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GoTo announces partnership with IFC!

GoTo announces partnership with IFC!

GoTo, a leading technology platform in Indonesia, has announced a strategic partnership with the International Finance Corporation (IFC), a member of the World Bank Group, to enhance sustainable business practices and promote financial inclusion across the country. This collaboration aims to leverage GoTo’s extensive ecosystem, which includes Gojek and Tokopedia, to support small and medium-sized enterprises (SMEs) and drive economic growth.

Under the partnership, GoTo and IFC will develop and implement initiatives that foster sustainability within GoTo’s platform and across its vast network of partners and merchants. The focus will be on:

  1. Promoting responsible business practices.
  2. Reducing carbon emissions.
  3. Enhancing the livelihoods of millions of Indonesians.

IFC’s investment in GoTo showcases their joint commitment to expanding opportunities in Indonesia. They will work together to promote financial inclusion in Indonesia, where 97 million adults lack access to banking services. Additionally, they will enhance and fine-tune GoTo’s ESG strategy. GoTo demonstrates its dedication to sustainability through initiatives like the Three Zeros Commitments program, which reduces emissions and promotes eco-friendly practices.

Patrick Walujo, GoTo Group CEO, said, “We are thrilled to partner with IFC, a global leader in sustainable development, as both our organizations aim to make a meaningful impact on society and the planet. This partnership will provide additional support for our business as we seek to improve life for our customers, including consumers, driver partners and merchants, enabling them to achieve their financial goals and dreams.”

This collaboration highlights the significance of private-sector partnerships for sustainable development. With GoTo’s broad reach and IFC’s sustainable expertise, they can impact Indonesia’s economy and society.

In conclusion, the strategic partnership between GoTo and IFC represents a significant step towards advancing sustainable business practices and financial inclusion in Indonesia. By harnessing the power of technology and private-sector collaboration, this initiative has the potential to drive positive change, empower SMEs, and contribute to Indonesia’s sustainable development goals.

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