Finnfund

Curious about Finnfund as a workplace? You can read about our people and corporate culture in our annual report! Besides some key figures, we explain how we think about equality and diversity, remuneration, competence building and training as well as occupational wellbeing, health and safety. Our People & Culture Manager Katja Koski also reveals what the average salary of a female employee at Finnfund looks like compared to a male employee! Read here: https://lnkd.in/dNsssvkm #impactinvesting #finnfund4impact #workingatfinnfund

We are one of the supporters of the 2X Challenge 2024-2027! A multilateral coalition of public and private sector investors pledged to invest US$20 billion in women’s economic empowerment over the next three years. "For us as an impact investor, it is clear that targeting gender equality and seeking to close the gender gap has benefits for both business and society – and, as a result, for our investment" says our Senior Environmental and Social Adviser Lauri Etelämäki. "If people are not equal and do not have similar possibilities in society or at the workplace, human resources are not used efficiently." Read more about gender lens investing at Finnfund: https://lnkd.in/dNZjCSZm #impactinvesting #finnfund4impact #genderlensinvesting

Finnfundilla on tällä hetkellä neljä suoraa investointia Vietnamissa ja uusia sijoitusmahdollisuuksia etsitään aktiivisesti. Ekonomistimme Nea Tiililä näkee Vietnamin markkinassa useita vetovoimatekijöitä sijoittajalle: Maan etuna on dynaaminen työmarkkina, jota tukee talouskasvun lisäksi nuori ja kasvava väestö. Palkat ovat kilpailukykyisiä, mikä pitää tuotannon kustannukset maltillisina. Lisäksi Vietnam on avoin markkinatalous, jolla on useita kauppasopimuksia. "Vaikka Vietnam on yksipuoluevaltio, sen poliittinen ympäristö ja hallinto on vakaa, mikä tukee liiketoimintaympäristön ennustettavuutta", Tiililä toteaa. 📖 Lue lisää: https://lnkd.in/dNb5eVHF 📖 Finnfund Insights -raportti (englanniksi): https://lnkd.in/dnpBkktf #vaikuttavuussijoittaminen #vietnam #finnfund4impact 

Our investee company Igloo has an ambitious vision of enabling ‘Insurance for All’. In Southeast Asia, insurance penetration is 1 to 2 % which means that most of the people are not protected by any insurance policies. "Insurance is a very important component of reaching the UN Sustainable Development goals" says our Senior Investment Manager Ulla-Maija Rantapuska on the video. Watch it to see how Igloo facilitates digital insurance products and solutions that address each step of the insurance value chain across Southeast Asia! #impactinvesting #finnfund4impact #inclusiveinsurance

Meet our summer trainees! Oskar Kojonen, Eetu Turunen, Marina Caregnato Garcia and Iris Raunu describe the Finnfund work community as ‘relaxed’ and ‘ambitious’ and highlight the importance of taking initiative and the ability to solve problems in order to enjoy the traineeship. We are so happy to have all of them with us this summer! #impactinvesting #trainee #finnfund4impact

Solar panel production with Finnish know-how in Thailand! ☀ Salo Tech Thailand Limited is a joint venture between Solar Finland, Finnfund, and PEA Encom of Thailand. The recently opened facility produces sustainable, high-quality solar panels and targets Thailand and its neighbouring markets. "We hope that Salo Tech becomes a reference project which can model the way how we can do solar panel projects in many other countries" says Finnfund's CEO Jaakko Kangasniemi. Watch the video and read more here: https://lnkd.in/dcw8Bs8U #impactinvesting #finnfund4impact #solarpower

South Sudan has one of the lowest rates of mobile access and connectivity in the world. Finnfund provides a 5 million US dollar mezzanine loan to Communication and Renewable Energy Infrastructure (CREI) in order to facilitate installing, operating and maintaining 413 telecom site hybrid power solutions in South Sudan. The project is expected to benefit over 2 million people by enhancing the reliability of the connection in a country that has the world’s poorest mobile connection. “I can’t think of a better project to kick off the Africa Connected program and Finnfund’s path as an implementing partner of the EFSD Guarantees”, says Valtter Louhivuori, Head of Finnfund’s Nairobi office. The Africa Connected program seeks to accelerate investments in impactful digital infrastructure and solutions companies in Africa. “Improved mobile connections contribute to economic growth and improve living standards and inclusivity through increased access to financial, education and healthcare services”, Louhivuori adds. Read more here: https://lnkd.in/dsBy2TnT

This week has been busy for our Energy & Infrastructure team at the Africa Energy Forum in Barcelona! Jussi Tourunen, Head of Finnfund's Energy and Infrastructure portfolio, participated in a roundtable discussing how to balance Africa’s needs with global goals. "Luckily, renewable energy is often the most cost-efficient way to produce electricity" he says, referring to the fact that there is still a lot to do before energy access is ensured for all. Helena Teppana was one of the panelists discussing the growth of e-mobility and its impact on the power sector. "So far, all our investments in e-mobility have been in Asia, but there is a lot going on in Africa right now and I see that many projects will be reaching our investment criteria in 1-2 years" she says. Read more about how we invest in energy: https://lnkd.in/dgMqHacQ #impactinvesting #finnfund4impact #energyinvestments 

Today we were honoured to host His Majesty King Letsie III of the Kingdom of Lesotho and the Honourable Ministers Dr. Retselisitsoe Matlanyane, Mohlomi Moleko and Prof. Nqosa Leuta Mahao as well as the delegation of His Majesty’s office and the Ministry for Foreign Affairs of Finland at our office in Helsinki.   The topics included the role of renewable energy in sustainable and prosperous development, climate mitigation and just transition, as well as the currents investment environment in Lesotho, and the country’s ambitious plans to tap into its solar, wind, and hydro energy potential.   “Renewable energy is one of Finnfund’s key sectors and we are always looking for new investment opportunities. It was very interesting to learn more about Lesotho’s economic development plans particularly in terms of fostering the renewable energy sector in the country,” says Hanna Loikkanen, CIO at Finnfund.   Thank you for the visit and the fruitful conversations! #Lesotho #impactinvesting #developmentfinance #renewablenergy #climateaction

"Mastering the craft of development impact is and must be a team play," says our CEO and Managing Director Jaakko Kangasniemi in the latest #FinnfundUpdate, emphasising the importance of fruitful collaboration and partnerships. Our quarterly newsletter covers the latest financial figures and highlights, aiming also to provide inspiration for anyone interested in #developmentfinance, #impactinvesting - or more precisely - our work at #Finnfund 😊 💡 Read more & subscribe 👉 https://lnkd.in/gJqjhGkT #investing #emergingmarkets #kehitysrahoitus #vaikuttavuussijoittaminen #kehittyvätmarkkinat #sijoittaminen