Grab announces sustainability goals, aims for 40% female leadership

Grab aims to double the number of marginalized individuals working at the firm by 2025, have 40% of its leadership be female by 2030, and become carbon neutral by 2040, according to the Southeast Asian super app’s annual ESG report.

Grab is set to launch a regional program aimed at lowering the barriers for marginalized individuals to join the tech company. The program, which will roll out first in Indonesia, will provide special financial and training to help recruits adapt to the platform.

Grab has the largest food delivery market share in Malaysia / Photo credit: Grab

Grab is looking to increase the number of women in leadership roles – currently 34% of the top brass – at the firm by boosting its mentorship and leadership programs for women employees. The company said it will also look to reduce unconscious biases in candidate interviews and performance review processes through training programs.

Grab’s female workers earned 98 cents for every dollar paid to male workers in similar roles, according to the report.

“Looking ahead, we will be transforming from a double bottom line company to one focused on a triple bottom line, taking into account the importance of the environment and its impact on our communities,” founders Anthony Tan and Tan Hooi Ling said.

Meanwhile, the company is working with governments, charging infrastructure providers, and automakers to conduct studies to drive adoption of electric vehicles by developing infrastructure and financing projects. It has the largest ride-hailing electric vehicle fleet in Indonesia at 8,500 vehicles.

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The company said 96% of its total emissions in 2021 came from vehicles used to support its mobility and delivery services.

In a bid to cut its greenhouse gas emissions and plastic waste, Grab has launched a carbon offset feature and a cutlery toggle feature on its platform, which led to an offset of over 2,300 tonnes of greenhouse gas emissions and cut down on over 774 million sets of single-use cutlery.