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About this report
This integrated annual report covers activities that took place or had an effect on the reporting year. The report covers the period from 1 January to 31 December 2022 and was published on 17 March 2023 on FMO’s website.
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External environment
The year 2022 was shaped by several major events. Although the COVID-19 pandemic became more manageable, Russia invaded Ukraine, inflation soared, access to energy and food was more restricted and economic growth slowed down.
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Stakeholder dialogue
We see stakeholder engagement as a two-way dialogue. We engage with stakeholders to create partnerships, invest together, harmonize our approaches, and seek insights to inform our policies.
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Our value creation model
Our value creation model is based on the International Integrated Reporting Framework.
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Operating context
Since 1970, FMO has made a positive difference by enabling entrepreneurs in developing countries to build a better world.
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