Annual and interim reports

Higher impact

We create higher impact by investing in regions where our impact can be greatest and in sectors that are crucial to economic, environmental and social progress. We measure our success in line with our core SDGs.

Deeper relationships

FMO attaches strategic importance to deepening relationships with our stakeholders, because by pooling resources and partnering with others we can significantly increase our impact.

Higher productivity

During the COVID-19 global pandemic, FMO has demonstrated it is resilient and can continue to carry out its mission while operating in a robust, effective and efficient way.

Financial performance

H1 2020 compared to H1 2019 financial results

Performance on our strategy

This chapter outlines our 2020 performance with respect to FMO’s three strategic pillars: a higher impact portfolio in our chosen industries, deeper relationships and higher productivity.

Read more ›Performance on our strategy

At a glance

Since 1970 we have been a driving force behind investments empowering local entrepreneurs in emerging markets. We believe in a world in which, in 2050, more than 9 billion people live well and within the means of the planet’s resources.

Letter from the Management Board

The first half of 2020, the year we celebrate our 50th anniversary, has been dynamic for FMO due to the COVID-19 pandemic that has spread around the world.

Read more ›Letter from the Management Board

The world around us

Our markets have faced record-breaking capital outflows and an unprecedented recession as a result of COVID-19, which has reversed the progress made in the past two decades towards reducing poverty and inequality.

Our strategy

We believe in a world in which, in 2050, more than 9 billion people live well and within the means of the planet’s resources. To achieve this, we need to overcome the global challenges highlighted by the 17 UN Sustainable Development Goals.

Higher impact portfolio

We aim to create a higher impact portfolio by focusing investments on three SDGs across all our sectors: Decent Work and Economic Growth (SDG 8), Reduced Inequalities (SDG 10), and Climate Action (SDG 13).