Core Insights - Diginex Limited is launching an AI-automated Corporate Carbon Footprint solution named diginexGHG, certified according to the Greenhouse Gas Protocol, to help organizations manage their greenhouse gas emissions efficiently [1][5] - The global carbon accounting software market is projected to grow from $18.56 billion in 2024 to $51.64 billion in 2029, reflecting a compound annual growth rate (CAGR) of 22.9%, driven by the need for scalable tools to measure and reduce emissions [2] - New regulations, such as California's Climate Corporate Data Accountability Act and Climate-Related Financial Risk Act, are imposing stringent reporting requirements on companies based on their annual revenues, compelling them to adopt robust carbon accounting solutions [2][4] Company Overview - Diginex Limited is a sustainable RegTech company that utilizes blockchain, AI, and machine learning to enhance transparency in corporate regulatory reporting and sustainable finance [6] - The diginexGHG platform integrates with existing business systems to automate carbon management and reporting compliance, allowing companies to focus on strategic sustainability goals [5] - Diginex's products support various global frameworks, including GRI, SASB, and TCFD, providing end-to-end support for sustainability data collection and reporting [7][8] Market Trends - There is a growing global trend towards implementing disclosure requirements for businesses aligned with International Financial Reporting Standards (IFRS) and related climate disclosure frameworks [3] - Countries like the UK, Australia, Canada, Singapore, Japan, and China are actively rolling out these requirements, which will further drive demand for carbon accounting solutions [3] - The alignment of ISO standards with GHG Protocol methodologies aims to enhance consistency and credibility in corporate climate reporting, increasing the urgency for businesses to comply [4]
Diginex Launches diginexGHG: AI-Powered Platform Revolutionizing Carbon Accounting Amid Surging Global Regulations and Market Growth