Exploring ESG drivers to enhance and expand sovereign investment opportunities

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Similar to recent years, Nordic nations continue to dominate the upper ranks. Finland held on to the top spot while Norway narrowly surpassed Sweden to claim the second position, thanks to recent developments in GHG emissions. A straight ranking order, however, masks the fact that all three countries share virtually the same ESG score: Finland (9.04), Norway (9.03), and Sweden (9.03). Ocean Health Index scores deteriorated slightly for both Sweden and Finland, lowering environmental performance relative to Norway, whose score remained stable. On social front, the trio saw income inequality widen in recent years while gender equality advanced

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