Strategic sustainable finance consulting firm Blue Dot Capital announced today a new strategic partnership with ESG-focused data solutions company Diginex aimed at delivering ESG reporting solutions for investment managers.
The announcement follows the recent launch by Diginex of DiginexESG, a blockchain-enabled ESG reporting platform, aimed at helping companies of all sizes and reporting experience make their ESG reporting faster, easier and more affordable, as well as the recent closing of a $6 million Series A funding round, to support the company’s development of blockchain-enabled SaaS products and efforts to deepen its global distribution channels.
Mark Blick, CEO of Diginex, said:
“We are thrilled to partner with Blue Dot as it continues its service expansion as a robust, one-stop ESG advisory firm. Investor demand and increasing regulatory pressure have placed a renewed focus on sustainability reporting, and with Blue Dot as our partner, we will be able to offer a unique, all-encompassing software solution to investment managers navigating the intricacies of ESG reporting.”
Under the new partnership, Blue Dot will use the tech-enabled, data-driven capabilities provided by Diginex to offer ESG reporting solutions aimed at future-proofing investment management clients’ reporting processes. Additionally, the integration of the solutions will enable investment managers to scale the appropriate rigor as ESG standards and regulations evolve.
Sharadiya Dasgupta, Blue Dot’s founding partner, said:
“We are excited to bring Diginex into Blue Dot’s ecosystem as we continue to look ahead to the future of sustainable investment decision-making. The partnership will allow us to provide clients access to the latest blockchain enabled reporting innovation, to manage, validate and report data. We look forward to working with the financial services community to offer them capabilities to credibly report and manage ESG data, and on a broader scale, lead the vital transition towards a more sustainable approach to business.”