Annual and interim reports

External environment

2019 was a year of civil protest, political tension and economic uncertainty in which we saw the world’s two prime challenges – climate change and inequality – become even more pressing.

Financing some sectors increases the risk of supporting tax avoidance

Financing the agribusiness sector means also financing commodity traders, who by the nature of their business are multiple entities carrying out various supply chain roles across multiple jurisdictions around the world.

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What if mobilizing private investment means undermining your own profits?

To achieve the Sustainable Development Goals, private investment in emerging markets will need to go from billions to trillions. Development Finance Institutions like us have a key role to play, as we aim to attract more institutional investors to our markets. This mobilizing role enables us to act as an accelerator boosting investments in developing countries.

Read more ›What if mobilizing private investment means undermining your own profits?

Our business model

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

Our value creation model

Our value creation model is based on the International Integrated Reporting Council's reporting framework.

Value creation process

Our value creation starts with human, intellectual, financial, social and relationship capitals, known as ‘inputs’:

FMO in the public domain

There are only 10 years left to meet the SDGs and trillions more dollars are needed to achieve them. The public sector, private sector and civil society need to work together to accelerate progress.

Our investment process

Before we invest and during the investment period, we carefully research the financing opportunity and assess its impact on the environment, employees and workers, communities and other stakeholders.

Environmental, social and governance standards

Environmental, social and governance standards are an integral part of FMO’s investment process. These standards serve several purposes. First, they help reduce the risk to the environment, employees and workers, communities and other stakeholders.

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How we apply ESG standards in our investment process

Here we provide an explanation of the different stages in our investment process and how ESG is integrated into that process. By means of examples, we show how this works in practice.

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