Discover Top ESG-Ranked Countries

Published on:
by KnowESG
KnowESG_ESG & best ranked countries
Image courtesy of https://theinformant.co.nz/

What are the most sustainable countries in terms of human rights, environment, and health? While Finland, Iceland, and Norway rank highest in the new global risk profile, France falls to 17th place due to its lack of consideration for imported emissions and environmental standards.

A new study published on March 8 by Global Risk Profile (GRP), a Swiss company specialising in the assessment and management of third-party risk, proposes that countries be evaluated based on ESG criteria.

According to Novithek Sonia Thorneherr, Head of Research and Development at GRP, this is in response to the Duty of Vigilance Act, which mandates that large companies mitigate ESG risks throughout their value chain, requiring an external analysis by country.

In the fifth edition of the report, the news is bleak: global sustainability performance is on the decline, despite the growing emphasis on CSR topics and sustainability goals, along with the implementation of CSR initiatives and binding legislation worldwide, as noted by the report's authors.

Featured Article: Top 5 Social Sustainability Examples You Need To Know

While the assessment is based on three pillars—environment, human rights, and people's health and safety—the latter two remain relatively stable. It is the first pillar, the environment, that presents a challenge.

As in previous years, Finland, Iceland, and Norway claimed the top three spots. China and India both fell behind, ranking 118th and 145th, respectively. Mongolia experienced the most significant drop, falling 27 places due to human rights challenges exposed by measures to control the spread of COVID-19, including limitations on freedom of expression, freedom of peaceful assembly, and treatment of healthcare workers.

To create the ranking, the Swiss company consulted 65 databases from nearly two dozen internationally recognised organisations, including the World Bank, Word Economic Forum, and the World Health Organisation. Overall, Europe dominates the ranking, surpassing South America and North America by a significant margin.

To view and compare company ESG Ratings and Sustainability Reports across sectors, follow our Company ESG Profiles page.

For more environmental news

Source: The Informant

Share:
esg
esg
esg
esg

Environment Headlines

Bristol Opens Free Coffee Pod Recycling Centres

Bristol Opens Free Coffee Pod Recycling Centres

Driving Decarbonization: How Brightest and Allianz Commercial Are Empowering ESG Progress

Driving Decarbonization: How Brightest and Allianz Commercial Are Empowering ESG Progress

Carbon Commitment: Microsoft Expands Beccs Partnership With Stockholm Exergi

Financing Fossil Fuels: HSBC Accused of Greenwashing After $1B Deal

CSA Hits Pause on Climate and Diversity Disclosure Rules Amid Global Shifts

Legislators Push Back on Carbon Capture as Landowners Demand Stronger Protections

As AI Grows, Data Centres Face Soaring Energy Demand

Gasmet Tech Assesses Carbon Footprint of GT5000 Terra Gas Analyser

Mint-Scented Plant Used as Toilet Paper Across Africa

Sustainable Home Renovations: How to Make Your Home Greener and More Efficient