Emerging Market Multinationals have become a force to be reckoned with. With their spectacular growth in number, size and influence, they have become a major driver of economic development in their home and host countries. This study of twelve Emerging Market Multinationals based in six emerging economies highlights many examples of companies contributing to development goals in their home and host countries. Indeed, Emerging Market Multinationals have three strategic advantages over their northern brethren when it comes to engaging in development: they are already rooted in emerging economies, they already reach out to low-income populations in many ways, and they are already heavily invested in other emerging and developing countries, including LDCs. The report outlines the various options for advancing sustainable human development based on these ‘competitive advantages’ and shows where Emerging Market Multinationals can receive support to realize this potential.