Heaptalk, Jakarta — Venture Capital firm AC Ventures recently unveiled its Impact Report 2024, titled “Accelerating Impact into New Heights.” In collaboration with Deloitte Indonesia, the report highlights AC Ventures’ goal of advancing innovation, promoting sustainability, and fostering systemic change across Indonesia and the region.
The report delves into the firm’s progress in three key areas: economic growth, social inclusion, and environmental sustainability, offering a transparent overview of its achievements. By implementing decarbonization and renewable energy solutions, the firm’s portfolios have thoroughly contributed to reducing and avoiding more than 4 million metric tons of CO2 emissions.
The Director of PT Deloitte Konsultan Indonesia and an expert in sustainability and climate change, Imelda Orbito, emphasized, “An Impact Report is more than a compilation of metrics; it narrates an organization’s journey toward transformative change. This collaboration reflects AC Ventures’ visionary approach and tangible societal contributions. We proudly support AC Ventures in aligning their efforts with global best practices.”
AC Ventures’ portfolio contributions
The Impact Report Showcases 2024 showcases key milestones, including:
Economic Empowerment and Job Creation:
- Over 30,000 direct jobs were created through AC Ventures’ portfolio companies.
- More than 4 million individuals and businesses are empowered via digital and financial inclusion tools.
- Notably, 40% of the portfolio companies are either led or co-led by women, reinforcing the firm’s commitment to gender equity in Southeast Asia.
Sustainability and Carbon Emission Reduction:
- Accacia, a frontrunner in decarbonizing real estate, helped its clients reduce 3.5 million metric tons of CO2 emissions.
- Xurya, with its innovative rooftop solar energy solutions, mitigated over 1.1 million metric tons of CO2 emissions while generating 1.18 billion kWh of renewable energy—substantially decreasing reliance on fossil fuels.
- ASTRO collaborated with local vendors to recycle 166 tons of cardboard packaging, while Fore Coffee reduced its use of plastic bags by 77% and recycled nearly one ton of cups across its stores.
“This report underscores how our portfolio companies drive innovation while actively contributing to climate change mitigation and sustainability. Our vision is a future where businesses succeed hand in hand with an inclusive society and a sustainable environment.” Helen Wong, Managing Partner at AC Ventures, conveyed.
The firm will expand its investments in sectors that address urgent challenges, such as reducing carbon emissions, accelerating the adoption of electric mobility solutions, accelerating energy transition through renewable energy investments, and empowering MSMEs.
