ECO2 Forests Inc. has debuted as a publicly traded company, with its stock gaining 300 percent in trading Tuesday.

The Sacramento-based company (Pink Sheets: ECOF.PK) is an international sustainable forestry company focused on reforestation and carbon sequestration projects, and offers carbon credits on an international level.

The company is “committed to delivering returns to the benefit of our shareholders and positive environmental outcomes with particular focus on carbon sequestration,” company founder Martin Tindall said in a news release.

ECO2 Forests’ shares increased to 16 cents in trading Tuesday, a 300 percent increase from its initial price.

The company disclosed limited information about its finances or operations.