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Diginex Limited Joins Abu Dhabi Sustainable Finance Initiative
Diginex Limited has signed the Abu Dhabi Sustainable Finance Declaration, enhancing its relationship with the Abu Dhabi Global Market's sustainable finance network. This initiative aligns Diginex with over 170 financial entities, aiding compliance with the UAE's Federal Climate Law, effective May 2025. The law demands vigorous emissions reporting and decarbonization plans, addressing regional expectations for sustainability.
Through its signature on the declaration, Diginex commits to advancing sustainable finance practices in the UAE. The company aids organizations in setting carbon benchmarks and crafting transition strategies, contributing to the UAE's Net Zero 2050 ambitions. CEO Lubomila Jordanova highlighted the firm's role in bridging intent and measurable impact, fostering data quality and regulatory compliance readiness.
Since its 2019 launch, the Abu Dhabi Declaration, a voluntary initiative, has expanded from 25 to over 170 signatories, encompassing banks and institutional investors. This growth reflects the UAE's broader commitment to climate accountability and sustainable financial practices.
R. H.
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