Our contribution to the


Sustainable Development Goals

Leaving no one behind

The Sustainable Development Goals of the United Nations

“Leaving no one behind” is the motto under which the Sustainable Development Goals of the United Nations were adopted in September 2015. The Sustainable Development Goals, or SDGs for short, build on the Millennium Development Goals from the year 2000, which they are intended to expand and complete at the same time.

The 17 SDGs, with a total of 169 subgoals, understand the term sustainability comprehensively in its three dimensions: economic, social and ecological. If the SDGs are to be achieved by 2030 as targeted, major efforts will still be needed. Even before the spread of the Corona virus in 2020, the global community was in danger of missing the targets, which is why the United Nations has declared the remaining time a “Decade of Action.” The pandemic and its economic impact further exacerbated the situation.

Redirecting private capital (estimated to be $463.6 trillion globally at the end of 2021) into sustainable economic sectors and activities that contribute to the Sustainable Development Goals is now more important than ever!

By investing through the financial inclusion funds we manage (microfinance and SME finance), we are contributing to the achievement of at least five of the 17 SDGs – namely SDG 1 “No Poverty,” SDG 5 “Gender Equality,” SDG 8 “Decent Work and Economic Growth,” SDG 9 “Industry, Innovation and Infrastructure,” and SDG 10 ” Reduced Inequalities.”


No poverty

End poverty in all its forms, everywhere.


Zero hunger

End hunger, achieve food security and improved nutrition, and promote sustainable agriculture.


Good health and well-being

Ensuring a healthy life for all people of all ages and promoting their well-being.


Quality education

Ensure inclusive, equitable and quality education and promote lifelong learning opportunities for all.


Gender equality

Achieve gender equality and self-determination for all women and girls.


Clean water and sanitation

Ensure availability and sustainable management of water and sanitation for all.


Affordable and clean energy

Ensure access to affordable, reliable, sustainable and modern energy for all.


Decent work and economic growth

Promote lasting, inclusive and sustainable economic growth, productive full employment and decent work for all.


Industry, innocation and infrastructure

Build a resilient infrastructure, promote inclusive and sustainable industrialization and support innovation.

SDG 10

Reduced inequalities

Reduce inequality within and between countries.

SDG 11

Sustainable cities and communities

Make cities and human settlements inclusive, safe, resilient and sustainable.

SDG 12

Responsible consumption and production

Ensure sustainable consumption and production patterns.

SDG 13

Climate action

Take urgent action to combat climate change and its impacts.

SDG 14

Life below water

Conserve and sustainably use oceans, seas and marine resources for sustainable development.

SDG 15

Life on land

Protect, restore and promote sustainable use of terrestrial ecosystems, sustainably manage forests, combat desertification, halt and reverse land degradation and halt biodiversity loss.

SDG 16

Peace, justice and strong institutions

Promote peaceful and inclusive societies for sustainable development, provide access to justice for all and build effective, accountable and inclusive institutions at all levels.

SDG 17

Partnerships for the goals

Strengthen the means of implementation and revitalize the global partnership for sustainable development.


End poverty in all its forms everywhere

Despite all the progress made in poverty reduction, 8.2 percent of the world’s population still lived below the international poverty line of 1.90 US dollars a day in 2019. As a result of the COVID-19 pandemic, the World Bank estimates that an additional 70 to 100 million people will slip into this extreme poverty. It is the poorest and most vulnerable who suffer the most from the economic consequences of the crisis – through loss of work, illness, overstretched health systems and the absence of social safety nets. Microloans and other financial services are particularly important in this situation. For example, they promote income generation activities or support low-income people to survive financial bottlenecks. More than half of the loan portfolio of the investment funds we manage was used in the services and commercial sectors last year, 22 percent benefited agriculture.


See Impact Report 2022 (page 35)


Achieve gender equality and empower all women and girls

In many countries, women are legally, socially and economically disadvantaged compared to men. This has a negative impact on their self-determination in many areas of life, such as family planning or the pursuit of income-generating activities. The granting of small loans to women in developing and emerging countries contributes to improving the economic situation and status of these women, thereby enabling them to achieve greater self-determination in other areas as well. More than 80 per cent of the loans granted in 2022 benefited women.

See Impact Report 2022 (page 35)


Promote inclusive and sustainable economic growth, employment and decent work for all

Just to keep pace with population growth, the International Finance Corporation, a private sector-oriented subsidiary of the World Bank, estimates that some 3.3 million additional jobs will need to be created each month in developing and emerging economies by 2030.1 This figure is likely to be even higher, as it is based on assumptions made before the COVID-19 crisis. Small businesses play a special role here, creating nine out of ten jobs worldwide. However, it is in the area of micro-, small and medium-sized enterprises – which UN Secretary-General António Guterres recently described as the “economic lifeblood of communities worldwide”2 – that a financing gap of US$ 5.2 trillion (US$ 718.8 billion for micro-enterprises and US$ 4.5 trillion for SMEs) exists in developing and emerging economies. Promoting the growth of such enterprises through the provision of loans and other financial services is therefore an indispensable building block for achieving the eighth Sustainable Development Goal.


Build resilient infrastructure, promote sustainable industrialization and foster innovation

This sustainable development goal focuses on the manufacturing sector and small and medium-sized enterprises (SMEs). They often lack access to affordable loans. This deprives them of the capital they need for further development and job creation. The financial institutions of which the funds we manage acquire unsecuritized loan receivables do not lend exclusively to micro-borrowers, but also to a certain extent to enterprises with higher financial needs.

SDG 10

Reduce inequality within and among countries

Before the Corona pandemic, inequality had been trending downwards worldwide. The so-called Gini coefficient had decreased in 38 out of 84 countries worldwide between 2010 and 2017. This coefficient shows how equally or unequally wealth and income are distributed in a region or country. During the pandemic, the most vulnerable groups, such as the elderly, children, women and migrants, were the most affected. To reduce inequality in countries, the funds we manage particularly refinance financial institutions in countries that are economically less strong. In 2022, just under half of the loan portfolio was deployed in countries that are in the lower income segment.

See Impact Report 2022 (page 21)