Our results
Introduction
Swedfund contributes to poverty reduction through long-term investments in the private sector that create jobs with decent working conditions, strengthen companies and increase access to essential goods and services, including energy, food, healthcare and digital solutions.
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 supported488,000
Approximate number of people working in our portfolio
companies 2023.
According to the Joint Impact Model (JIM), Swedfund's portfolio companies contributed to approximately 3 million indirect jobs through economic activity, increased access to finance or access to energy in 2023. - Job growth50%
Proportion of Swedfund's portfolio companies that increased the number of employees 2024.
- ILO's core conventions97%
Proportion of portfolio companies in active ownership phase reporting compliance with ILO core conventions 2024.
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 production14 TWh
Energy production by Swedfund's portfolio companies 2024.
- Households and enterprises~550,000
Number of households and enterprises that gained access to electricity via off- and mini-grids through Swedfund's portfolio companies 2024.
- Emissions avoided75,000 tonnes CO₂e
Greenhouse gas emissions avoided through Swedfund's portfolio companies weighted by ownership 2024.
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~17,000,000
Number of microfinance loans to micro enterprises and entrepreneurs through Swedfund's portfolio companies 2024.
- No. of loans to MSMEs~1,400,000
Number of loans to micro, small and medium-sized enterprises 2024.
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 Challenge58%
66 percent of Swedfund’s portfolio companies met at least one of the 2X criteria for equality and women's economic empowerment in 2024.
- Proportion of female employees33%
33% proportion of female employees in Swedfund's portfolio companies in 2024.
- Proportion of women in senior positions30%
30% proportion of women in senior positions in Swedfund’s portfolio companies in 2024.
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.
- Investments increasing turnover and profitability56%
Proportion of Swedfund’s portfolio companies increasing in turnover and profit 2024.
- Mobilised capital28%
Proportion of mobilised capital in relation to the total contracted value 2025.
- Return of Investment (IRR)5.1%
Return on the investment portfolio expressed as IRR 2025.