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Improve people's live quality through investing in environment, society, and governance.
We always believe that responsible investment is the premise to ensure that IDG Capital can achieve long-term value creation. We are continuously integrating ESG investment philosophy into every aspect of our investment process and making it an essential part of our organizational culture.
In Cleantech Sector
IDG Capital has allocated more than $2.1bn to the Cleantech Sector as of November 2023
We have selected the renewable energy industry, including solar power, electric vehicle, fuel cell, and energy storage sectors etc., to conduct an in-depth analysis of the major contributor to avoid carbon emission. The survey showed that our portfolio companies in these sectors, along with the entire value chain, were estimated to collectively increase the avoided carbon emission from 6.47 million tons in 2021 to 11.53 million tons in 2022, up 78.2% y-o-y. It is believed that such significant growth was primarily driven by the enhanced performance and growth in their operational scale of our portfolio companies.