PT GoTo Gojek Tokopedia Tbk (GoTo Group), the largest digital ecosystem in Indonesia, announced Friday that it has expanded its ‘Three Zeros’ commitments (Zero Emissions, Zero Waste, Zero Barriers) across its ecosystem, forming a consolidated approach and strategy for the company, united behind common sustainability goals.
Building on the materiality assessment conducted for Gojek in 2021, the company has expanded this to Tokopedia and GoTo Financial, creating a benchmark and clear set of priorities for the entire GoTo ecosystem.
This announcement was unveiled in line with the publication of GoTo Group’s first sustainability report since the combination of Gojek and Tokopedia in 2021 and the company’s historic listing on the main board of the Indonesia Stock Exchange (IDX) in April, 2022.
The report, entitled “Empowering Progress,” includes data from January-December 2021 and identifies the company’s most material issues as climate action, diversity equity and inclusion (DEI), packaging use and disposal, governance structure and business ethics, as well as other targets, cementing GoTo’s status as a regional leader in sustainability reporting.
“Sustainability has always been central to our business model, with environmental, social, and governance (ESG) considerations at the heart of how we operate and grow as a company. Since forming GoTo Group, our collective reach and therefore responsibility has expanded significantly, and we are uniquely positioned to make an even greater positive impact together,
“The Three Zeros commitments continue to drive our company towards decarbonizing our operations and that of our broader ecosystem, building a truly circular platform, and investing in the growth of our employees and partners to achieve full inclusion in all aspects. We want to set the standard for empowering progress for Indonesia and Southeast Asia, and hold ourselves accountable to all our stakeholders, including investors, partners, employees, and regulators,” GoTo Group Chief Executive Officer Andre Soelistyo said in a statement.
Meanwhile, GoTo’s President Patrick Cao said the group is committed to creating long term value for its ecosystem, so it is vital that it embed ESG best practices into its governance structure and processes.
“To do this, we hold GoTo’s senior leadership accountable for our ESG performance, ensure oversight from our board, and set sustainability targets across all our operating companies aligned to global standards in ESG disclosure and reporting. Our efforts include the expansion of our external Advisory Council, to monitor our efforts and provide us with constant advice and feedback. Ultimately, this ensures we are all moving in the same direction, and are defining and measuring progress in a consistent way,” he said.
GoTo Group Head of Sustainability Tanah Sullivan, on the other hand, said the sustainability report marks a year’s worth of progress, amid a challenging macro environment and new COVID-19 variants.
“It serves as our North Star that we will continue to strive towards. The challenges faced in 2021 gave us even stronger motivation to act more urgently, leveraging our combined ecosystem to amplify our impact and reach. At GoTo, we put the human side of our ecosystem at the core of everything we do, and our sustainability strategy is no different,
“These are the people at the very heart of our business who drive us and inspire us to do more and empower progress for all, not just a few. Our aim will always be to act in their best interests, ensuring our business model continues to create a lasting positive impact for people and planet, and holding ourselves accountable to global standards in sustainability best practice,” he said.