Diginex and SGS Strengthen Partnership for Sustainable Finance
Revitalizing a Commitment to Sustainable Finance
In a proactive move to bolster sustainable finance, Diginex Limited (NASDAQ: DGNX), renowned for its Sustainability RegTech solutions, has reaffirmed its strategic partnership with SGS, a leader in testing, inspection, and certification services. This exciting collaboration signifies a renewed commitment to developing innovative solutions that empower organizations to navigate the evolving environmental, social, and governance (ESG) landscape.
Deepening Collaboration for Enhanced Impact
The partnership, initially formed in 2022, has built a solid foundation with a shared vision of improving ESG data management. As the demand for effective and transparent sustainable finance frameworks rises, Diginex and SGS are well-positioned to deepen their collaboration to address these needs. By leveraging Diginex's advanced ESG data management platforms alongside SGS's expertise in assurance and verification, the renewed alliance is set to provide unprecedented tools and services for financial institutions, corporations, and investors striving to meet stringent sustainability standards.
Key Features of the Reaffirmed Partnership
1. Improved ESG Data Assurance: The collaboration will harness Diginex’s blockchain-enabled technologies and SGS’s strict assurance methodologies to ensure the highest levels of transparency and reliability in ESG data, critical for informed sustainable investment decisions.
2. Tailored Solutions for Financial Entities: The focus will be on developing customized tools that help banks, asset managers, and financial organizations effectively integrate ESG metrics within their investment strategies, ensuring that they comply with regulations such as the EU Taxonomy and Sustainable Finance Disclosure Regulation (SFDR).
3. Localized Expertise with Global Reach: Through SGS's extensive global network combined with Diginex's innovative digital offerings, the alliance is set to provide localized yet impactful solutions that assist clients in achieving their sustainability objectives, both regionally and globally.
4. Commitment to Net-Zero Goals: The collaboration will prioritize frameworks and solutions that assist organizations in meeting net-zero targets through strategies such as carbon footprint assessments and enhanced sustainability reporting.
Voices Behind the Alliance
Mark Blick, CEO of Diginex, expressed enthusiasm about the renewed partnership: "We are thrilled to reaffirm our strategic alliance with SGS, a distinguished leader in assurance and certification. Together, we are uniquely equipped to provide the financial sector with reliable, technology-driven ESG solutions that promote real progress towards a sustainable future."
Damien Rousseau, Head of Business Assurance at SGS, also remarked on the importance of this collaboration, stating, "We take pride in advancing our strategic partnership with Diginex, which allows us to assist clients adeptly in navigating the complex terrain of sustainable finance with confidence and precision."
Towards a More Sustainable Future
Since their initial agreement, Diginex and SGS have effectively partnered to bolster the credibility and transparency of sustainability reporting across various sectors. The reaffirmation of this alliance comes at a crucial time when the importance of sustainable finance is paramount in addressing global climate and social challenges. Both organizations are dedicated to driving innovation and trust in this evolving space, significantly impacting how businesses approach sustainability.
About Diginex
Diginex Limited (NASDAQ: DGNX), based in London, operates as a pioneering RegTech company that facilitates the collection and reporting of ESG, climate, and supply chain data. By utilizing advanced technologies such as blockchain, artificial intelligence, and machine learning, Diginex is at the forefront of enhancing transparency in corporate regulatory reporting and sustainable finance initiatives.
The company's award-winning diginexESG platform supports 19 international frameworks, including GRI, SASB, and TCFD, offering end-to-end support that encompasses everything from assessing materiality to generating comprehensive sustainability reports.
About SGS
SGS is recognized globally as the leading Testing, Inspection, and Certification company, with a network of over 2,500 laboratories and business facilities in 115 countries. With a history of over 145 years, SGS combines precision and reliability, enabling organizations to attain the highest standards of quality and sustainability.
Their brand promise, when you need to be sure, reflects their dedication to trust and integrity, empowering businesses to thrive confidently in their respective fields.
Frequently Asked Questions
What is the main focus of the alliance between Diginex and SGS?
The alliance primarily focuses on enhancing sustainability finance solutions, particularly in ESG data management and assurance.
How will this partnership benefit financial institutions?
Financial institutions will gain access to tailored tools that integrate ESG metrics into their financing strategies, promoting compliance with various sustainability regulations.
What technologies are being utilized in this collaboration?
The partnership leverages blockchain technology alongside rigorous assurance methodologies to ensure transparency and reliability in ESG data.
What is the significance of the reaffirmed alliance?
The reaffirmation symbolizes both companies' commitment to driving innovation in sustainable finance, addressing the growing demand for effective ESG frameworks.
How can organizations learn more about Diginex's offerings?
Organizations interested in Diginex's solutions can visit their official website for detailed information and resources.
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