ESG integration into business functions key to inclusivity, cost-effective runs

ESG integration into business functions key to inclusivity, cost-effective runs

(L-R) DealStreetAsia Correspondent Tabita Diela; East Ventures Partner Avina Sugiarto; Group Head of Sustainability GoTo Tanah Sullivan; Aruna Co-founder and Chief Sustainability Officer Utari Octavianty.

Applying environmental, social, and corporate governance (ESG) principles can be a solution to be more cost-effective, according to investors and founders, who have seen it transform into an ingrained part of running a business.

The notion is the opposite of the popular belief that ESG has to be an added cost and burden to the company, GoTo Group Head of Sustainability Tanah Sullivan said during a panel discussion at the Indonesia PE-VC Summit last week.

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