Steady Leaders, Subtle Shifts: ESG Dynamics Reshape Sovereign Risk

This report, authored by Robeco’s sustainability specialists, offers a data-driven view of shifting country-level ESG performance and its implications for sovereign investors. 

• Denmark retains the top global ESG score, while Switzerland overtakes Norway as most leaders face modest declines.

• Major issuers diverge: U.S. gains despite governance pressure, China improves on emissions momentum, and Japan weakens on climate metrics.

• Emerging markets show sharper moves, with Saudi Arabia, Liberia, and Trinidad & Tobago posting notable gains.

Explore the full report to trace where ESG momentum may be reshaping future sovereign risk premia.