During 2017 we reviewed our operating environment and updated our corporate strategy towards 2025. Our updated strategy was aligned with the Sustainable Development Goals (SDGs), building on increased focus and impact in our activities. We have set ourselves the goal to be ‘Your preferred partner to invest in local prosperity’.
Across FMO’s investments we contribute to Decent Work and Economic Growth (SDG 8). In the period up to 2025 we will raise the proportion of our portfolio focused on Reduced Inequalities (SDG 10) and Climate Action (SDG 13). To contribute to SDG 10, we are increasing inclusive (including gender-focused) investments and investments in least developed countries (LDCs). We can contribute to SDG 13 by increasing climate mitigation and adaptation investments and identifying ways to align our strategy with international climate ambitions (1.5 - 2.0-degrees pathway). In view of this, we will continue our journey to double our impact and halve our footprint by 2020.
Investing in local prosperity also means that we support our clients with the aim of having positive impact on local stakeholders, their communities, and ultimately society at large. During project screening, we therefore ensure that our clients engage with local stakeholders to understand their perspectives, address their concerns, and ensure that they benefit from positive spin-offs from the project concerned and are properly compensated for any negative repercussions that the project may have on them.