We are excited to announce the release of our 2022 Sustainability Report, demonstrating our commitment to promoting Environmental, Social, and Governance (ESG) practices and our dedication to aligning with the United Nations Global Compact’s corporate sustainability principles.
As a leading Pan-Asian venture capital firm, we recognise the importance of integrating sustainability into our investment strategies. Our latest report showcases our continued efforts to enhance our ESG framework to create long-term value in the ever-evolving startup ecosystem in Asia.
Throughout the past year, we have concentrated our commitments and initiatives on three key impact areas: Diversity, Equity, and Inclusion (DEI), TaqwaTech, and Circular Economy. By fostering partnerships and engaging with startups that align their missions with the United Nations’ Sustainable Development Goals (SDGs), we aim to create a positive and lasting impact on global challenges.
The report highlights the significant progress we have made in embedding ESG considerations into our investment process. We have provided training programmes, implemented best practices, and strengthened our policies to address biases, harassment, inequality, data privacy and security risks, as well as legal and regulatory risks.
More than half of Gobi-invested startups have a designated person with day-to-day responsibilities for ESG policies, risk assessment, and compliance, increasing by 13.2% from the previous year.
Gobi reinforced its compliance policies to address bias, harassment, inequality, data privacy and security risks, mitigate legal and regulatory risks, and promote a positive and inclusive culture.
Gender equality remains a priority, and we are proud to report that a significant number of startups in our portfolio have achieved satisfactory work-life balance and gender-equal pay. For those still requiring guidance, we are committed to offering the necessary resources and support.
While we celebrate our achievements, we also acknowledge areas for improvement. We are committed to continually improve our reporting with transparency and accountability as industry best practices evolve. We have outlined our key goals, which include embedding ESG practices in employee training programmes, and sustainability-centric targets to guide our entrepreneurs and startups.
We showcase 22 remarkable portfolio companies, such as Aerodyne Group, Deliveree, and Clearbot, all demonstrating their dedication to sustainable practices and positively impacting their respective industries.
We extend our gratitude to our ESG Task Force, Committee members, and portfolio companies for their relentless efforts in advancing sustainability initiatives. Together, we will continue to strive for a better and more sustainable future.
To access the full report and its findings, please click the button below.