Diginex Enters Joint Venture to Boost ESG and Decarbonization in Brazil

Diginex Limited has signed a Joint Venture Framework Agreement aimed at enhancing ESG and decarbonization infrastructure in Mato Grosso, Brazil, a vital agricultural hub. This collaboration with BGlobal and the State of Mato Grosso focuses on creating a digital platform for ESG reporting and carbon initiatives. This initiative aligns sustainability efforts with international standards and supports eco-friendly export strategies.

The project begins with a pilot centered on the beef sector, potentially expanding to other sectors. The agreement promises to leverage digital tools for consistent and internationally credible sustainability management, contributing to transparency and traceability in agriculture and natural resources.

Brazil's decarbonization market, valued at $43.1 billion in 2024, is projected to grow significantly, indicating robust opportunities. The partnership seeks to bolster transparency and traceability by reinforcing current initiatives like Mato Grosso’s “Passaporte Verde.”