ESG for Travel and Hospitality
Responsible Investing
Velocity Ventures actively advocates sustainable investing.
We believe that responsible ownership means ensuring business success does not come with an environmental or social cost,
and together with good governance, we seek to achieve this.
Environmental
Environmental criteria consider how a company performs as a steward of nature.
- Reduce greenhouse gas emissions
- Achieve carbon neutrality
- Increase water efficiency
- Water conservation
- Waste minimization
Social
Social criteria examine how it manages relationships with employees, suppliers, customers, and the communities where it operates.
- Diversity & inclusion
- Guests and employee health and well-being
- Youth employment
- Human rights and fair labour practices
Governance
Governance deals with a company’s leadership, executive pay, audits, internal controls, and shareholder rights.
- Commitment to ESG
- Company ethics
- Decision-making and strategic oversight
- Disclosure and transparency
- Clear and fair ownership structures
- Governance of stakeholder engagement
Making Meaningful Impact
We recognize the potential impact of our portfolio companies on the environment, workers, communities, and society. As such, we have embedded considerations of ESG throughout all stages of our investment process, as well as within our own organization.
We are a strong advocate of the UN Sustainable Development Goals (UNSDGs), to create meaningful, sustainable impact for the travel, tourism and hospitality industry, and we continue to seek out new opportunities to stretch our shared impact.
Velocity Ventures is a also a signatory of the Principles for Responsible Investment.
If you are the founder of a Travel & Hospitality startup in Southeast Asia, get in touch with us.
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