AfterOil, Qarbotech, BANIQL, and Waste4Change won a total of IDR 10 billion in grant funding from East Ventures and Temasek Foundation
After months of comprehensive selection journey, East Ventures and Temasek Foundation are proud to conclude the Climate Impact Innovations Challenge (CIIC) 2023, the largest climate tech innovations platform of the year in Indonesia. With Indonesia assigned to lead the ASEAN Chairmanship 2023, East Ventures and Temasek Foundation are honored to host the CIIC 2023 Grand Finale as the sideline event of the ASEAN Business and Investment Summit 2023 on 2 September 2023 at The Ritz-Carlton Pacific Place, Jakarta.
Counting the economic consequences of a warming world
Climate change rapidly alters our world’s economic and social fabric, and Southeast Asia, particularly Indonesia, is no exception. Our region faces multifaceted challenges at all levels of society, impacting various sectors, including food security, tourism, and even healthcare.
East Ventures’ net-zero vision: Planting mangroves and embracing climate tech
In a significant stride towards combating climate change, East Ventures, as part of the Indonesian Chamber of Commerce and Industry (KADIN) Net Zero Hub, has pledged to become a net-zero company by 2060 at the latest. This commitment aligns East Ventures with the global efforts to reduce greenhouse gas (GHG) emissions and foster sustainable practices within our own firm and in broader ecosystem activities. The following are the various initiatives that East Ventures has undertaken in pursuit of this goal:
East Ventures fosters forest conservation and nature tourism in Komodo National Park
East Ventures, a leading and pioneering sector-agnostic venture capital firm in Indonesia, supported the management of conservation and nature tourism in Labuan Bajo, especially in the Komodo National Park. In collaboration with the Komodo National Park, the local government, and communities, this support consists of three main activities, including the planting of 5,000 mangrove seedlings, revitalizing tourist facilities, and cleaning up trash in the Komodo National Park area.
The inaugural Climate Impact Innovations Challenge 2023 presents 12 finalists with game-changing solutions to drive sustainability in Indonesia and beyond
East Ventures and Temasek Foundation announced the 12 finalists of the Climate Impact Innovations Challenge (CIIC), the largest climate tech innovations platform of the year in Indonesia. The 12 finalists of the challenge consist of teams from each track of CIIC, including Renewable Energy, Food & Agriculture, Mobility, and Ocean.
Why scaling up tech innovations will save the planet
It has become increasingly clear that we must use technology sustainably and deploy it more effectively. According to the East Ventures Sustainability Report 2023, to meet the investment needs of green solutions in Southeast Asia, which amount to around US$3 trillion by 2030, there is a need for tech innovations as catalysts.
East Ventures launches its annual Sustainability Report 2023
East Ventures, a pioneering and leading sector-agnostic venture capital firm in Indonesia, today launched East Ventures Sustainability Report 2023. This report demonstrates East Ventures and its ecosystem’s continued commitment to integrating Environmental, Social, and Governance (ESG) frameworks and practices in creating sustainable value for society.
Driving equitable digital access through ESG implementation in companies
There was no strong reason for Audrey Maximillian Herli to allow bullying to spread, mainly after he saw his friends being bullied for sharing his personal stories and problems on social media.