TLDR:
- Gobi Partners has launched its third annual Sustainability Report, highlighting achievements in ESG goals.
- The report showcases Gobi’s commitment to driving impact investments in Asia through various initiatives.
Article Summary:
Gobi Partners, an Asia-focused venture capital firm, has released its third annual Sustainability Report, emphasizing its accomplishments in environmental, social, and governance (ESG) goals for the period from April 2023 to March 2024. Throughout the year, Gobi focused on three main ESG verticals: circular economy, diversity, equity, and inclusivity (DEI), and TaqwaTech. The report signifies a crucial step in Gobi’s journey towards measurable impact investments in Asia, supported by a data-first approach and a pilot program with portfolio companies to enhance ESG principles.
Gobi has implemented an ESG framework across its investment policies, established an advisory board for guidance, and introduced policies and tools for portfolio company operations. The firm prioritized gender diversity and inclusion, with 57% gender-diverse investments and a balanced male-to-female employment ratio in the Greater Bay Area. Gobi also integrated a circular economy investment thesis and sustainability initiatives like the Green Procurement Policy and Sustainability Accounting Standards Board (SASB) standards.
As a participant of the United Nations Global Compact, Gobi Partners is committed to aligning its strategies and operations with universal principles on human rights, labor, environment, and anti-corruption. With $1.6 billion in assets under management (AUM), Gobi has invested in over 380 startups, focusing on emerging and underserved markets across Asia. The firm invites stakeholders to join in creating a sustainable and inclusive future through impact investing.
