A stunning 90% of S&P 500 Index companies in the US published sustainability reports in 2019, up from 20% in 2011, according to G&A. Gojek Head of Sustainability Tanah Sullivan summarizes the company's own recently released sustainability report and makes many extremely persuasive arguments why all companies need to articulate increased focus on environmental, social and governance (ESG). Listen in to understand the company's ambitious pursuit of "Three Zeroes" (Zero Emissions, Zero Waste & Zero Barriers) by 2030.
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By November, 2020, around 550,000 Indonesian hotel employees, or ~78.5% of the entire industry, had been furloughed or laid off, according to PHRI. RedDoorz Founder Amit Saberwal reflects deeply on the importance of decisiveness, a culture of transparency with employees & hotel partners, and steadfastness amidst crisis. These factors emboldened RedDoorz not only to navigate COVID, but moreover expand recently its mission statement; it now seeks to become the largest hospitality company in Southeast Asia.
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According to Hootsuite, 62% of Indonesia is connected to social media. Of this, 64% are on Twitter. Dwi Adriansah, Country Head of Twitter Indonesia, shares with us a range of unique use cases that his compatriots have come up with during the pandemic. Entertainment reigns supreme as the biggest category, and has become ever more popular as users yearn for content during the pandemic. Dwi also outlines the critical role that the platform has served in combatting national challenges, from vaccine disinformation to gender-based violence to even real-time flood warnings.

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Founded at the very beginning of the pandemic, BukuWarung's meteoric rise to serve more than 5m SME merchants suggests that Indonesia's warungs have accelerated their embrace of digital solutions during COVID. Founder Chinmay Chauhan explains how the company plans to grow 10X this year by expanding from current bookkeeping, payments and ecommerce enablement to a growing menu of MSME financial services.
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Levi Sani of Nalagenetics represents a new generation of entrepreneurs seeking to apply innovations to Indonesia's beleaguered healthcare sector. A champion of the rapidly emerging "pharmacogenomics" field (the study of how genes affect a person's response to drugs), Nalagenetics has also leveraged its focus on Southeast Asian populations to roll out a number of critical diagnostic solutions in Indonesia's battle against COVID-19.
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In our 3rd instalment on Special Purpose Acquisition Companies, we survey 20 leading Indonesian entrepreneurs for their most pressing questions around this increasingly popular vehicle to public listing. Jim Perry & Udhay Furtado of Citigroup, the world's most prolific underwriter of SPAC's, and Abhay Singh, founder of one of the region's first announced SPAC mergers (VMAC), answer these questions relating to the potential benefits and pitfalls of the SPAC.
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Roughly half of Indonesians between the ages of 13-30 are “gamers” of some sort. Jonathan Yuwono, GM of Rebellion Esports, along with Team Manager & eSports influencer Claudia “ClauPaw” Theodora, navigate us through the gruelling daily regimen of a top-notch esports athlete. While Indonesia has fared poorly in most major traditional sports, Jonathan sees tremendous opportunity amongst the country's young professional esports athletes. Claupaw meanwhile details the rich world of influencers and online media that support the esports ecosystem.

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While the pandemic has turned nearly all aspects of life upside-down, online Home & Living in Indonesia has seen steady and robust growth, explains Dekoruma Founder Dimas Priawan. In its mission to digitize the entire supply chain of Home & Living, Dekoruma grew 3X in 2020. With offline interaction all but impossible; customers, suppliers, contractors and designers have accelerated their move online. Dekoruma's products and services marketplaces allow these parties to collaborate and transact frictionlessly.

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Veteran emerging markets fund manager David Halpert, Founder of Prince Street Capital, reflects on his history of deep involvement in Indonesia, including key early investments in national champions such as Gojek. Indonesia is a key component of Prince Street's unique "digital decolonization" strategy, which David describes in detail. He also discusses important tech-related initiatives such as the ongoing attempt to create a fully integrated electric battery/EV manufacturing chain in Indo.

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Indonesia unemployment last year surged to its highest level since 2011. GajiGesa Cofounder Vidit Agrawal discusses the concept of Earned Wage Access, and how employers use the technology to address employee financial stress, which otherwise can drive lost productivity and absenteeism. EWA positively impacts retention and the employee experience, and is proving a valuable tool in teaching financial responsibility to low and middle-income workers.