diginex wins Hong Kong Monetary Authority Award for Best "Sustainability or Climate-related Disclosure and Reporting" Platform

diginex emerged as a frontrunner for the "Best Sustainability or Climate-related Disclosure and Reporting" platform on the Green Fintech Competition issued by the Hong Kong Monetary Authority (HKMA).

Elevating Transparency in Green Finance: diginex’s Award-Winning Innovation

In an era where sustainability shapes the future of finance, the Hong Kong Monetary Authority (HKMA) hosted the Green and Sustainable Banking Conference. Gaining attention from an audience of over 400 industry representatives — including banks, tech innovators, regulators, and scholars — the conference served as a fertile ground for advancing green finance.

As part of the conference HKMA presented the awards of the Green Fintech Competition, where diginex emerged as a frontrunner for the "Best Sustainability or Climate-related Disclosure and Reporting" platform.

Bridging the Gap in Green Finance: The Green Fintech Competition

Initiated in September 2023, the Green Fintech Competition was a call to innovators to transform the banking sector's approach to sustainability. The competition challenged participants to present market-ready solutions across pivotal themes: Net-zero Transition or Transition Planning, Climate Risk Management, Green and Sustainable Finance, and Sustainability or Climate-related Disclosure and Reporting. With over 85 entries from nearly 70 companies, the competition was a testament to the innovative spirit driving the future of sustainable finance.

Winners of the Green Fintech Competition at the Green and Sustainable Banking Conference

diginex: Pioneering Solutions for a Sustainable Future

diginex's victory shines a spotlight on our pioneering platform, distinguished for enhancing transparency and accountability in environmental reporting within the finance sector. As the banking industry grapples with the urgent need for clear, comprehensible, and actionable climate-related disclosures, diginex's solution stands out as a critical tool for enabling financial institutions to navigate the complexities of sustainable finance with greater precision and reliability.

Looking Ahead: The Implications of diginex's Achievement

diginex's award from the HKMA not only underscores the company's commitment to sustainability but also signals a broader shift in the finance industry towards embracing transparent and effective climate-related disclosures. As the sector continues to evolve, the emphasis on innovative solutions like diginexESG will be paramount in achieving the dual goals of financial stability and environmental sustainability.

By setting a benchmark in sustainability reporting, diginex not only paves the way for more responsible investment practices but also aligns with global efforts to combat climate change. This recognition by the HKMA heralds a new era in finance, where technology and sustainability converge to redefine the principles of green and sustainable banking for the betterment of our planet.

Read more from the award ceremony.