A ride-hailing app in Indonesia, in a three-pronged sustainability policy, Gojek has unveiled plans to convert every car and motorcycle on its app network to be an electric vehicle (EV) by 2030. According to co-founder and co-CEO Kevin Aluwi, the company’s “Three Zeros” agenda seeks to achieve zero carbon, zero waste, and zero socio-economic obstacles by the end of the decade. The 11-year-old company will invest in a number of electric vehicle pilot projects across Southeast Asia, as well as a “world-first” in-app carbon offsetting feature. However, Aluwi stated that the proposals would still include outside assistance.
Aluwi said, “We’re certainly going to put our money where our mouth is.” “However, it goes without saying that we cannot drive this alone,” he added, emphasising the importance of public-private partnerships in the development of supportive infrastructure. Gojek has already gotten a lot of attention from battery producers, nickel suppliers, and Indonesian government officials who want to help with the transition to green energy in the world’s fourth most populated nation and its neighbouring area, according to Aluwi. “There is a lot of concern from a lot of different people because Indonesia is one of the largest motorcycle-based transportation countries in the world, and we see ourselves as primarily a facilitator in making this happen.”
In addition, the organisation introduced a number of social mobility projects, including the creation of an employee-led board to promote workplace diversity, equity, and inclusive schemes, as well as assistance with digitization for micro and small companies. It has agreed to participate in only gender-diverse panels for speaking engagements. The plans, according to Aluwi, would help Gojek overcome some of the company’s and Indonesia’s obstacles to inclusivity. “If I may be painfully frank with ourselves, we’re a long way from where we ought to be. But I believe our commitments are the first step toward correcting this,” he added.
The proposals were revealed in the company’s first sustainability report on Friday, which outlines the company’s financial, social, and governance (ESG) goals. The objectives will be made public and reviewed on an annual basis. In the publication of the study, Allinettes Adigue, head of ASEAN at the Global Reporting Initiative, which offers metrics for companies and governments’ ESG commitments, said, “It is no longer a matter of whether companies should report on their sustainability effects.” “It’s now a question about whether the knowledge companies have is trustworthy and relevant, and whether it accurately reflects their impact on the environment, environment, and society,” he said.
Gojek has announced that it will combine with Tokopedia, an Indonesian e-commerce group, to form GoTo, a multi-function app. The country’s two most profitable start-ups will potentially aim for a value of up to $40 billion under the new agency, while they compete in the public markets with fellow Southeast Asian ride-hailing giant Grab. “An IPO is certainly an area, an activity, and a milestone that we know is on the cards for us at some point,” Aluwi said, though he wouldn’t commit to any specific dates. Grab, which is backed by SoftBank, announced last month that it will go public through a SPAC merger with Altimeter Growth Corp., valued at $39.6 billion — the largest blank-check merger to date.