Matter More, the Dubai‑based arm of blockchain‑focused Diginex, announced a significant upgrade to its carbon‑data platform that now automates 80 percent of the information‑gathering process. The improvement shortens the time required for large asset managers to compile, verify and analyse emissions data, a critical step for meeting increasingly stringent ESG disclosure requirements.
Accelerating ESG Reporting for Massive Portfolios
Asset owners and managers overseeing an estimated $20 trillion in assets have long struggled with fragmented data sources, manual spreadsheet reconciliations and delayed reporting cycles. By automating the majority of carbon‑metric collection, Matter More reduces the manual workload by more than three‑fold. The platform pulls real‑time emissions figures from suppliers, logistics providers and energy utilities, then normalises the data against internationally recognised standards such as the Task Force on Climate‑Related Financial Disclosures (TCFD) and the International Sustainability Standards Board (ISSB).
Key benefits highlighted by the company include:
- Speed: Data turnaround drops from weeks to a matter of days, enabling quicker portfolio‑level climate risk assessments.
- Accuracy: Machine‑learning algorithms cross‑check entries against multiple registries, cutting error rates that traditionally hover around 15 percent.
- Scalability: The cloud‑native architecture can handle the data volume of thousands of funds without performance degradation.
These enhancements arrive as the UAE’s own financial regulators, including the DFM and ADGM, tighten ESG reporting mandates for local institutions. By offering a solution that aligns with both regional and global standards, Matter More positions itself as a bridge between Gulf investors and the broader international sustainability ecosystem.
Implications for the UAE’s Green Finance Ambitions
The UAE has set an ambitious target to channel AED 150 billion of green‑finance capital by 2030, a goal that depends heavily on robust, transparent ESG data. Matter More’s technology directly supports this objective by giving fund managers the tools they need to demonstrate compliance and attract climate‑focused capital.
Local banks and sovereign wealth funds are already piloting the platform. One senior manager at a leading UAE sovereign fund noted that the automated solution “allows us to integrate carbon metrics into our investment decision‑making process without the usual data‑lag, which is a game‑changer for meeting our net‑zero commitments.”
Beyond the immediate efficiency gains, the rollout signals a broader shift toward digital sustainability solutions within the Gulf region. As more firms adopt automated ESG tools, the market is likely to see a rise in green‑linked financing products, such as sustainability‑linked bonds and ESG‑indexed funds, further deepening the UAE’s role as a hub for responsible investment.
Looking Ahead: Market Adoption and Competitive Landscape
While Matter More’s breakthrough marks a notable step forward, the competitive field is heating up. Other fintech players in the region are developing parallel capabilities, and global giants like Bloomberg and MSCI continue to expand their ESG data suites. Success will therefore hinge on Matter More’s ability to maintain data quality, expand its coverage to emerging markets, and integrate seamlessly with existing portfolio‑management systems.
Investors should monitor the following indicators over the next 12‑month period:
- Client onboarding rates: A rapid increase would suggest strong market appetite for automated carbon data.
- Regulatory feedback: How quickly UAE regulators endorse the platform could accelerate broader adoption across the GCC.
- Partnership announcements: Alliances with major custodians or data aggregators would enhance the platform’s reach and credibility.
In summary, Matter More’s elevation of carbon‑data automation to 80 percent offers a timely solution for institutions grappling with ESG reporting demands. By cutting manual effort, improving data fidelity and aligning with both regional and international standards, the Dubai‑based firm not only supports the UAE’s green‑finance targets but also sets a benchmark for the wider industry. As the sustainability agenda gains momentum, the platform’s uptake will be a key barometer of how quickly the financial sector can transition to data‑driven climate stewardship.
