Global Reporting Initiative-index (G3.1)

 

This index basically work as a table of contents which refers to the annual report over 2011, FMO’s corporate website and in some cases provides direct answers to questions posed by GRI.

Strategy and analyses

Chapter, site and/or answer

1.1

CEO statement

From the Chief Executive Officer

1.2

Key impacts, risks, and opportunities

About FMO

Outlook 2012

Sustainability - Development impact evaluations results

Risk Management

Organisational profile

 

2.1

Name organization

FMO

2.2

Products and services

About FMO - Products and services

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

2.5

Countries located

About FMO - Strategy

Corporate Governance - Role of the Management Board

2.6

Nature of ownership and legal form

About FMO - Who we are

About FMO - Governance structure

2.7

Markets

About FMO - Strategy

About FMO - Stakeholders

2.8

Size of operations

Group Performance

Financial Results

Our People - Employee figures

2.9

Organizational changes

Our People - Organizational structure

2.10

Awards

Projects mentioned in this Annual report:
Kivuwatt: Euromoney Project Finance Awards

Solar Photovoltaic plants: Euromoney Latin American Renewables deal of the Year.

Reporting parameters

 

3.1

Reporting period

2011

3.2

Previous report

April 1, 2011

3.3

Reporting cycle

Annual

3.4

Contact person(s)

About FMO - Contact us

3.5

Process report content

About FMO - Reporting policy and justification of choices made

3.6

Scope

FMO NV

3.7

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

Other Information - GRI table of content

3.13

Policy external assurance

About FMO - Reporting policy and justification of choices made - Assurance (KPMG Auditor's report)

Governance, Commitments, and Engagement

 

4.1

Governance structure

About FMO - Governance structure

Report of the Supervisory Board - Supervisory Board structure and role

4.2

Chair of the highest governance body

About FMO - Governance structure

4.3

Independent members

Report of the Supervisory Board - Supervisory Board structure and role

4.4

Mechanisms for shareholders and employees

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

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

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

Economic performance indicators

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

Locally-based suppliers

NA

EC 7

Local hiring

NA

EC 8

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

 



Disclosure on management approach

Chapter

 

Materiality

Responsibility

Objectives and performance

Policy

Training

Monitoring

Economic

Economic performance, market presence

Management Board

About FMO

Group Performance - Development impact

About FMO

Not required by GRI 3.1

Our People – Career Development and training

Not required by GRI 3.1

Environment

Emissions, energy, transport

Director ICT & Facility Services

Sustainability - ESG Action plans

Sustainability - Reducing FMO's footprint

Sustainability - Reducing FMO's footprint

Sustainability - Embedding ESG

Sustainability - Reducing FMO's footprint

Sustainability - ESG Action plans

Labour rights

Employment, training, diversity, equal remuneration

Director Human Resources

Our People

Our People

Report of the Supervisory Board – Remuneration policy

Our People

Our People

Human rights

Products and services, non-discrimination

Management Board

Sustainability - ESG Action plans

Not included

Sustainability - Embedding ESG

Sustainability – ESG Action plans

Society

Corruption, compliance

Management Board

Audit & Risk Committee

Supervisory Board

Sustainability - ESG Action plans

Risk Management - Compliance and regulatory risks

Sustainability - Embedding ESG

Risk Management - Compliance and regulatory risks

Sustainability - ESG Action plans

Risk Management - Compliance and regulatory risks

Product

responsibility

Products and services, compliance

Management Board

About FMO - Products and services

About FMO - Products and services

Risk Management - Compliance and regulatory risks

Risk Management - Compliance and regulatory risks

Risk Management - Compliance and regulatory risks