Diginex has signed a Joint Venture Framework Agreement with BGlobal and the State of Mato Grosso to support large-scale sustainability and decarbonisation initiatives across one of the world’s most important agricultural regions.
The agreement establishes a framework for collaboration on the design and deployment of a digital infrastructure platform to support decarbonisation and ESG reporting, standardised and auditable sustainability and emissions data aligned with international standards, and the implementation of a “Digital Green Passport” to facilitate export market access. It also aims to generate measurement, reporting and verification (MRV)-ready data to underpin credible carbon and nature-based initiatives for companies operating in Mato Grosso.
The parties plan to begin with a sector-based pilot focused initially on the beef sector, with scope to expand into additional sectors over time.
Mato Grosso is a critical hub for global food production, covering more than 900,000 square kilometres, with around 60% of its territory remaining preserved. The framework agreement is intended to strengthen transparency and traceability across agricultural and natural-resource value chains, while complementing existing state-led initiatives such as the “Passaporte Verde” programme.
Under the proposed collaboration, Diginex and its subsidiary Plan A will contribute expertise in ESG reporting, emissions accounting and auditable data systems, alongside BGlobal’s local coordination and stakeholder engagement capabilities in Brazil. The initial focus will be on building robust data foundations, with any future market-based mechanisms subject to separate agreements.
Miles Pelham, Chairman of Diginex, said the agreement reflects the company’s ambition to support sustainability at scale in globally significant regions. Marta M. DeVito, Managing Director and CEO of BGlobal, highlighted Mato Grosso’s potential to lead on sustainable development through stronger transparency, traceability and internationally credible reporting.
Brazil’s decarbonisation market was valued at approximately USD 43.1 billion in 2024 and is projected to reach USD 76.8 billion by 2030, while the country’s sustainability management software market is expected to more than double over the same period, underscoring the growth opportunity for digital ESG infrastructure.
