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Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden N.V. (FMO)

PRI reporting framework 2020

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Objectives and strategies

SG 05. RI goals and objectives

05.1. Indicate if and how frequently your organisation sets and reviews objectives for its responsible investment activities.

05.2. Additional information. [Optional]

FMO applies the IFC performance standards to all its financing activities. If gaps are found to exist between high risk client practices and the IFC PS, we develop action plans with the client. FMO then proceeds to monitor implementation of these action plans. FMO's target for the year 2019 was to ensure that we have implemented at least 90% of the action items due in the reporting year. In 2019, our clients effectively managed 98% of the risks, exceeding our target.

SG 06. Main goals/objectives this year (Private)