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FMONetherlands
Active
This profile is actively maintained
Last update: 2024-04-18 00:00:00
FMO logo. Photo: FMO
Active
This profile is actively maintained
Last update: 2024-04-18 00:00:00
About
| Website | http://www.fmo.nl |
| Headquarters |
Anna van Saksenlaan 71
2593 HW The Hague
Netherlands
|
| CEO/chair |
Michael Jongeneel CEO |
| Supervisor | |
| Ownership |
FMO is majority-owned (51%) by the Dutch State, 7% is held by trade unions, employer's federations, companies and individuals. The remaining 42% is held by Dutch banks: ABN Amro, ING and Rabobank. |
FMO is the Dutch development bank supporting companies, projects and financial institutions from developing and emerging markets. It specialises in sectors where its contribution can have the highest long-term impact - financial institutions; energy and agribusiness, food & water situated in high risk developing countries. In addition, FMO manages a number of specific development funds on behalf of the Dutch government.
Sustainability
Commitments
Policies
Voluntary standards
FMO's most important sustainability commitments can be found at the website sections listed below.
FMO has committed itself to the following voluntary standards:
Dodgy Deals
FMO is linked to a number of companies and projects that BankTrack considers controversial (so called Dodgy Deals), e.g. as a current or past financier or through an expression of interest. The profiles below provide more details on the nature of FMO's link to these deals.
Projects / Companies
Finance type
Year
News
BankTrack
Partners
Blog
External
Resources
Documents
Links
Accountability
Grievances
FMO has implemented an Independent Complaints Mechanism which allows external parties to file a complaint concerning projects financed by FMO. Stakeholders may also raise complaints via the OECD National Contact Points (see OECD Watch guidance).
FMO is an Equator Principles signatory. While the Equator Principles have no official grievance mechanism, complaints relating to this bank's financing of Equator Principles projects can be filed through our own website www.equator-complaints.org.
This page evaluates FMO's responses to instances of alleged human rights violations linked to its finance, raised by civil society organisations. It is not intended to be exhaustive, but covers selected impacts raised by BankTrack and other civil society partners since 2016. For the full scoring methodology, see here. For more information about BankTrack's evaluation of bank responses to human rights impacts, see the 2021 report "Actions speak louder: assessing bank responses to human rights violations".
Impacts reviewed
Responded?
Total score
Response
Action
Monitoring
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