The company will bring its expertise and insights from its pioneering work on blockchain
Hub71 startup, Greengage, a digital finance pioneer serving entrepreneurs, SMEs, family offices and digital asset firms with e-money solutions and B2B lending, has joined the Abu Dhabi Sustainable Finance Declaration to help promote a sustainable digital assets sector in Abu Dhabi.
Greengage will bring its expertise and insights from its pioneering work on blockchain and ESG alignment to 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.
“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,” commented Sean Kiernan, CEO, Greengage.
Leveraging blockchain technology
Leveraging blockchain technology, the Hub71-based startup aims to drive efficiencies in carbon markets and offer SME clients access to carbon credit opportunities for meeting Scope 3 targets while supporting initiatives that make the industry, particularly bitcoin mining, more energy-efficient through advanced technology and investments in clean energy cryptocurrencies.
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.
Greengage is a London-based digital finance pioneer, providing a platform of relationship-based e-money account services for entrepreneurs, SMEs, family offices and digital asset firms to the highest ethical, secure and compliance standards.