Key Takeaways
- Diginex signed a Joint Venture Framework Agreement with BGlobal and the State of Mato Grosso.
- The collaboration focuses on ESG reporting, decarbonization, and MRV-ready sustainability data.
- An initial sector-based pilot will focus on the beef sector, with potential expansion.
- The initiative aims to support transparency, traceability, and export market access.
- The framework aligns with Mato Grosso’s existing sustainability initiatives.
Diginex Establishes Framework for ESG and Decarbonization Platform
Diginex Limited (NASDAQ: DGNX), a global ESG and sustainability technology company, has signed a Joint Venture Framework Agreement with BGlobal and the State of Mato Grosso, Brazil. The agreement sets the foundation for a proposed collaboration to design and deploy a digital infrastructure platform supporting decarbonization, ESG reporting, and standardized sustainability data aligned with internationally recognized standards.
The Framework Agreement outlines an initial sector-based pilot, focused on the beef sector, with the potential to expand to additional sectors over time. The platform is intended to support credible emissions data, MRV-ready reporting, and the implementation of a “Digital Green Passport” concept to facilitate export market access.
Supporting Transparency and Traceability in Mato Grosso
The State of Mato Grosso is one of Brazil’s most significant agricultural and natural-resource regions, spanning more than 900,000 square kilometers. Approximately 60% of the state’s territory remains preserved, underscoring its importance to global climate and biodiversity outcomes.
Under the Framework Agreement, Diginex and its subsidiary PlanA.earth GmbH will contribute expertise in ESG reporting, emissions accounting, and auditable data infrastructure. BGlobal will support local coordination and stakeholder engagement. Together, the parties aim to help companies operating in Mato Grosso measure, disclose, and manage sustainability performance in a consistent and internationally credible manner.
A key objective is to complement and strengthen existing initiatives, including Mato Grosso’s “Passaporte Verde” program, by providing a structured digital backbone for disclosure, traceability, and reporting across agricultural and natural-resource value chains.
Focus on MRV-Ready Data and Market Credibility
The Framework Agreement emphasizes a disciplined approach to governance, transparency, and data credibility. Initial efforts will focus on measurement, reporting, and MRV-ready data, creating foundational conditions for potential future carbon and nature-based initiatives, subject to separate agreements.
Brazil’s decarbonization market was valued at approximately USD 43.1 billion in 2024 and is projected to reach USD 76.8 billion by 2030. The sustainability management software market in Brazil is also expected to grow significantly, presenting a potential opportunity for digital ESG infrastructure solutions.
Diginex & BGlobal Leadership Perspectives on the Collaboration
“The Framework Agreement reflects our ambition to support real-world sustainability at scale,” said Miles Pelham, Chairman of Diginex. “Mato Grosso is a globally significant region for agriculture, natural capital, and climate, and we see a strong opportunity for robust data and ESG infrastructure to play a constructive role.”
Marta M. DeVito, Managing Director and CEO of BGlobal, added that the collaboration brings together strong local engagement and globally recognized ESG capabilities to support transparency, traceability, and long-term value creation across key sectors in Mato Grosso.
