Standards and reporting guidelines

This report complies with the financial reporting requirements included in Title 9 of Book 2 of the Dutch Civil Code, where applicable. The report by the Management Board complies with section 2:391 of the Dutch civil code. We have used the Integrated Reporting framework to describe how we create value for our stakeholders. We have prepared the information disclosed in this report using the GRI Standards 2021 and have chosen to report using the in accordance option. 

The Management Board Report consists of chapters 'At a glance', 'Letter of the Management Board', 'Report of the Supervisory Board', 'Corporate Governance', 'Stakeholder engagement and materiality assessment', and 'How we report'. Please refer to the separate GRI content index on our website for a detailed overview of all GRI disclosures.  

The European Parliament has adopted an EU directive that requires eligible organizations and all banks to disclose non-financial and diversity information. We have incorporated this directive into this report. Please refer to the NFRD-index table on the website to find the relevant information.  

Since 2019, we report on our approach to climate following the recommendations provided by the Task Force on Climate-Related Financial Disclosures (TCFD). Please refer to the separate TCFD report available on our website for more information.  

In 2020, FMO became a signatory to the UN Principles for Responsible Banking (PRB) – a single framework for a sustainable banking industry developed through an innovative partnership between banks worldwide and United Nations Environment’s Finance Initiative. The PRB set out the banking industry’s role and responsibility in shaping a sustainable future and in aligning the banking sector with the objectives of the UN Sustainable Development Goals and the 2015 Paris Climate Agreement. Signatory banks are required to report no later than 18 months after becoming a signatory to the Principles, and annually thereafter. Please refer to FMO’s second annual PRB report and self-assessment which was published in March 2023 and is available on our website