Diginex Strengthens ESG Platform with Strategic Human Rights Acquisition

Diginex KYG286871044

Nasdaq-listed ESG compliance specialist Diginex has announced a definitive agreement to acquire The Remedy Project Limited, a move that significantly expands its capabilities in human rights due diligence. This strategic purchase follows a non-binding memorandum of understanding dated November 21 and is expected to close imminently, subject to standard closing conditions.

Key Transaction Details:
* The acquisition targets Hong Kong-based advisory firm The Remedy Project.
* The firm specializes in labor and human rights within global supply chains.
* Diginex plans to integrate the expertise into its diginexAPPRISE platform.
* Archana Kotecha, founder of The Remedy Project, will join Diginex's executive team.

This acquisition arrives as regulatory pressure intensifies, particularly from the EU Corporate Sustainability Due Diligence Directive (CS3D). The directive mandates that companies not only identify human rights risks but also establish verifiable remediation processes. Diginex's move directly addresses this need by merging technological infrastructure with deep operational consultancy.

The diginexAPPRISE platform, which collects standardized data directly from workers in supply chains through a multilingual interface, will be enhanced. The integration will allow Diginex to offer clients end-to-end solutions for supply chain due diligence, bridging the critical gap from risk detection to concrete corrective action. The Remedy Project brings an impressive client roster that includes major corporations like Coca-Cola and Unilever.

Part of a Broader Aggressive Growth Trajectory

The purchase aligns with a clear pattern of expansion for Diginex. Earlier in December, the company reported a staggering 293% revenue growth for the first half of fiscal 2025/26. This deal follows the October acquisition of Matter DK ApS and coincides with ongoing negotiations to purchase Plan A, a provider of AI-driven carbon accounting software.

Diginex is positioning itself within a rapidly expanding market. The carbon management software sector is estimated to reach $16 billion in 2025, with forecasts predicting a doubling to $32 billion by 2030. This growth is fueled by regulations like the CSRD and rising demand for Scope 3 emissions transparency. Some projections suggest the total addressable market could swell to $100 billion by 2032.

Enhanced Platform Capabilities and Market Position

The integration of The Remedy Project will specifically fortify Diginex's offerings in Human Rights Due Diligence and remediation programs. Archana Kotecha will assume responsibility for remediation innovation and global corporate and government relations. This infusion of expertise represents a substantial upgrade to the operational execution capabilities of the diginexAPPRISE platform, which was originally developed by the United Nations.

With its expanded suite—comprising diginexESG, diginexLUMEN, diginexAPPRISE, and diginexGHG—Diginex is carving out a role as a comprehensive, integrated provider in a regulatory-driven market. The company is systematically building a full-stack solution designed to help businesses navigate the complex and evolving landscape of sustainability compliance.