Impact Footprint
Impact Footprint 2024
Empowering people, protecting the planet
Impact measurement has become increasingly important in recent years as investors and companies seek to understand and communicate the social and environmental impacts of their investments and operations. By measuring impact, investors and companies can identify areas for improvement, track progress over time, and demonstrate their commitment to sustainability and impact.
At BlueOrchard, we have been at the forefront of impact management for over two decades, and we are constantly incorporating lessons learned into our impact management framework, B.ImpactTM. As part of our commitment to transparency, responsible practices, and comprehensive disclosure, in 2019 BlueOrchard was among the founding signatories to the Impact Principles. A key cornerstone of the Impact Principles is principle 9, which requires a regular external independent verification of the impact practice of the signatories. BlueOrchard engaged BlueMark, an independent provider of impact verification services in the impact investing market, for the third time to undertake an independent verification of the alignment of BlueOrchard’s impact management and measurement system with the Impact Principles. In February 2024, BlueOrchard finalised its latest independent verification and achieved the highest rating across all categories, securing a position on BlueMark’s 2024 Practice Leaderboard. The results of this verification reflect the integrity and quality of BlueOrchard’s impact management framework, its rigorous implementation, and its tested monitoring and reporting.
At BlueOrchard, we are pleased to have increased our outreach even further during these times, and we remain committed to delivering true impact to our clients. We thank you for your continued support and trust in BlueOrchard.
Our impact themes

Inclusion
Including
the Excluded
Across the world and, particularly, in emerging and frontier markets, individuals excluded from financial services are among the poorest of the population. BlueOrchard’s support for a sound, sustainable, and inclusive financial sector is thus crucial to reach the underserved, thanks to investments that support job creation, female empowerment, and reduction of inequalities.
Figures as of June 2024; Source: BlueOrchard
Total number of borrowers served by FIs Attribution to BlueOrchard*: 2,237,612
Percentage of borrowers served
by FIs that are female
Percentage of borrowers served
by FIs that live in rural areas

Total number of borrowers who received a loan for business purposes <250,000 USD
multiplied by average number of employees for micro-, small-, and medium-sized
companies relative to loan size (IFC definition). Attribution to BlueOrchard: 8,050,311

Median loan size across all borrowers
Percentage of outstanding loans that were provided to FIs in local currency

Education
Education is key for a self-determined life and a prosperous and inclusive society. By financing loans to students, learners, and education providers in Africa, BlueOrchard fosters affordable and quality education.
Borrowers who received a loan for education purposes from FIs financed by REFFA
Figures as of June 2024;
Source: BlueOrchard

Climate
Climate Action
Developing countries are the most vulnerable to the consequences of climate change and have the fewest resources to cope with them. With its investments in climate change adaptation and mitigation, BlueOrchard aims at strengthening the resilience of vulnerable households and MSMEs to extreme weather events, as well as financing a sustainable and low-carbon future.
Figures as of June 2024; Source: BlueOrchard

compared to baseline. Multiplied by average household
size or business size in each country
AUM of bonds portfolio as of 30 June 2024 with
a primary focus on environmental impact themes.
*Assets under management
Number of issuers in bonds portfolio with a
primary focus on environmental impact themes

Our global reach
Since our inception, we have invested in over 77 countries in Africa, Latin America, Central and Eastern Europe, and Asia through our private debt portfolio.*
Through our bonds portfolio, we have invested in over 55 countries (as of June 2024).
We invest in institutions that share our values and that consider positive social and environmental impact essential to their mission.
disbursed since inception
Amount disbursed with private assets funds since inception in USD
AUM of bonds portfolio
AUM of bonds portfolio as of 30 June 2024
Impact of BlueOrchard’s funds
We are a leading global impact investment manager, connecting millions of entrepreneurs in emerging and frontier markets with investors. Our aim is to make impact investment solutions accessible to all, advancing the conscious use of capital. BlueOrchard-managed funds generate a positive impact on society and/or the planet, consistently measured across all our offering.
Leveraging and building a flourishing network
Being a global company with a local presence, BlueOrchard has for more than 20 years established and maintained a strong network of institutions which is fundamental to deliver on the company’s multiple impact goals.
Private assets portfolio figures since inception; Public assets portfolio figures as of June 2024; Source: BlueOrchard
Number of institutions financed with private assets funds since inception
Number of companies financed with public assets funds as of 30 June 2024
Number of technical assistance projects implemented since inception across all funds
Partners and Network
*Logos are the property of their respective entities.
BlueOrchard contributes to
16 out of the 17 SDGs
ecological and societal challenges and contribute to achieving the UN SDGs.

















Access to financial services (including microfinance) is considered an enabler to end poverty. We include the number of poor and vulnerable that have been given access to microfinance and related financial product and services in less developed countries.
Access to financial services to small-scale food producers is considered an enabler to achieve food security and promote sustainable agriculture. We include the number of small-scale farmers that have been given access to financial services in less developed and frontier markets.
Access to financial and related products and services tailored to affordable healthcare is instrumental to improve universal health coverage. We contribute to SDG 3 by funding institutions with an earmarked healthcare portfolio addressing the needs of the poor and vulnerable in emerging and frontier markets.
We invest in institutions that offer education financial services to low income households in less developed and frontier markets. We measure contribution by i) the number of beneficiaries that receive MSME loans for primary, secondary and tertiary education, ii) the number of loans to affordable private education providers in Africa, and iii) the number of Technical Assistance projects funded.
Financial inclusion provides women with greater economic empowerment. We measure the number of women that receive MSME financial services and the number of investees that offer tailored MSME financial services to women.
Providing access to clean water and sanitation services is a basic human right and is key for people’s health in emerging and frontier markets. We contribute to SDG 6 by targeting organisations that improve access to drinking water or install waste water treatment plants.
Access to energy, while taking care of the environment, is crucial for sustainable development. We target organisations that advance solar or wind energy with a focus on emerging markets.
Access to financial services (including microfinance) is considered an enabler to promote growth of MSMEs and job creation. We measure the number of MSMEs that have access to loans and estimate the number of indirect jobs supported by MSMEs.
We invest in the establishment and improvement of data infrastructure, such as new or improved communication connections, which are important to create an enabling environment for economic and social development.
A well-balanced society is essential for sustainable development. We operate in frontier and emerging markets with a focus on ODA countries. Our investees focus to support inclusive businesses and entrepreneurship as part of their business models in LDC**, low, and middle income countries.
*Official development assistance; **Least developed countries
Cities are centre of human life and economic development. We target investees that focus on loans for affordable housing projects. We measure the number of affordable housing loans beneficiaries.
Meeting the world’s increasing demand for food and consumption goods while respecting the environment during the production process is a challenge yet to be solved. We contribute to SDG 12 by investing in waste management and recycling and basic infrastructure.
We target investees that contribute to the adaptation to climate change by improving access to and the use of insurance in developing countries. The aim is to reduce the vulnerability of micro, small and medium enterprises (MSME) as well as low-income households to extreme weather events. We measure the poor and vulnerable beneficiaries that have received climate insurance.
77'435'553 climate insurance beneficiaries (Total number of new climate insurance policy holders compared to baseline. Multiplied by average household size or business size in each country)BlueOrchard is deeply committed to contributing to the achievement of the SDGs. With our investments, we address 16 out of the 17 SDGs. Read here how we make a positive contribution to each of these goals.
BlueOrchard is deeply committed to contributing to the achievement of the SDGs. With our investments, we address 16 out of the 17 SDGs. Read here how we make a positive contribution to each of these goals.
BlueOrchard is deeply committed to contributing to the achievement of the SDGs. With our investments, we address 16 out of the 17 SDGs. Read here how we make a positive contribution to each of these goals.
Mobilisation of private investments in developing and frontier markets is key to achieve sustainable objectives. Over time, we have specialized in blended finance structures, leveraging the capital invested to the benefit of emerging and frontier markets. We measure the volume of private investments directed to emerging economies.
USD 3.8 billion private capital mobilised (Amount of private capital in BlueOrchard's funds as of 30 June 2024)BlueOrchard’s
end clients surveys
*These survey results are intended for general informational purposes only and are based on data from 2020/2021. We will update the figures as soon as more current information becomes available.
Our Impact Memberships




BlueOrchard –
We measure what we treasure
Figures as of December 2023; Source: BlueOrchard
of staff
of age
in regional offices
Multicultural
Staff speaking 36 languages, from 34 different nationalities
Experienced
13 years of experience on average among investment professionals
Rewarding
Bonus linked to the company’s investment, social & environmental performance

Donations
BlueOrchard staff raised money for charitable donations, such as:
- Spark-A-Change Foundation’s Digital Literacy Program in Bombay, India
- Papua Child Aid Foundation for the creation of the Coral Reef Garden in Raja Ampat, Indonesia
- The orphanage home “Chemi Sakhli” in Tbilisi, Georgia by providing digital learning tools

Climate label
BlueOrchard was awarded with the climate neutral company 2020 label by ClimateCare in 2021.
BlueOrchard is part of Schroders carbon offset program that has been developed with ClimateCare. The program will primarily support the protection and generation of natural carbon sinks in Brazil (Agrocortex), Kenya (TIST* reforestation) and Sierra Leone (Gola rainforest protection).
*International Small Group Tree Planting Program
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