Sustainability related disclosure
Statement of sustainable investment objective for the Arbaro Fund is in accordance with Article 10 of Regulation (EU) 2019/2088 on sustainability‐related disclosures in the financial services sector (SFDR).
Arbaro Fund - Annual Sustainability Report 2023
We are pleased to provide you with the Arbaro Fund’s Annual Sustainability Report for the year 2023. With the last investment executed in early 2023, the year was characterized by further strengthening the portfolio companies both in terms of their commercial development but also in terms of environmental and social practices and procedures. With additional areas planted of almost 1,500 hectares net, the Fund’s positive impact keeps expanding although no further new investments are executed. In addition to the quantitative impacts of sequestration or job creation there are also qualitative positive impacts as the environmental and social processes of each portfolio company are continuously improved each year.
In this report we draw your attention to gender related issues, which are an integral part of our environmental and social approach. Each of our portfolio companies has or will go through a gender assessment which leads to an action plan to create a pathway to improved equality in workplace and in participation and decision making within the communities our portfolio companies work with.
To explore more, read our Sustainability Report 2023.

Arbaro Fund - Annual Sustainability Report 2022
We are pleased to provide you with the Arbaro Fund’s Annual Sustainability Report for the year 2022. Finally, with the main challenges of Covid-19 behind us, Arbaro was able to fully commit the Fund to a total of seven investments, of which three had been already executed in prior years, three were fully executed during the year, and one was committed, but only executed in early 2023. These seven projects make the final composition of the Arbaro Fund, and now the focus is on developing these projects.
To explore more, read our Sustainability Report 2022.
Arbaro Fund - Annual Sustainability Report 2021
We are pleased to provide you with the Arbaro Fund’s Annual Sustainability Report for the year 2021. After a couple of challenging years due to Covid-19, we have been successful in making investments into three projects, in Ghana, Sierra Leone and Paraguay, and have made significant progress in other pipeline projects in Latin America. This has paved the way to close 2022 with a full deployment of the Arbaro Fund.
For details, read our Sustainability Report 2021.
Arbaro Fund - Annual Sustainability Report 2020
We are pleased to provide you with the Annual Sustainability Report of the Arbaro Fund. While the year was certainly characterized by restrictions, uncertainty and lockdowns, we are happy to say that we still made good progress towards our target of delivering sustainable environmental and social impact. More information on the impacts of Covid-19 on our operations can be found in this report.
For details, read our Sustainability Report 2020.
Arbaro Fund - Annual Sustainability Report 2019
We are pleased to provide you with the Arbaro Fund’s first Annual Sustainability Report. We are excited to plant the seeds for delivering sustainable environmental and social impact as part of the Arbaro Fund’s mission. Only a few months after its first closing in July 2018 with commitments of USD 60.2 million, the Arbaro Fund made its first investment in Miro Forestry Developments in Ghana and Sierra Leone in November 2018. As its second investment, the Fund established a new forestry company in Paraguay in June 2019.
For details, read our Sustainability Report 2019.