East Ventures’ strategy to strengthen ESG in its ecosystem
The environmental and sustainability issues are becoming more urgent than ever today. No one is immune from these issues, and all stakeholders must take necessary actions to minimize the impact now. With this issue in mind, we at East Ventures believe that technology can positively contribute to and impact the environment.
Indonesia’s Traveloka eyes sustainability demand as tourists return
Traveloka, Indonesia's leading online travel booking site, will roll out more sustainable travel options for users this year, the company's president told Nikkei Asia, as the tech unicorn aims to expand its share in Southeast Asia's growing market.
Turning your ideas on climate issues into real impact
Southeast Asia is currently on track to experience a 3°C warming, which goes beyond the target set by the Paris agreement to limit global warming to 1.5°C. This projection has significant ramifications for the worldwide market and the well-being of the Southeast Asian population.
The four tracks of Climate Impact Innovations Challenge
What will the world be like for our children if we fail to limit global warming to below 2°C, preferably to 1.5°C? In the best-case scenario where the globe warms only by 1.5°C, a 10-year-old child in 2020 will experience four fold as many extreme climate events throughout the course of their life compared to a 55-year-old.
East Ventures and Temasek Foundation launched Indonesia’s largest climate tech innovations platform of the year: Climate Impact Innovations Challenge 2023
East Ventures, a pioneering sector-agnostic venture capital firm that has supported over 250 tech companies across Southeast Asia, and Temasek Foundation, a Singapore-based non-profit philanthropic organization that supports sustainable development initiatives, launched Climate Impact Innovations Challenge (CIIC), the largest climate tech innovations platform of the year in Indonesia.
The future is green: unlocking Indonesia’s renewable energy potential
Indonesia is rich in natural resources, including coal, which has been the traditional commodity used for energy generation. This blessing also makes transitioning to renewable energy more difficult than countries without such resources. However, the global energy sector has shifted to green energy, and now is the time to unlock Indonesia's renewable energy potential.
A closer look at how East Ventures is driving ESG impact in Southeast Asia
At this year’s Tech in Asia Conference, our annual Startup Arena Pitch Battle returned offline, with four judges and scores of audience members watching six startups battle it out for the top spot. This edition, sponsored by East Ventures, focused on startups addressing environmental, social, and governance (ESG) issues.
Is sustainability expensive? Here are some facts
The answer is no. Having a sustainable business means the company needs to find a way to scale up its enterprises, saving the cost for operations and customers. Moreover, it will be a positive way if sustainable solutions can generate value for the companies.