Annual and interim reports

Letter from the Management Board

Dear reader,

Read more ›Letter from the Management Board

External environment

In 2018 we saw the world’s two prime challenges – climate change and inequality – become even more pressing.

Economic growth vs climate change

FMO shares our stakeholders’ concern for the state of the world and we believe that doing makes a difference. That is why our investments are designed to create decent work and economic growth, reduce inequality and fight climate change.

Read more ›Economic growth vs climate change

Stakeholders and material topics

We actively engage with our stakeholders to find out what matters most to them and improve our decision-making and reporting.

Read more ›Stakeholders and material topics

Our business model

Since 1970, FMO has made a positive difference in emerging economies by empowering entrepreneurs to build a better world.

Investment process

FMO aims to promote sustainable development in places where it is needed the most and financing can be hard to obtain. To this end, we make investments in businesses and projects in emerging countries.

Environmental, social and governance management

FMO’s commitments on environmental and social issues are anchored in our sustainability policy.

Read more ›Environmental, social and governance management

The FMO governance team: a consultative approach that targets long-term sustainability

Good governance plays a critical role in ensuring that the companies and projects with which FMO works are sustainable throughout their life cycle, enjoying the confidence of investors and counterparties.

Read more ›The FMO governance team: a consultative approach that targets long-term sustainability

Helping Georgian banks to push back against a dollarised economy

Georgia has benefited from a growing economy, strong international trade ties and a reputation for being business-friendly.

Read more ›Helping Georgian banks to push back against a dollarised economy

Our strategy

FMO’s ultimate strategic goal is to ’become the preferred partner to invest in local prosperity’. Our strategy is built on three pillars: higher impact, deeper relations and higher productivity.