BIO invests directly and indirectly in SMEs in developing countries and makes a structural contribution to the socio-economic growth of those host countries.
Development and Sustainability Report 2021
Development and sustainability are BIO's main mission and principal mandate.
This report illustrates, to its shareholder and the Belgian people, to everybody concerned with international solidarity, where and how BIO invests its tax money and seeks to improve people’s lives. This report gives civil society an opportunity to look at the issues of impact and effect more closely, at BIO’s commitment to promoting best practices in order to pave the way for a better future, and its contribution to the 2030 Sustainable Development Goals.
We aim to have a positive impact on the local communities where it invests, including through decent and safe working conditions, respect of human rights and environmental sustainability. While investments may bring such positive outcomes, they may also have adverse environmental or social effects if not properly managed.Learn more
The Theory of Change (ToC) has a purpose to provide a comprehensive description of BIO’s contribution to the 2030 agenda. BIO’s ToC has been completely revised to integrate the SDGs and sets out the logic of BIO interventions, by outlining linkages between inputs, outputs, outcomes and finally (expected) development impacts, i.e. inclusive and sustainable economic growth, in line with SDG1.Learn more
Every year, BIO commissions an external evaluation of at least five of its on-going or completed investment projects to gain insight into these investments' development effects and effectiveness, and implement the conclusions into our work. You can find the summaries and the management responses to the reports here.Learn more