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Diginex Limited signs Abu Dhabi Sustainable Finance Declaration and deepens engagement with ADGM’s Sustainable Finance Community as UAE Climate Law reshapes disclosure expectations for the region
Globenewswire· 2026-02-24 13:00
Core Insights - Diginex Limited has signed the Abu Dhabi Sustainable Finance Declaration, enhancing its involvement in the sustainable finance ecosystem in Abu Dhabi [1][5][8] - The Abu Dhabi Declaration aims to promote sustainable finance capabilities in the UAE, aligning with UN Sustainable Development Goals and the Paris Agreement [2][5] - The UAE is advancing climate accountability through Federal Decree-Law No. (11) of 2024, which sets expectations for emissions measurement and reporting [3][4] Company Engagement - Diginex supports the UAE's Net Zero 2050 objectives by helping organizations establish carbon baselines and transition pathways [4][8] - The company is focused on aiding organizations in compliance with the UAE Federal Climate Law, which has reporting obligations starting May 30, 2026 [8] - Diginex's ESG platform supports 19 global frameworks, providing comprehensive services from data management to stakeholder engagement [9] Industry Context - The Abu Dhabi Declaration has expanded from 25 founding signatories to over 170 organizations, including major banks and institutional investors [5][6] - ADGM has established sustainable finance regulatory frameworks and ESG disclosure standards to enhance transparency in capital markets [6] - The active companies in ADGM have increased by 42% year-on-year, indicating a growing sustainable finance ecosystem [6]