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Diginex Signs Strategic Agreements with iNEED to Advance Sustainability Reporting for Rural Banks in Indonesia
LONDON and JAKARTA, Sept. 30, 2025 (GLOBE NEWSWIRE) -- Diginex Limited (NASDAQ: DGNX) (“Diginex”), a leading provider of Sustainability RegTech, today
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[{"type":"text","content":"LONDON and JAKARTA, Sept. 30, 2025 (GLOBE NEWSWIRE) -- Diginex Limited (NASDAQ: DGNX) (“Diginex”), a leading provider of Sustainability RegTech, today announced it has signed strategic agreements with PT. Inovasi Emran Ekadanta (“iNEED”), a prominent Indonesian technology innovator focused on sustainable digital transformation, to deliver comprehensive sustainability reporting capabilities to over 1,000 rural banks throughout Indonesia. This alliance builds on iNEED's established collaborations with associations in Indonesia such as DPP Perbarindo, the Dewan Pimpinan Pusat (DPP) of Perhimpunan Bank Perekonomian Rakyat Indonesia (Perbarindo). Pursuant to the strategic agreement, iNEED has agreed to pay Diginex upfront fees of approximately US$1.7 million, plus a follow-on revenue share structure. The initiative will leverage Diginex's award-winning diginexESG platform—a cloud-based solution that streamlines ESG data collection, analysis, and disclosure—to empower Indonesian financial institutions with tools for regulatory compliance, risk management, and transparent stakeholder reporting. By integrating diginexESG, the Indonesian rural banks will gain access to automated workflows, AI-driven insights, and standardized frameworks aligned with global standards such as the International Sustainability Standards Board (ISSB) and local Indonesian regulations. This alliance comes at a pivotal moment for ESG adoption in Southeast Asia, where investor interest in sustainable opportunities has surged, with 70-82% of regional investors actively exploring ESG-focused investments. Corporate Boards across ASEAN are increasingly prioritizing sustainability, with 45% planning to establish dedicated ESG or sustainability committees in 2025. Key developments in the increasing ASEAN adoption of ESG, include the launch of carbon exchanges and expansions in renewable energy capacities, signaling a broader shift toward decarbonization and economic competitiveness through green initiatives. In Indonesia, the strategic relationship between Diginex and iNEED will address the growing demand for robust ESG reporting amid regulatory pushes for transparency in the banking sector by enabling the association of rural banking in Indonesia to deliver against its sustainability goals. \"The signing of these agreements with iNEED marks a significant step in scali...