Skip links
Main content

Reporting policy and justification of choices

Since 2006, we have integrated sustainability reporting into our annual report. We acknowledge that our environmental and social impact is most affected by our investments and thus by our clients, rather than by our own work at our office in the Netherlands, where labor, environmental and social standards are already high. As such, we are working towards more fully quantifying the elements of our business that have an impact on sustainability. FMO publishes its integrated financial and sustainability report annually by April. It is then submitted for adoption to the Annual Meeting of Shareholders, which takes place in May.

Global Reporting Initiative

FMO follows the Global Reporting Initiative (GRI) 3.1 Sustainability Reporting Guidelines, including the Financial Services Sector Supplement, which sets the basis for our reporting method.

A self-assessment of our annual report according to the GRI 3.1 standards put us at Level B+. At present, GRI is preparing a new methodology called the G4. At the same time, FMO has begun to work towards a higher standard of integrated reporting. Given these developments, we have chosen not to pursue a GRI A+ level in the 2012 Annual Report. We will instead focus on maintaining our GRI B+, while following closely the developments of the IIRC draft framework.

For ease of reference, we have indexed the content of this report in a GRI matrix. We use the 'comply or explain' principle.

Assurance

FMO reports according to the requirements of section 2:391 of the Dutch civil code.

FMO asked KPMG Sustainability to provide limited assurance on the Report of the Management Board section of this integrated annual report. The assurance is conducted using the ISAE 3000 standard.

Selection of Topics

FMO's annual reports cover activities that took place in or had an effect on the reporting year. Topic selection is guided by the RJ400 Dutch legal guidelines for reporting and takes into consideration the suggestions of our stakeholders.

Quality of Data

The data presented in this annual report are taken from FMO’s internal systems, which are integrated and used for registering and monitoring organizational processes. Different systems are in place for registering our portfolio or for registering and monitoring our internal human resources.

The year-on-year comparability of the data can be affected by changes in systems or methodology. Whenever this is the case, it is stated in the report.

Manner of Reporting

This report was written and structured for the purposes of online publication. As a result, certain texts and tables may be repeated in several places. The intention is to provide as much information as we can for as diverse a group of stakeholders and readers as possible.

Use of Case Studies

Throughout this report, you can find a total of 15 case studies that clarify and contextualize our activities in 2012. The cases selected are not necessarily representative of the entire portfolio or of new contracts throughout the reporting year. They do, however, exemplify projects located within FMO’s strategic sectors and regions. All but one case was contracted, paid out or exited during 2012. The remaining one was evaluated during the reporting year. References to transactions closed in 2012 can be found primarily in the sector chapters.