Learning from MAKA Motors: Building a viable energy transition business in Indonesia
With rapid urbanization and economic growth in Southeast Asia (SEA), the demand for energy transition is surging. This steers the region toward renewable energy sources, as countries look to diversify their energy mix and reduce their reliance on fossil fuels and their price volatility, ultimately cutting their carbon emissions.
East Ventures launches its annual Sustainability Report 2024
East Ventures, a pioneering and leading sector-agnostic venture capital firm in Indonesia and Southeast Asia, today launched its annual report, East Ventures Sustainability Report 2024. This report demonstrates East Ventures’ continuous efforts and progress in integrating Environmental, Social, and Governance (ESG) frameworks in its operations and across its ecosystem, in generating positive impacts for the betterment of society.
“Finding the G in ESG”: What is good governance according to investors
ntegrating Environmental, Social, and Governance (ESG) principles into business practices is crucial. However, the "G" or Governance aspect, often overlooked, is equally vital. To understand why good governance is essential, startups and companies must first prioritize it. Aghnia Dima, an ESG Specialist at East Ventures, shared her insights as an investor with Jessica Novia, Chief of Impact from CarbonEthics, in a discussion moderated by Atika Benedikta, Investment Director at ANGIN, at the Ninja Demo Day, part of Ninja Accelerator Program 2023.
Join Indonesia’s largest climate tech pitching competition: The Climate Impact Innovations Challenge 2024
One Saturday in October 2023, thick smog blanketed the runways of Soekarno-Hatta International Airport, Jakarta, Indonesia, forcing several inbound flights to be diverted to other airports. The heavy smog was from a massive landfill fire that started the day before and would take days to extinguish after burning through almost the entire landfill. Just weeks earlier, firefighters battled a persistent wildfire that ravaged savanna fields and forests in Mount Bromo for over a week.
East Ventures and Temasek Foundation unveil three new tracks for second edition of Indonesia’s largest climate tech innovations competition – Climate Impact Innovations Challenge 2024
East Ventures, a pioneering and leading sector-agnostic venture capital firm that has supported over 300 tech companies across Southeast Asia, and Temasek Foundation, a Singapore-based non-profit philanthropic organization that supports sustainable development initiatives, are pleased to announce the second edition of the Climate Impact Innovations Challenge (CIIC) 2024, Indonesia's largest climate tech innovations competition.
The rise of EV two-wheelers in Southeast Asia
While electric vehicles (EVs) are poised to transform mobility across the world, a lesser-known revolution is underway in Southeast Asia (SEA) – the rise of electric two-wheelers. In a region full of motorcycles and scooters, these silent, emission-free alternatives offer the most immediate promise to SEA countries in combating climate change and leapfrogging into a sustainable future.
ECOVISEA: Measure your company’s GHG emissions today
While renewable energy continues to gain traction, fossil fuels remain the primary energy source for many businesses and industries. These ‘polluter’ industries, like manufacturing and transportation, are contributing to tons of greenhouse gas (GHG) emissions, harming the planet and its climate yearly.
East Ventures’ sustainability action: planted 1,250 mangroves in Central Java, Indonesia
East Ventures, a pioneering and leading venture capital firm in Indonesia and Southeast Asia, announced its latest environmental initiative: Planting 1,250 mangrove trees in the coastal regions of Central Java, located exactly at Semarang Mangrove Center, Semarang.