Diginex Moves to Acquire Plan A, Forging an ESG Tech Powerhouse

LONDON, UK – December 02, 2025 – In a strategic move poised to reshape the rapidly expanding market for sustainability technology, Diginex Limited (NASDAQ: DGNX) has announced a non-binding Memorandum of Understanding (MOU) to acquire PlanA.earth GmbH. The all-share transaction aims to merge Diginex’s regulatory technology (RegTech) suite with Plan A’s acclaimed AI-powered carbon accounting platform, creating a formidable end-to-end solution for corporate environmental, social, and governance (ESG) management.

This proposed acquisition comes at a critical inflection point for global business. With regulatory pressure mounting and stakeholder demands for transparency reaching a fever pitch, the market for carbon management software is surging. Valued at an estimated USD 16 billion in 2025, it is projected to more than double by 2030 and potentially exceed USD 100 billion by 2032. By combining forces, Diginex and Plan A are making a bold play to capture a significant share of this growth, offering a unified platform designed to navigate the complex landscape of modern corporate responsibility.

A Market Forged by Regulation

The explosive growth in the ESG tech sector is not accidental; it is being actively forged in the halls of regulatory bodies. Two key drivers are the European Union’s Corporate Sustainability Reporting Directive (CSRD) and the global standards set by the International Sustainability Standards Board (ISSB). These frameworks are transforming sustainability reporting from a voluntary, often marketing-led exercise into a mandatory, audit-ready financial requirement.

A central challenge addressed by these regulations is the notoriously complex issue of Scope 3 emissions—the indirect emissions that occur throughout a company's entire value chain, from raw material extraction to product disposal. For most large enterprises, Scope 3 emissions constitute the vast majority of their carbon footprint, yet they remain the most difficult to measure, manage, and report accurately. This is the precise pain point that the combined Diginex-Plan A entity aims to solve.

Plan A has already built a strong reputation in this area, with a certified SaaS platform compliant with the Greenhouse Gas Protocol and the Science Based Targets initiative (SBTi). Its success in securing over 1,500 clients, including industrial giants and financial leaders like BMW, Deutsche Bank, and Visa, underscores the market's urgent need for sophisticated tools that can demystify the complexities of carbon accounting.

Building an End-to-End Sustainability Engine

The strategic logic behind the acquisition lies in the complementary nature of the two companies' offerings. Diginex has established itself as a leader in Sustainability RegTech, providing a suite of tools designed for comprehensive data management and reporting. Its flagship diginexESG platform already supports 19 global reporting frameworks, including GRI, SASB, and TCFD, while its diginexLUMEN product leverages blockchain for supply-chain transparency and risk assessment.

This proposed merger is the capstone on an aggressive acquisition strategy by Diginex. In recent months, the company has moved to acquire Matter DK ApS for advanced ESG analytics, The Remedy Project for human rights risk assessment, and Kindred OS for Edge AI technology. Each piece adds another layer to a holistic compliance and sustainability ecosystem.

By integrating Plan A, Diginex will bolt on a best-in-class carbon accounting and decarbonization engine. Plan A’s AI solutions, such as its Gaia AI tool, automate the calculation of Scope 1, 2, and 3 emissions, enabling companies to set science-based targets and model actionable decarbonization pathways. The combined platform promises a seamless experience: automated data collection via APIs, granular emissions dashboards, and audit-ready reports that connect operational performance directly to regulatory disclosure requirements.

Miles Pelham, Chairman of Diginex, framed the vision in the official announcement, stating, “By combining Plan A’s best-in-class carbon accounting and decarbonization engine with our diginexESG platform and supply-chain transparency tools like diginexLUMEN, we are delivering the one of most comprehensive ESG and carbon management suite available today. Clients will benefit from a single, seamless solution that turns complex sustainability data into clear strategic advantage.”

From Compliance Burden to Competitive Edge

For years, many corporate leaders viewed sustainability reporting as a costly compliance burden. The Diginex-Plan A merger represents a significant shift in this paradigm, positioning ESG management not as an obligation, but as a source of strategic value. By providing a single, integrated view of sustainability data—from factory-floor energy consumption to child labor risks in a tier-three supplier—the platform empowers businesses to move beyond simply filing reports.

This holistic data allows for more intelligent capital allocation, proactive risk mitigation, and the identification of new efficiencies. For example, a company can use the platform to identify high-emission hotspots in its supply chain and collaborate with those suppliers on reduction initiatives, simultaneously lowering its carbon footprint and mitigating future carbon pricing risks. Similarly, data from worker voice tools like diginexAPPRISE can provide early warnings of labor issues, protecting brand reputation and ensuring operational continuity.

This ability to transform complex data into actionable intelligence is what separates next-generation platforms from legacy reporting tools. It enables businesses to answer the tough questions posed by investors, regulators, and customers with verifiable data, building trust and enhancing long-term enterprise value. The goal is no longer just to be compliant, but to be resilient, efficient, and demonstrably sustainable.

Navigating the Path to Integration

While the strategic vision is compelling, the path forward requires meticulous execution. The announcement concerns a non-binding MOU, and the finalization of the all-share transaction is subject to due diligence and definitive agreements. Integrating two distinct technology platforms, along with their respective teams and cultures, is a significant undertaking that carries inherent risks.

Diginex's recent flurry of acquisition announcements signals a clear and ambitious growth strategy, but it will also test the organization's capacity to successfully integrate multiple new businesses and technologies simultaneously. The success of this merger will hinge on creating a truly unified platform that is more than the sum of its parts, avoiding the disjointed user experience that can plague poorly executed integrations.

However, the all-share nature of the deal suggests a strong vote of confidence from Plan A’s leadership and investors in the long-term vision and growth potential of the combined entity. If Diginex can successfully weave these powerful capabilities into a single, cohesive offering, it will be uniquely positioned to become a dominant force in a market that is not just growing, but is fundamentally redefining the future of business itself.