Greengage, a digital finance startup that serves entrepreneurs, SMEs, family offices, and digital asset firms with its e-money solutions and B2B lending, today joined the Abu Dhabi Sustainable Finance Declaration to help promote a sustainable digital assets sector in Abu Dhabi.
Greengage was onboarded in the 15th cohort of Abu Dhabi-based tech startup accelerator Hub71 in September. A total of 21 startups were selected for Hub71 Access program.
According to the company, Greengage will utilize its expertise and insights from its pioneering work in the blockchain and ESG (Environmental, Social, and Governance) domains, and collaborate with fellow signatories to advance energy-efficient and renewable-focused initiatives.
The company will focus on increasing transparency in digital assets to ensure verifiable sustainable practices, fostering trust, and supporting ESG compliance and sustainable regulation and policy.
Speaking of the development, Sean Kiernan, CEO of Greengage, in a press statement said,
“We are proud to join the Abu Dhabi Sustainable Finance Declaration, alongside esteemed signatories like our partners at Zumo. Our commitment to long-term client relationships aligns seamlessly with sustainable business practices, reflecting Greengage’s brand mission to promote ‘green’ growth and environmental responsibility, with a clear focus on sustainability as our core ‘gage’ for collateral.”
The Abu Dhabi Sustainable Finance Declaration is a voluntary, membership-based initiative launched by Abu Dhabi Global Market (ADGM) and endorsed by the Ministry of Climate Change and Environment, the Central Bank, and the Securities and Commodities Authority. Over 135 organizations, including Greengage, have signed the declaration, committing to integrate ESG considerations into their business models, products, and investments.