Legal name
- Suomen luonnonsuojeluliitto ry (Finnish Association for Nature Conservation)
- Website
- https://ekoenergy.org
- Company type
- Private
- Founded year
- 2013
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- EKOenergy is a global nonprofit ecolabel, founded in 2013 under the Finnish Association for Nature Conservation, that certifies renewable electricity, gas, and heat against extra sustainability criteria and finances Climate Fund projects in low- and middle-income countries via a network of 160+ authorized sellers in 70+ countries.
- Ownership category
- akta.pro rank
EKOenergy ecolabel industry classification
Industry- Product category
- Renewable Energy Certification Services
- NAICS
- Environmental Consulting Services (541620), Electric Power Generation, Transmission and Distribution (2211)
- SIC
- Electric, Gas & Sanitary Services (4900)
- akta.pro primary industry
- Standards, Certification & Compliance (RECs/GOs, sustainability reporting) (EUAMANAJ)
- akta.pro secondary industries
- Renewable Policy & Regulatory Strategy (National/State/Local) (EUAMANAA), Energy Justice, Equity & Ratepayer Impact Analysis (EUAMANAN)
Keywords
Where EKOenergy ecolabel is headquartered
LocationHeadquarters
- HQ city
- Helsinki
- HQ country
- Finland
- HQ region
- Europe
Offices1 record
Markets served
EKOenergy ecolabel business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Others
Revenue model
- Ecolabel Licensing: Energy sellers pay for the right to use the EKOenergy label on their renewable energy products. For each MWh sold with the EKOenergy label, €0.10 minimum is contributed to the Climate Fund for renewable energy projects in developing countries. The organization also receives additional voluntary contributions to the Climate Fund.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Pay-as-you-go | Climate Fund contribution per MWh |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels7 records
EKOenergy ecolabel product offering
Product offeringCore offering
EKOenergy is a nonprofit ecolabel that certifies renewable electricity, gas, and heat against sustainability criteria that exceed standard renewable energy certifications. Authorized energy suppliers pay for the right to label their renewable energy with EKOenergy, with a minimum of €0.10 per MWh contributed to a Climate Fund that finances renewable energy installations in low- and middle-income countries, and an Environmental Fund that supports river restoration projects. The label is delivered via 160+ authorized sellers across 70+ countries and is recognized by the GHG Protocol Scope 2 Guidance.
Product overview
EKOenergy ecolabel is a global nonprofit organization offering an ecolabel certification for renewable energy products. The core offering consists of the EKOenergy ecolabel which certifies renewable electricity, gas, and heat against extra sustainability criteria. The organization operates two complementary funding mechanisms: the Climate Fund, which finances renewable energy projects in developing countries, and the Environmental Fund, which supports river restoration projects. EKOenergy also provides an EKOdirect database of pre-approved installations and educational resources like the EKO-Sofia comic. The label operates through a network of 160+ authorized sellers internationally and is recognized by international standards including the Greenhouse Gas Protocol Scope 2 Guidance.
Differentiator
Problem solved
Functional benefit
Quantifiable outcome
- Over €9 million granted to 130+ renewable energy projects addressing energy poverty globally
- +3 more outcomes
Companies that use EKOenergy ecolabel
Customer profileNamed customers5 records
Segments4 records
Ideal customer profiles4 records
EKOenergy ecolabel technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
EKOenergy ecolabel partnerships and signals
Strategic signalPartnerships
Ten partnerships are on record, tiered core, major and minor.
- Siemenpuu FoundationcoreCooperation started in 2018 for selection and long-term monitoring of renewable energy projects in Mali, Myanmar, and Nepal. Siemenpuu Foundation brings 20+ years of experience financing grassroot organizations and selecting/monitoring projects. EKOenergy provides Climate Fund financing while Siemenpuu provides development cooperation expertise.
- World Wind Energy AssociationcorePartnered with World Wind Energy Association, Ukrainian Wind Energy Association, and Global100RE to support the #renewables4ukraine campaign and fundraising website development.
- Ukrainian Wind Energy AssociationcorePartnership for #renewables4ukraine campaign supporting renewable energy development and advocacy in Ukraine.
- Global100REcorePartner in #renewables4ukraine campaign supporting global renewable energy transition.
- Renewable WorldcoreUK-based NGO partnering with EKOenergy to implement solar power projects for off-grid fishing communities on Lake Victoria, Kenya. Project enables water purification and ice production for cold storage.
- RePower UkrainemajorUkrainian charity receiving €50,000 grant from EKOenergy to install solar systems at hospitals.
- GesternovacoreSpanish electricity supplier and authorized EKOenergy seller for almost 9 years. Offers EKOenergy-labelled tariffs and organizes 'Month of EKOenergy' campaigns.
- EidacoreLuxembourg energy supplier offering EKOenergy-labelled electricity to customers like Coopérations.
- REC Market MeetingminorEKOenergy is a proud supporting association of the REC Market Meeting conference, involved in organizing D-stream sessions on tracking systems and presenting in opening sessions.
- Suomen luonnonsuojeluliitto ry (Finnish Association for Nature Conservation)coreEKOenergy is a project of the Finnish Association for Nature Conservation. Provides organizational hosting, governance, and executive leadership (Tapani Veistola as Executive Director, Harri Hölttä as Chairman).
Scale indicators10 records
Recent moves6 records
Expansion highlights6 records
EKOenergy ecolabel competitors and assessment
Company assessmentBroad incumbents
- South Pole Group: Large global climate solutions provider offering renewable energy procurement and carbon offset services, comparable to EKOenergy in serving corporate buyers seeking verified renewable energy, but as a for-profit enterprise with broader service portfolio.
- RECS International: Umbrella organization representing EAC standards in Europe and beyond; comparable to EKOenergy as an industry organization operating in the same renewable energy tracking ecosystem, though broader in scope and governance-focused.
- Climate Neutral Now (UNFCCC): UN-affiliated climate neutral certification available to organizations, comparable to EKOenergy in providing corporate-level sustainability certification with UN backing, though covering carbon neutral rather than renewable energy specifically.
Direct peers
- Naturemade: Swiss eco-label for renewable electricity and heat with extra sustainability criteria, comparable to EKOenergy in applying additional ecological and social standards beyond baseline renewable energy certification.
- Green-e (Center for Resource Solutions): A leading North American renewable energy certification program with consumer and commercial labels, comparable to EKOenergy in providing third-party verification of renewable energy claims.
- Choice (Swedish eco-labelled electricity): Swedish eco-label for renewable electricity, comparable to EKOenergy in providing additional sustainability verification on top of standard guarantees of origin in the Nordic market.
- ok-Power: German eco-label for electricity with strict additionality and consumer protection criteria, directly comparable to EKOenergy's premium positioning with extra sustainability thresholds beyond standard EACs.
- I-REC Standard: Operates a global EAC standard for renewable energy tracking, directly comparable to EKOenergy's certification of renewable electricity. Both serve corporate buyers seeking verified renewable energy claims and operate through market-based instruments.
- Grünstrom (Grüner Strom Label): German eco-label for renewable electricity that funds additional renewable energy projects, functionally similar to EKOenergy's Climate Fund mechanism and premium certification model.
Regional players
- Atmosfair: German nonprofit providing carbon offset and renewable energy advisory services; comparable to EKOenergy as a nonprofit climate certification entity, though primarily operating in Germany and focused on voluntary carbon offsets.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights6 records
Customer concentration
EKOenergy ecolabel social profiles
Digital presenceEKOenergy ecolabel financial estimates
Financial estimateRevenue estimate
Valuation estimate
EKOenergy ecolabel leadership team
Management profileNumber of profiles
Profiles5 records
EKOenergy ecolabel funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
EKOenergy ecolabel M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about EKOenergy ecolabel
What does EKOenergy ecolabel do?
EKOenergy is a nonprofit ecolabel that certifies renewable electricity, gas, and heat against sustainability criteria that exceed standard renewable energy certifications. Authorized energy suppliers pay for the right to label their renewable energy with EKOenergy, with a minimum of €0.10 per MWh contributed to a Climate Fund that finances renewable energy installations in low- and middle-income countries, and an Environmental Fund that supports river restoration projects. The label is delivered via 160+ authorized sellers across 70+ countries and is recognized by the GHG Protocol Scope 2 Guidance.
Is EKOenergy ecolabel a public or private company?
EKOenergy ecolabel is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was EKOenergy ecolabel founded?
EKOenergy ecolabel was founded in 2013. It employs 11 to 50 people.
Where is EKOenergy ecolabel based?
EKOenergy ecolabel is headquartered in Helsinki, Finland, in the Europe region.
How does EKOenergy ecolabel make money?
One revenue line is on record: ecolabel Licensing.
Who are EKOenergy ecolabel's main competitors?
Broad incumbents on record are South Pole Group, RECS International and Climate Neutral Now (UNFCCC). Direct peers are Naturemade, Green-e (Center for Resource Solutions), Choice (Swedish eco-labelled electricity), ok-Power, I-REC Standard and Grünstrom (Grüner Strom Label). Atmosfair is listed as a regional player.
Does EKOenergy ecolabel have an API?
No public API is recorded for EKOenergy ecolabel.
What industry is EKOenergy ecolabel in?
EKOenergy ecolabel's product category is Renewable Energy Certification Services. Its primary akta.pro industry code is EUAMANAJ, Standards, Certification & Compliance (RECs/GOs, sustainability reporting), with a secondary code of EUAMANAA, Renewable Policy & Regulatory Strategy (National/State/Local). Its NAICS code is 541620 and its SIC code is 4900.