Impact reporting for TNB Aura
We developed TNB Aura’s 2023 impact report, helping the firm showcase its development impact and sustainability efforts.
TNB Aura is a thesis-led, high-conviction venture capital firm that invests in founders who want to tackle Southeast Asia’s biggest challenges. These companies use technology to tap into underserved market segments, thereby providing goods and services that uplift the lives of ‘The Next Billion.’
Since 2022, we have supported TNB Aura in measuring and communicating its impact. To showcase the sustainability evolution of the firm, we wanted to expand on the previous report, building on the foundations that TNB Aura had put into place to measure and manage ESG and impact. For 2023, we thus further explored how TNB Aura’s development contributions are aligned with the global sustainability agenda, in particular the UN Sustainable Development Goal (SDG) Framework.
We identified TNB Aura’s core impact as (i) enabling access to essential services and (ii) supporting innovation through financial backing. Co-benefits include promoting inclusion and economic productivity. Based on this analysis, TNB Aura now tracks and reports more detailed impact metrics and additional indicators aligned with SDG targets 1.4 and 9.3. To add more depth to the report, we also developed case studies, showcasing the impact of Vietnamese ed-tech start-up Vuihoc and Agri-tech company Techcoop.
Through its reporting, TNB Aura continues to showcase its progress in ESG and impact management and keeps readers updated on how the firm advances toward its goal of uplifting the next billion.
The impact reports can be found here (2022, 2023).
Photo by Towfiqu barbhuiya on Unsplash