Strategy and analyses
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Chapter, site and/or answer
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1.1
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CEO statement
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From the Chief Executive Officer
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1.2
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Key impacts, risks, and opportunities
|
About FMO
Outlook 2012
Sustainability - Development impact evaluations results
Risk Management
|
Organisational profile
|
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2.1
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Name organization
|
FMO
|
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2.2
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Products and services
|
About FMO - Products and services
|
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2.3
|
Operational structure
|
About FMO - Who we are
About FMO - Governance structure
Our People - Organizational structure
Report of the Supervisory Board - Supervisory Board Structure and role
Corporate Governance
|
|
2.4
|
Location headquarters
|
The Hague
|
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2.5
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Countries located
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About FMO - Strategy
Corporate Governance - Role of the Management Board
|
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2.6
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Nature of ownership and legal form
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About FMO - Who we are
About FMO - Governance structure
|
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2.7
|
Markets
|
About FMO - Strategy
About FMO - Stakeholders
|
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2.8
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Size of operations
|
Group Performance
Financial Results
Our People - Employee figures
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2.9
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Organizational changes
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Our People - Organizational structure
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2.10
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Awards
|
Projects mentioned in this Annual report:
Kivuwatt: Euromoney Project Finance Awards
Solar Photovoltaic plants: Euromoney Latin American Renewables deal of the Year.
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Reporting parameters
|
|
|
3.1
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Reporting period
|
2011
|
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3.2
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Previous report
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April 1, 2011
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3.3
|
Reporting cycle
|
Annual
|
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3.4
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Contact person(s)
|
About FMO - Contact us
|
|
3.5
|
Process report content
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About FMO - Reporting policy and justification of choices made
|
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3.6
|
Scope
|
FMO NV
|
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3.7
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Scope limitations
|
None
|
|
3.8
|
Basis for reporting on joint ventures
|
NA
|
|
3.9
|
Data measurement techniques
|
About FMO - Reporting policy and justification of choices made –Quality of data
Group Performance - Development impact
Group Performance - Quantitative indicators
Risk Management – Financial risks
|
|
3.10
|
Re-statements
|
The sector figures have been recalculated, thus restated to the reporting years’ strategy segmentation.
|
|
3.11
|
Reporting changes
|
The sector figures have been recalculated, thus restated to the reporting years’ strategy segmentation.
|
|
3.12
|
Standard Disclosures
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Other Information - GRI table of content
|
|
3.13
|
Policy external assurance
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About FMO - Reporting policy and justification of choices made - Assurance (KPMG Auditor's report)
|
Governance, Commitments, and Engagement
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|
|
4.1
|
Governance structure
|
About FMO - Governance structure
Report of the Supervisory Board - Supervisory Board structure and role
|
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4.2
|
Chair of the highest governance body
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About FMO - Governance structure
|
|
4.3
|
Independent members
|
Report of the Supervisory Board - Supervisory Board structure and role
|
|
4.4
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Mechanisms for shareholders and employees
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Stakeholder Engagement - Stakeholder engagement in practice
Stakeholder Engagement - Responding to issues
Our People - Works' Council
|
|
4.5
|
Compensation highest governance body
|
Report of the Supervisory Board - Renumeration policy
|
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4.6
|
Processes to ensure conflicts of interest are avoided
|
Report of the Supervisory Board - Independence, conflicts of interest, governance
|
|
4.7
|
Expertise highest governance body
|
Report of the Supervisory Board - Selection, appointment & renumeration committee
|
|
4.8
|
Internally developed statements
|
Sustainability - ESG action plans
Risk Management - Compliance and regulatory risks
Risk Management - In Control Statement
|
|
4.9
|
Procedures of the highest governance body
|
Sustainability - Sustainability management approach
Sustainability - Embedding ESG
Risk Management - Strategic risks
Risk Management - Compliance and regulatory risks
Report of the Supervisory Board - Supervisory Board activities
Report of the Supervisory Board - Audit & risk committee
|
|
4.10
|
Performance highest governance body’s
|
Corporate Governance - Role of the Supervisory Board
|
|
4.11
|
Precautionary approach
|
Risk Management
|
|
4.12
|
Externally developed principles
|
Sustainability - ESG action plans
Sustainability – Improving corporate governance
Corporate Governance - Corporate governance codes
|
|
4.13
|
Memberships in associations
|
Stakeholder Engagement
|
|
4.14
|
List of stakeholder groups
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Stakeholder Engagement - Stakeholder engagement in practice
|
|
4.15
|
Identification and selection of stakeholders
|
Stakeholder Engagement
|
|
4.16
|
Approaches to stakeholder engagement
|
Stakeholder Engagement
|
|
4.17
|
Key topics through stakeholder engagement
|
Stakeholder Engagement
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Economic performance indicators
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|
EC 1
|
Direct economic value
|
About FMO - Key figures
Financial Results
|
|
EC 2
|
Financial implications due to climate change
|
Outlook 2012 – Sustainability
Sector Focus - Energy
|
|
EC 3
|
Coverage benefit plan obligations
|
Not covered
|
|
EC 4
|
Financial assistance received from government
|
About FMO - Who we are
Government Funds
|
|
EC 5 (add.)
|
ratios of standard entry level wage compared to local minimum wage
|
Not covered
|
|
EC 6
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Locally-based suppliers
|
NA
|
|
EC 7
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Local hiring
|
NA
|
|
EC 8
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Infrastructure investments
|
Sector Focus
Government Funds - Infrastructure Development Fund (IDF)
|
|
EC 9 (add.)
|
Understanding and describing significant indirect economic impacts
|
About FMO - Sustainable development impact
Group Performance - Development impact
Sustainability - Development impact evaluations results
|
Environmental performance indicators
|
|
EN 1
|
Weight of materials used
|
About FMO - Reporting policy and justification of choices made
Sustainability - Reducing FMO's footprint
|
|
EN 2
|
Recycled input materials
|
About FMO - Reporting policy and justification of choices made
Sustainability - Reducing FMO's footprint
|
|
EN 3
|
Direct energy consumption
|
Sustainability - Reducing FMO's footprint
|
|
EN 4
|
Indirect energy consumption
|
Sustainability - Reducing FMO's footprint
|
|
EN 5 (add.)
|
Energy saved due to conservation and efficiency improvements
|
Sustainability - Reducing FMO's footprint
|
|
EN 6 (add.)
|
Initiatives to provide energy-efficient or renewable energy based products and services
|
Sector Focus – Energy
Private Equity - Deal flow
Mobilizing Funds - Financial markets
|
|
EN 7 (add.)
|
Initiatives to reduce indirect energy consumption
|
Sustainability - Reducing FMO's footprint
|
|
EN 8
|
Total water use
|
Not included
|
|
EN 9 (add.)
|
Water sources significantly affected
|
Not included
|
|
EN 10 (add.)
|
Percentage and total volume of water recycled and reused
|
Not included
|
|
EN 11
|
Location land in protected areas
|
NA
|
|
EN 12
|
Significant impacts on biodiversity
|
NA
|
|
EN 13 (add.)
|
Habitats protected or restored
|
NA
|
|
EN 14 (add.)
|
Managing impacts on biodiversity
|
Outlook 2012 – Sustainability
Sector Focus - Energy
|
|
EN 15 (add.)
|
Number of IUCN Red List species and national conservation list species
|
NA
|
|
EN 16
|
Direct and indirect green-house gas emissions
|
About FMO - Key figures
|
|
EN 17
|
Other relevant indirect green-house gas emissions
|
NA
|
|
EN 18 (add.)
|
Initiatives to reduce greenhouse gas emissions
|
Sustainability - ESG action plans
Sustainability - Reducing FMO's footprint
|
|
EN 19
|
Emissions of ozone-depleting substances
|
NA
|
|
EN 20
|
NOx, SOx air emissions
|
NA
|
|
EN 21
|
Total water discharge by quality and destination
|
NA
|
|
EN 22
|
Total weight of waste
|
Sustainability - Reducing FMO's footprint
|
|
EN 23
|
Total spills
|
NA
|
|
EN 24 (add.)
|
Weight of waste deemed hazardous under the terms of the Basel Convention
|
NA
|
|
EN 25 (add.)
|
Water bodies and related habitats significantly affected by discharges of water and runoff
|
NA
|
|
EN 26
|
Initiatives to mitigate environmental impacts
|
About FMO - Sustainable development impact
Group Performance - Development impact
Sustainability - Innovations in sustainability
Sustainability - ESG action plans
Sustainability - ESG incentives
Sustainability - Development impact evaluations results
Sector Focus
|
|
EN 27
|
Products reclaimed at the end of the products' life
|
NA
|
|
EN 28
|
Monetary value of significant fines
|
No fines
|
|
EN 29 (add.)
|
Significant environmental impacts of transport
|
Sustainability - Reducing FMO's footprint
|
|
EN 30 (add.)
|
Total environmental protection expenditures and investments by type
|
Sustainability - Reducing FMO's footprint
|
Social Indicators
|
|
Labor practices and decent work
|
|
LA 1
|
Breakdown of total workforce
|
Our People
|
|
LA 2
|
Employee turnover
|
Our People
|
|
LA 3 (add.)
|
Benefits provided to full-time employees
|
Our People - Career development and training
|
|
LA 4
|
Employees covered by collective bargaining
|
Not included
|
|
LA 5
|
Minimum notice period(s) regarding significant operational changes
|
Not included
|
|
LA 6 (add.)
|
Workforce represented in formal joint management-worker H&S committees
|
Our People - Works' Council
|
|
LA 7
|
Rates of injury, occupational diseases, lost days, and absenteeism
|
Our People - Employee figures
Our People - Workplace health
|
|
LA 8
|
Risk-control programs regarding serious diseases
|
Our People - Workplace health
|
|
LA 9 (add.)
|
H&S topics covered in formal agreements with trade unions
|
Not included
|
|
LA 10
|
Training per employee category
|
Our People - Career development and training
|
|
LA 11 (add.)
|
Programs for skills management and lifelong learning
|
Our People - Career development and training
|
|
LA 12 (add.)
|
Performance and career development reviews
|
Our People - Career development and training
|
|
LA 13
|
Gender breakdown of governance bodies
|
Our People - Employee figures
Our People - Diversity
|
|
LA 14
|
Ratio of basic salary and renumeration of men to women
|
Not included
|
|
Human Rights
|
|
HR 1
|
Significant investment agreements that include human rights clauses
|
Sustainability - ESG action plans
|
|
HR 2
|
Screening of suppliers on human rights
|
Sustainability - Reducing FMO's footprint
|
|
HR 3
|
Employee training on policies and procedures concerning aspects of human rights
|
Sustainability - Embedding ESG
Sustainability - Embedding ESG
|
|
HR 4
|
Incidents of discrimination
|
None
|
|
HR 5
|
Operations identified as having risk for incidents of violations of freedom of association and collective bargaining
|
None
|
|
HR 6
|
Operations identified as having risk for child labour
|
None
|
|
HR 7
|
Operations identified as having risk for forced labour
|
Stakeholder Engagement - Responding to issues
|
|
HR 8 (add.)
|
Security personnel trained in policies or procedures concerning aspects of human rights
|
NA
|
|
HR 9 (add.)
|
Incidents of violations involving rights of indigenous people
|
None
|
|
HR 10
|
Operations that have been subject to human rights reviews and/or impact assessments
|
Sustainability - ESG action plans
Risk Management - Strategic risks
|
|
HR 11
|
Grievances related to human rights filed, addressed and resolved through formal grievance mechanisms
|
None
|
|
Society
|
|
SO 1
|
Impact on communities
|
Stakeholder Engagement - Stakeholder engagement in practice
|
|
SO 2
|
Number of business units analyzed for risks related to corruption
|
Risk Management - Compliance and regulatory risks
|
|
SO 3
|
Employees trained in organization’s anti-corruption policies and procedures
|
Risk Management - Compliance and regulatory risks
|
|
SO 4
|
Actions taken in response to incidents of corruption
|
No incidents
|
|
SO 5
|
Public policy positions and participation in public policy development
|
Not included
|
|
SO 6 (add.)
|
Financial and in-kind contributions to political parties, politicians, and related institutions
|
None
|
|
SO 7 (add.)
|
Legal actions for anti-competitive behavior, anti-trust, and monopoly practices
|
None
|
|
SO 8
|
Monetary value of significant fines
|
No fines
|
|
SO 9
|
Operations with significant potential or actual negative impacts on local communities
|
None
|
|
SO 10
|
Prevention and mitigation measures implemented in operations with significant potential or actual negative impacts on local communities
|
Sustainability - ESG action plans
|
|
Product responsibility
|
|
PR 1
|
Improving health and safety impacts across life cycle
|
NA
|
|
PR 2 (add.)
|
Non-compliance with regulations and voluntary codes concerning H&S impacts
|
NA
|
|
PR 3
|
Product information and labelling
|
About FMO - Products and services
|
|
PR 4 (add.)
|
Non-compliance with regulations and voluntary codes concerning product and service information and labelling
|
None
|
|
PR 5 (add.)
|
Customer satisfaction
|
Stakeholder Engagement - Stakeholder engagement in practice
|
|
PR 6
|
Marketing communications
|
NA
|
|
PR 7 (add.)
|
Non-compliance with regulations and voluntary codes concerning marketing communications
|
NA
|
|
PR 8 (add.)
|
Substantiated complaints regarding breaches of customer privacy
|
None
|
|
PR 9
|
Monetary value of significant fines
|
No fines
|
Financial Services Sector Specific Performance Indicators
|
|
FS 1
|
Policies with environmental and social components
|
About FMO - Sustainable development impact
Sustainability - Sustainability management approach
Sustainability - Innovations in sustainability
Sustainability - ESG action plans
Sustainability - ESG incentives
Sustainability - Improving corporate governance
Sustainability - Embedding ESG
Risk Management
|
|
FS 2
|
Assessing and screening environmental and social risks
|
Sustainability - ESG action plans
Sustainability - ESG incentives
Sustainability - Improving corporate governance
Private Equity - ESG developments
Risk Management
|
|
FS 3
|
Monitoring clients’ implementation
|
About FMO - Sustainable development impact
Sustainability - ESG action plans
Sustainability - ESG incentives
Sustainability - Improving corporate governance
Private Equity - ESG developments
Risk Management
|
|
FS 4
|
Processes for improving staff competency to implement the environmental and social policies and procedures
|
Sustainability - Embedding ESG
Private Equity - ESG developments
Risk Management
|
|
FS 5
|
Interactions with clients / investees / business
partners
|
Outlook 2012 - Partners
Sustainability - ESG action plans
Sustainability - ESG incentives
Sustainability - Improving corporate governance
Sector Focus - Financial Institutions
Private Equity - Active partnerships
Stakeholder Engagement - Stakeholder engagement in practice
Government Funds - Capacity Development
Risk Management - Strategic risks
|
|
FS 6
|
Percentage of the portfolio for business lines by specific region, size and by sector
|
Sector Focus
|
|
FS 7
|
Products and services designed to deliver a specific social benefit
|
Sector Focus
Private Equity
Government Funds
|
|
FS 8
|
Products and services designed to deliver a specific environmental benefit
|
Sector Focus
Private Equity
Government Funds
|
|
FS 9
|
Audits to assess implementation of environmental and social policies
|
About FMO - Reporting policy and justification of choices made
Risk Management
|
|
FS 10
|
Percentage and number of companies which have interacted with the company on environmental and social issues
|
Sustainability - ESG action plans
Sustainability - ESG incentives
Sustainability - Improving corporate governance
Sector Focus - Financial Institutions
Private Equity - Active partnerships
Government Funds - Capacity Development
Risk Management - Strategic risks
|
|
FS 11
|
Assets subject to positive and negative environmental or social screening
|
Sustainability - ESG action plans
Sustainability - ESG incentives
Sustainability - Improving corporate governance
Private Equity - ESG developments
Risk Management
|
|
FS 12
|
Voting policies applied to environmental and social issues
|
NA
|
|
FS 13
|
Access points in low populated or economically disadvantaged areas
|
NA
|
|
FS 14
|
Initiatives to improve access to financial services for disadvantaged people
|
Sector Focus - Financial Institutions
|
|
FS 15
|
Policies for the fair design and sale of financial products and services
|
About FMO - Products and services
Sustainability - ESG Action Plans
|
|
FS 16
|
Initiatives to enhance financial literacy
|
Sector Focus - Financial Institutions
|