Disclosure number and name

Reference

Explanation

GRI 3-1 Process to determine material topics

Materiality assessment and stakeholder engagement

GRI 3-2 List of material topics

Materiality assessment and stakeholder engagement

Biodiversity

GRI 3-3 Management of material topics

Our strategy; Our investment process; Performance against our strategy - ESG performance

GRI 304-2 Significant impacts of activities, products and services on biodiversity

-

We currently report only in case of management gaps related to biodiversity. Monitoring focuses on three themes, namely biodiversity and natural living resources, ecosystem services, and supply chain biodiversity. In 2024, we will be developing KPIs to steer and monitor on our biodiversity ambitions, encompassing both positive and negative impacts.

GRI 304-3 Habitats protected or restored

-

As we currently do not engage in direct restoration efforts, we do not monitor this aspect. However, in deals where restoration is relevant, specific information is provided if deemed material for FMO's due diligence.

Organization-specific indicator

Connectivity table

ESG performance target

Climate change

GRI 3-3 Management of material topics

Our strategy; Performance against our strategy - Climate Action and ESG performance; 2024 Outlook; Materiality assessment and stakeholder engagement

GRI 305-3 Other indirect (Scope 3) GHG emissions

Performance against our strategy - Climate Action, Agribusiness, food and water sector, Energy sector, Financial institutions sector

Total financed absolute GHG emissions

GRI 305-5 Reduction of GHG emissions

Performance against our strategy - Climate Action; Energy sector

Total financed avoided GHG emissions

Power generation emissions (reduction target)

Organization-specific indicator

Connectivity table

Green-labelled total committed portfolio

Green-labelled total new Investments

Total financed avoided GHG emissions

Total financed absolute GHG emissions

Community investment and engagement

GRI 3-3 Management of material topics

Our investment process; Performance against our strategy - ESG performance; Materiality assessment and stakeholder engagement

GRI 413-1 Operations with local community engagement, impact assessments, and development programs

Our investment process; Performance against our strategy - ESG performance, Development contributions, Public funding;

No indicator

Diverse and inclusive organization – FMO’s workforce

GRI 3-3 Management of material topics

Performance against our strategy - Organizational developments; Materiality assessment and stakeholder engagement; Corporate governance; Report of the Supervisory Board

GRI 405-1 Diversity of governance bodies and employees

Performance against our strategy - Organizational developments; Corporate governance; Report of the Supervisory Board

MB and SB composition by gender, age and nationality

Employee diversity by gender and nationality

GRI 405-2 Ratio of basic salary and remuneration of women to men

Performance against our strategy - Organizational developments

A multivariate regression analysis was performed to compare remuneration of women and men

Employee development, engagement, health and well-being – FMO’s workforce

GRI 3-3 Management of material topics

Performance against our strategy - Organizational developments; Materiality assessment and stakeholder engagement

GRI 403-1 Occupational health and safety management system

Performance against our strategy - Organizational developments; Materiality assessment and stakeholder engagement

GRI 403-6 Promotion of worker health (topic management disclosure)

Performance against our strategy - Organizational developments; Materiality assessment and stakeholder engagement

GRI 404-1 Average hours of training per year per employee

We are unable to report the average hours of training per year per employee as this information is currently not captured in our systems. The feasibility to disclose this information in upcoming reports will depend on system upgrades and our ability to record this information in the future. 

GRI 404-2 Programs for upgrading employee skills and transition assistance programs

Performance against our strategy - Organizational developments

Organization-specific indicator

Connectivity table

Employee engagement score

Gender equality – FMO’s customers and workers in the value chain

GRI 3-3 Management of material topics

Our strategy; Performance against our strategy - Advancing gender equality; Materiality assessment and stakeholder engagement

Organization-specific indicator

Connectivity table

Financing for women-owned or women-led SMEs (€ mln)

Human rights

GRI 3-3 Management of material topics

Our investment process; Performance against our strategy - ESG performance; Materiality assessment and stakeholder engagement

Organization-specific indicator

Connectivity table

Nr. of new admissible complaints received

Nr. of customers in portfolio for which human rights were assessed during due diligence

Maintaining financial sustainability

GRI 3-3 Management of material topics

Performance against our strategy - Financial performance; Risk management; Materiality assessment and stakeholder engagement

GRI 201-1 Direct economic value generated and distributed

Consolidated financial statements

GRI 201-2 Financial implications and other risks and opportunities due to climate change

Consolidated financial statements; TCFD Report

Part of the reporting requirements have been omitted because the financial implications of risks and opportunities have not been quantified.

Organization-specific indicator

Connectivity table

Operating income

Operating expenses

Impairments

Net profit/(loss)

Underlying net profit/(loss)

Total assets

Shareholders' equity

Debentures & notes

Non-performing exposures

Return on average shareholders' equity

Return on assets

Common Equity Tier 1

Pollution

GRI 3-3 Management of material topics

Our strategy; Our investment process; Performance against our strategy - ESG performance

Organization-specific indicator

Connectivity table

ESG performance target

Productive employment & decent work for all and inclusive & sustainable economic growth – workers in the value chain

GRI 3-3 Management of material topics

Our strategy; Performance against our strategy - Sustainable economic growth and decent jobs, Reducing inequality between and within countries, ESG performance, Agribusiness, food and water sector, Energy sector, Financial institutions sector; 2024 Outlook; Materiality assessment and stakeholder engagement

Organization-specific indicator

Connectivity table

Total committed portfolio - FMO, public funds, direct mobilized funds

Total new investments - FMO, public funds, direct mobilized funds

Nr. of total jobs supported

Reduced inequalities

GRI 3-3 Management of material topics

Our strategy; Performance against our strategy - Reducing inequality between and within countries, ESG performance, Agribusiness, food and water sector, Energy sector, Financial institutions sector; 2024 Outlook; Materiality assessment and stakeholder engagement

GRI 203-2 Significant indirect economic impacts

Performance against our strategy - Sustainable economic growth and decent jobs, Reducing inequality between and within countries, ESG performance, Agribusiness, food and water sector, Energy sector, Financial institutions sector, ESG risk management

Nr. of jobs supported
Number of micro loans in clients' loan portfolios
Number of SME loans in clients' loan portfolios
Amount of power produced and
Equivalent number of people served via power generation projects
Number of smallholder farmers supported

Organization-specific indicator

Connectivity table

RI-labelled total committed portfolio

RI-labelled total new investments

Responsible, compliant, transparent, and accountable banking

GRI 3-3 Management of material topics

Our investment process; Performance against our strategy - Business integrity; Materiality assessment and stakeholder engagement; Risk management - non-financial risk

GRI 205-1 Operations assessed for risks related to corruption

Our investment process; Performance against our strategy - Business integrity; Risk management - non-financial risk

Know Your Customer procedure is part of the investment process and applies to all investments

GRI 205-2 Communication and training about anti-corruption policies and procedures

Performance against our strategy - Business integrity; Risk management - non-financial risk

Information is included on training of employees by category (investment and all other staff). Communication with customers is part of the KYC procedures.

GRI 205-3 Confirmed incidents of corruption and actions taken

Performance against our strategy - Organizational efficiency and business integrity

Information is included on the number of reported integrity issues (see below)

Organization-specific indicator

Connectivity table

Score in latest Transparency Benchmark

Nr. of alleged employee-related integrity issues

Nr. of alleged customer-related integrity issues

Nr. of alleged customer-related integrity issues closed

Strong governance and high ESG standards – FMO customers

GRI 3-3 Management of material topics

Our strategy; Our investment process; Performance against our strategy - ESG performance; 2024 Outlook; Materiality assessment and stakeholder engagement; Risk management - business risk

Organization-specific indicator

Connectivity table

ESG target performance

Water resources

GRI 3-3 Management of material topics

Our strategy; Our investment process; Performance against our strategy - ESG performance

GRI 303-1 Interactions with water as a shared resource (topic management disclosure)

Our investment process; Performance against our strategy - ESG performance

GRI 303-2 Management of water discharge-related impacts (topic management disclosure)

Our investment process; Performance against our strategy - ESG performance

Organization-specific indicator

Connectivity table

ESG performance target