As of 1 January 2023, we have updated the Disclosure Policy with the aim to further enhance FMO’s disclosure practices, as well as the quality of project information publicly disclosed. The Policy reflects our commitment to transparency and accountability by making relevant investment information publicly available and replaces the 2017 version.
The disclosure of our proposed investments (“ex-ante disclosure”) is important as stakeholders’ input and/or questions can provide valuable and additional insights for a specific investment. On a wider level, these insights can ultimately also lead to further policy improvements.
One of the key changes of the new Policy is the extension of the disclosure period from 30 to 60 days for investments with an Environmental & Social risk category of A or B+. For these investments, the proposed investment information will also be made available in French, Spanish, Arabic, Chinese, Russian, or Portuguese, depending on the country of the investment.
Furthermore, the status of the investments published on our website is made clearer. Investments can be identified as ‘proposed investment (ex-ante disclosure)’, ‘investment in contracting phase’ (newly added), ‘approved investment (ex-post disclosure)’ and ‘completed investment’ (newly added). Completed investments continue to be visible on the website, until seven years after the end date.
FMO will also start disclosing, on a yearly basis, an overview of active private equity fund sub-investments including name, sector, and location of the sub-project.
The Disclosure Policy is part of FMO’s Sustainability Policy Universe. This universe brings together multiple sets of documents and tools that together form the framework that guides FMO’s efforts in relation to Environmental, Social and Governance (ESG) issues.
The Disclosure Policy and updated FAQ are both available for download here, under "Responsible Investing Statements."
