Many cosmetics, skincare, or other beauty products are packaged very attractive to engage buyers. Realize it or not, waste is commonly and inevitably built into the beauty industry's business model. With the rising beauty consumption that leads to the growing impulsive beauty shopping trend in our society, the waste issue in the beauty industry is getting more critical than ever.
East Ventures, a pioneering and leading sector-agnostic venture capital firm in Indonesia, recently launched its inaugural report named East Ventures - Sustainability Report 2022. This report outlines the robust progress and range of initiatives among the firm and its ecosystem, as well as the sustainable investment framework towards sustainability.
The world celebrates Earth Day every 22 April. Earth day is an event to raise public awareness regarding environmental protection and also a time for us to reflect on what kind of contributions we have given to our mother's nature.
East Ventures, a pioneering and leading sector-agnostic venture capital firm in Indonesia, today launched its inaugural report named East Ventures - Sustainability Report 2022. This report lines out robust progress and a range of initiatives among the firm and its ecosystem in engaging the Environmental, Social, and Governance (ESG) frameworks and practices in achieving a more sustainable and inclusive future.
The awareness of gender equality and diversity in the workplace has emerged worldwide, including in Southeast Asia's work sphere. Many Southeast Asia companies realize the importance of gender diversification and equality but still figure out how to address those issues in the workplace.
In the past years, the Environmental, Social, and Governance (ESG) factors have increasingly become top of mind for companies, investors, and policy-makers globally. Investors and corporations are joining the commitment to assessing non-financial aspects as part of business strategy, operations, reporting, and risk management. Further, many companies prepare a separate sustainability report, in addition to an annual report, and pledge to reach net-zero emission in the foreseeable future.
East Ventures becomes Indonesia’s first venture capital firm to sign UN Principles for Responsible Investment
East Ventures, a pioneering and leading sector-agnostic venture capital firm in Indonesia, has officially become a UN Principles for Responsible Investment (UN PRI) signatory as part of its commitment to creating responsible and sustainable investment and ownership decisions.
In the past two years, we have faced the COVID-19 pandemic that brought uncertainty in businesses but also accelerated the growth of digital consumer adoption at the same time. The acceleration brought Indonesia to glimpse an astonishing growth of the digital economy.
Xurya, a renewable energy startup with a focus on Rooftop Solar Power Plant rental in Indonesia, announced series A funding of US$21.5 million or equivalent to Rp 308 billion. This series A funding round was led by a venture capital firm, East Ventures (Growth fund), and PT Saratoga Investama Sedaya Tbk. (Saratoga) with the returning participation of existing investors Schneider Electric and New Energy Nexus Indonesia.
East Ventures 2021 recap: 80+ deals made across SEA’s fastest growing sectors, aiming for sector diversification in 2022
Welcoming the new year of 2022, East Ventures is taking this opportunity to look back and reflect on the year 2021. Just like the rest of the world, the COVID-19 pandemic has also severely impacted our ecosystem—not only Indonesia, but it also took a heavy toll on Singapore and other SEA countries as well.