ESG Fund Provider Robeco Ranks Finland as Most Sustainable

Finland has supplanted Sweden as the most sustainable country in the world, according to an assessment by Dutch asset manager Robeco.

The ranking puts Sweden in second place, Denmark in third and Norway in fourth, Robeco Institutional Asset Management B.V. said on its website. Finland outperformed the European Union average across all of the 15 environmental, social and governance criteria it measures.

Robeco’s scoring system assigns a smaller weight to environmental criteria (just 20%) than it does to social (30%) and governance (50%), meaning countries that do well tend to benefit from having stable democracies with high levels of public ...