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Awareness of ESG issues has grown significantly but translating this into real, deliberate action has been slow. At Openspace, while we continue to back companies in Southeast Asia that endeavour to address inefficiencies and issues affecting our communities today, we remain cognizant that each dollar we invest in a solution comes with a responsibility that extends beyond just the capital provided.
Each year since 2020, we've made sure to put action front and centre. For us, that means taking measurable steps to evolve our responsible investment approach whilst carefully tailoring our engagement with companies in a way that makes the most sense for their business needs. We aim to keep ensuring that the companies we invest in put in place the right systems to ensure that all workers' rights are respected and upheld, to minimize their impact on our finite planetary system and to strengthen corporate governance measures.
We appreciate that this is not always easy or straightforward, but we believe that our transparency and engagement with the relevant stakeholders will set us in the right direction. To highlight how we are moving from awareness to action, we are pleased to release our 4th annual Sustainability Progress Report, which zeroes in on key environmental and social disclosures aligned with the Sustainable Accounting Standards Board (SASB) and Taskforce on Climate-related Finance (TCFD) Disclosure frameworks*. We have also expanded on our efforts to address corporate governance issues, gender diversity and climate matters within our portfolio.
To help share what we've learned along the way, we will also be sharing insights and action steps on key ESG matters like corporate governance, AI ethics, labor management over the coming weeks. We hope these prove useful for VC investors and startups alike in approaching the communities that they serve and the environments in which they operate.
*pending further guidance from IFRS
#activeintelligence
Awareness of ESG issues has grown significantly but translating this into real, deliberate action has been slow. At Openspace, while we continue to back companies in Southeast Asia that endeavour to address inefficiencies and issues affecting our communities today, we remain cognizant that each dollar we invest in a solution comes with a responsibility that extends beyond just the capital provided.
Each year since 2020, we've made sure to put action front and centre. For us, that means taking measurable steps to evolve our responsible investment approach whilst carefully tailoring our engagement with companies in a way that makes the most sense for their business needs. We aim to keep ensuring that the companies we invest in put in place the right systems to ensure that all workers' rights are respected and upheld, to minimize their impact on our finite planetary system and to strengthen corporate governance measures.
We appreciate that this is not always easy or straightforward, but we believe that our transparency and engagement with the relevant stakeholders will set us in the right direction. To highlight how we are moving from awareness to action, we are pleased to release our 4th annual Sustainability Progress Report, which zeroes in on key environmental and social disclosures aligned with the Sustainable Accounting Standards Board (SASB) and Taskforce on Climate-related Finance (TCFD) Disclosure frameworks*. We have also expanded on our efforts to address corporate governance issues, gender diversity and climate matters within our portfolio.
To help share what we've learned along the way, we will also be sharing insights and action steps on key ESG matters like corporate governance, AI ethics, labor management over the coming weeks. We hope these prove useful for VC investors and startups alike in approaching the communities that they serve and the environments in which they operate.
*pending further guidance from IFRS
#activeintelligence
