Diginex Limited Announces Acquisition of Plan A, Creating One of Europe’s Leading Integrated ESG, Carbon Accounting and Decarbonization Platforms

Diginex Limited has signed a definitive share purchase and transfer agreement to acquire Plan A, bringing together ESG reporting, carbon accounting, and decarbonization capabilities under a single integrated platform. The transaction positions the combined group as one of Europe’s most comprehensive sustainability technology providers, with ambitions to scale globally.

Under the agreement, Diginex will acquire 100 percent of Plan A’s equity for a total consideration of €55 million, comprising €3 million in cash and 6,720,317 Diginex ordinary shares valued at approximately €52 million. Following completion, Visa and Deutsche Bank will join Diginex’s shareholder base as part of the transaction.

 

Combining ESG Reporting With Carbon and Decarbonization Tools

 

The acquisition brings together Diginex’s ESG reporting and regulatory technology, which supports 19 global frameworks, with Plan A’s AI-driven carbon accounting and decarbonization platform. The combined offering is expected to link regulatory disclosure, value-chain emissions data, and decarbonization strategy within a single system.

Diginex expects the integrated platform to support full Scope 1, 2, and 3 assessments while helping companies connect emissions data to financial performance and return on investment. The aim is to move decarbonization from a compliance exercise toward a measurable business outcome, supported by auditable data across complex supply chains.

 

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Expanding Toward a One-Stop Sustainability Solution

 

Following the transaction, Diginex plans to offer an end-to-end sustainability solution covering ESG reporting, corporate audits, carbon accounting, target setting, and erformance tracking. The combined platform is designed to address growing demand for traceable Scope 3 data, credible net-zero pathways, and alignment with tightening climate disclosure requirements across multiple jurisdictions.

The company believes this integrated approach responds to persistent fragmentation in the sustainability software market, where enterprises often rely on multiple disconnected tools for reporting, emissions tracking, and decarbonization planning.

 

Positioning for a Rapidly Growing Market

 

The acquisition comes as demand for ESG and carbon management software accelerates globally. Industry estimates cited by the company suggest the broader ESG and sustainability software market could grow at a compound annual rate of 20 to 25 percent over the next five years, reaching between USD 80 billion and USD 100 billion by 2030.

Diginex views the sector as entering a critical phase, driven by converging regulatory pressure, investor scrutiny, and customer expectations around climate transparency and net-zero commitments. The company believes the combined platform is well positioned to serve enterprises navigating increasingly complex reporting and decarbonization requirements.

 

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Geographic Expansion and Strategic Rationale

 

The transaction is also intended to support international expansion for both businesses. Diginex expects to strengthen its European presence through Plan A’s established 

customer base and regional footprint, while Plan A is set to accelerate growth in Asia and North America by leveraging Diginex’s global infrastructure and public company platform.

Diginex Chairman Miles Pelham described the acquisition as a significant step toward delivering a unified sustainability platform that helps companies manage regulatory complexity while driving data-led progress toward sustainability and financial objectives. Plan A Founder and CEO Lubomila Jordanova highlighted the opportunity to replace fragmented tools with a single system that converts sustainability data into actionable climate impact and clearer financial outcomes.

Advisors on the transaction included Torch Partners and Morrison & Foerster for Plan A, and McDermott Will & Schulte along with Gibson Dunn for Diginex.