The Climateur’s Creed: Shailendra Singh Rao and the Mission of Creduce

In the realm of climate change and carbon management, few companies have made as significant an impact as Creduce. Founded in 2012 by Mr. Shailendra Singh Rao and Vishwaraj Singh Rao to battle against climate change. With its headquarters in Ahmedabad, Creduce’s mission is not just to lead India but to emerge as a global powerhouse in climate change mitigation and carbon asset management services.

Offering a plethora of services ranging from Carbon Offset & Trading to Footprint & Neutrality, and specialized consultancy in Plastic Solutions, Creduce is adept at crafting net-zero roadmaps for businesses and individuals alike.

Creduce’s ambition extends beyond domestic borders, eyeing a significant market presence in the US, the UK, and the Middle East, while actively contributing to shaping India’s carbon credit policies for a greener future.

At the heart of Creduce’s story is Shailendra Singh Rao, a serial entrepreneur with academic credentials in MBA – Marketing, Human Resource & Information Technology from the Indian Institute of Planning and Management, and an English Honors degree to his name, Shailendra’s foundation was well-laid for his entrepreneurial pursuits.

Recognized for his contributions to the entrepreneurial and environmental landscape, he has been awarded with couple of accolades. Shailendra also made it to FORBES 100 notable under-40 Entrepreneurs in India.

In an Email interaction with Mr. Shailendra Singh Rao, we got insights on climate change, carbon asset management, and the future of renewable energy.

The forthcoming article promises to delve deep into the ethos of Creduce and reveal Shailendra’s vision for a sustainable future, his strategies for global expansion, and his innovative approach to combating climate change.

Can you elaborate on Creduce’s journey from En Warrior Consulting Services to its current standing as India’s leading climate change and carbon asset management service provider?

Creduce is India’s top company for managing climate change and carbon assets. It is based in Ahmedabad. People and businesses can live a “carbon-conscious” life with Creduce. This is a new idea that is quickly changing how we use the earth and its resources. The goal of Creduce is to become India’s top global business and climate change service provider.

Carbon Offset & Trading and Footprint & Neutrality are two of the services that the company offers. Plastic Solutions does plastic footprint consulting by figuring out how dangerous it is for the environment for plastic to leak in different areas.There are 75 million carbon credits owned by CREDUCE Technologies Private Limited. This alone makes it the world’s leader in creating and collecting carbon credits.

Creduce is a big company in Ahmedabad whose employees are highly skilled and have a lot of experience. With more than 12,000 MW of renewable energy projects and other work for more than 500 clients, It is one of India’s top knowledge- and technology-based service providers. There are a variety of advisory and trading services for carbon credits, renewable energy, the environment, and reducing the effects of climate change.

Because of his work to fight climate change, Shailendra was named “Entrepreneur of the Year 2016” by The Entrepreneur Magazine and Franchise India Group and “Entrepreneur of the Year 2017” by APS Media Group and Times Media Bharti Airtel. Forbes named him the best Indian businessman under 40. Start-up Energy of 2022 Named Green Entrepreneur of the Year 2021–2023. By Entrepreneur Magazine, Entrepreneur Group, and Franchise India.

Could you share more insights into Creduce’s strategic alliances with governments in Gujarat, Assam, Arunachal Pradesh, and Mizoram, and how these agreements align with Prime Minister Modi’s vision of achieving net-zero emissions in India by 2070?

Creduce has signed a deal with the Government of Arunachal Pradesh to store and create carbon credits and bamboo forests. This is to help state governments. With this deal, 100,000 hectares of land will be used to grow crops. The deal will bring in 100 million carbon credits and USD 1.5 billion for the state over the next 10 years.

The Government of Himachal Pradesh gave Creduce a forestry contract for 10,000 hectares. The project could generate 10 million Carbon Credits and bring in USD 150 million for the state over the next 10 years.

Satluj Jal Vidyut Nigam Limited’s 1500 MW Nathpa Jhakri Hydroelectric Project was completed successfully by Creduce for the creation of carbon credits. It is India’s largest hydropower plant.

Got money from other countries to make and sell smokeless stoves. A total of 3 million smokeless stoves would be made and sent to villages in Asia to encourage them to use less fuel.

Creduce has teamed up with the Government of Gujarat and the Gujarat Ecology Commission to plant and protect mangrove habitats along the coast of Gujarat. This project covers 10,000 hectares and includes advising on trading, monitoring, and developing carbon credits. This makes sure that the project helps with efforts to reduce carbon emissions.

You have been recognized as ‘Entrepreneur of the Year’ and one of India’s top young entrepreneurs by Forbes. What initiatives you have taken so far to reshape the landscape of carbon credit origination?

As our main focus is on carbon neutrality, hence we have partnered with leading gaming, ride-hailing, food and grocery delivery, and aviation companies to drive carbon neutrality with KICHEE tokens, boosting the nation’s sustainable development. This corporate engagement emphasizes the private sector’s climate change role. Also our company provides blockchain-powered supply chain management solutions to global FMCG, retail, agriculture, textiles, and engineering leaders to green their supply chains.

Carbon Credits Powerhouse: Our company, CREDUCE Technologies Private Limited, has 75 million Carbon Credits. With headquarters in Bharat, it is the largest Carbon Credits originator and aggregator worldwide.

Furthremore, in our intitatives one is Biochar machines, that make charcoal from biomass. They make fuel, soil amendments, and water purifiers. The equipment usually includes a furnace, kiln, and grate. Government authorities have ordered Creduce to make 1 million biochar devices.

The introduction of initiatives like the KICHEE token is a noteworthy step towards democratizing climate change efforts. How do these initiatives allow broader participation in the global fight against climate change, and what are the expected outcomes?

The Carbon Credit system is now open to everyone thanks to KICHEE Token Revolution. We can speed up the trade of emission-reduction credits by making standard Carbon Offset Units (COUs) from relevant projects of the Universal Carbon Registry (UCR) tokens. This will allow for global access, real-time transparency, instant settlement, more liquidity, and many other benefits that come from being part of a larger blockchain-powered sustainable ecosystem, such as the ability to self-custody.

Carbon Offset Units (COUs) in the UCR registry show that each Kichee Token is worth a tenth of a tonne of avoided CO2 emissions. The experts at CREDUCE find projects, register them, keep an eye on them, make sure they’re done right, and then give them out. This is how the quality offsets are chosen to make coins.

The release of 100 million carbon credit-wrapped tokens, made it easier for young people, crypto-savvy people, and regular people to support efforts to fight climate change and Prime Minister Modi’s goal of achieving net-zero emissions by 2070.

Looking ahead, Creduce has expressed openness to investor approaches and is considering a Mainboard IPO later in the decade. How do these plans align with the company’s commitment to sustainable growth, and what milestones can we expect in the coming years?

For India to make the transition towards carbon neutrality, there is a significant amount of work that needs to be done over the next few years. According to this, there are a billion people who need to be reached out to, and there are thousands of business opportunities that are about to arise. The moment that every single Indian starts to become conscious of the carbon footprint that they leave behind in their day-to-day lives is just a matter of time.

We would indeed require the support and participation of every single person as a stakeholder for the natural growth and progression to be an initial public offering. Not only would that provide us with a fantastic opportunity, but it would also provide us with a substantial foundation upon which to build.