Our results

Achieving the mission of a world without poverty requires more jobs with decent working conditions in the private sector, and improved access to essential products and services - such as electricity, food, healthcare and digital solutions.

Swedfund invests in energy and climate, improving access to capital, with a particular focus on gender equality, food systems and digitalisation. We continuously monitor our portfolio companies' impact on society, sustainability and financial viability and we contractually bind the progress we want to achieve and consider possible.

Swedfund measures and reports its performance in an integrated annual report, which means that sustainability and impact results are audited to the same level of assurance as financial KPIs.

Read more about our results in Swedfund's Integrated Annual and Sustainability Report.

Job creation

Development finance institutions invest in small and medium-sized enterprises, enabling them to grow and develop. To create positive development effects, the job opportunities that are created need to be productive, offer decent working conditions and be covered by social safety nets.

Jobs supported421,000
Approximate number of people working in our portfolio
companies 2023.

According to the Joint Impact Model (JIM), Swedfund's portfolio companies contributed to approximately 2.5 million indirect jobs through economic activity, increased access to finance or access to energy in 2023.
Job growth48%
Proportion of Swedfund's portfolio companies that increased the number of employees 2023.
ILO's core conventions97%
Proportion of portfolio companies in active ownership phase reporting compliance with ILO core conventions 2023.

Climate

Swedfund invests in renewable energy production, climate adaptation and mitigation, and green infrastructure. Access to renewable and sustainable energy is a crucial factor for economic growth and poverty reduction. Swedfund only invests in renewable energy sources.

Energy production13 TWh
Energy production by Swedfund's portfolio companies 2023.
Households and enterprises~600,000
Number of households and enterprises that gained access to electricity via off- and mini-grids through Swedfund's portfolio companies 2023.
Emissions avoided79,000 tonnes CO₂e
Greenhouse gas emissions avoided through Swedfund's portfolio companies weighted by ownership 2023.

Access to capital

As a development finance institution, we invest in equity or provide loans, directly or indirectly, which enable companies to develop their business and contribute to a sustainable development of the private sector.

Microfinance loans~14,600,000
Number of microfinance loans to micro enterprises and entrepreneurs through Swedfund's portfolio companies 2023.
No. of loans to MSMEs~720,000
Number of loans to micro, small and medium-sized enterprises 2023.

Women's economic empowerment

Gender equality and women's economic empowerment are key issues for Swedfund and are taken into account systematically in the investment process, regardless of sector, region or investment instrument.

2X Challenge66%
66 percent of Swedfund’s portfolio companies met at least one of the 2X criteria for equality and women's economic empowerment in 2023.
Proportion of female employees35%
35% proportion of female employees in Swedfund's portfolio companies in 2023.
Proportion of women in senior positions31%
31% proportion of women in senior positions in Swedfund’s portfolio companies in 2023.

Financial viability

Our portfolio companies must grow and achieve profitability if the development effects we help to create are to remain in place in the longer term. Capital mobilisation means that Development Finance Institutions act catalytically through our invested capital enabling co-investment with private capital.