Governance

Sound corporate governance is a crucial component at FMO for two reasons. As a public-private development bank, our own governance, structure and reporting lines must be both sound and transparent. This is why we comply, where applicable, with the Dutch Corporate Governance Code (the Code) for publicly listed companies. The second reason relates to our mission to stimulate sustainable growth for all stakeholders in order to maximize development impact. FMO often plays a pivotal role in embedding sound corporate governance in our partners’ and clients’ own organizations.

Environmental, social and governance (ESG) concerns are now more important than ever. ESG is becoming more mainstream across all businesses, including financial institutions. Performance in ESG is increasingly recognized as a good non-financial indicator of overall (including financial) performance. In general, companies that perform well in ESG are also financially sound.

FMO does not only follow standards and criteria, we also help to develop them. Therefore we work together with others like IFC and UNEP. 

These standards and criteria we follow and develop may apply to our own ways of doing business, but may also have effect and benefit clients and partners. We aim to create workable solutions, streamlining for example the requirements of various organizations.

Besides these standards we adhere to we support general goals such as the millennium development goals, although very general we can actively support.