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Laxman Pai, Opalesque Asia: Temasek (Singapore), CDPQ (Quebec), BCI (British Columbia), NZ Super (New
Zealand), and ISIF (Ireland) achieved a perfect score around governance,
sustainability, and resilience (GSR) issues, revealed a study.
The Global SWF's 5th edition of its GSR Scoreboard analyzes the world's 200
largest Sovereign Wealth Funds and Public Pension Funds, which manage US$
27.5 trillion on behalf of 80 countries. The assessment is based on 25 different
elements that are answered binarily based on public information only.
Sustainability scores continued to improve globally when compared to 2023 - yet,
the average score in Governance (77%) is still much higher than that in
Sustainability (51%) and in Resilience (50%), said the study.
Five entities with different mandates got full marks: two Canadian pension
managers (CDPQ, BCI), a European strategic fund (ISIF), and two Asia-Pacific
state-owned investors (Temasek, NZ Super).
Meanwhile, the Middle East as a region continues to improve, and the average
score has gone up by 16% since 2020 with progress led by Saudi Arabia's PIF
(96% in 2024) and Abu Dhabi's Mubadala (92%).
There continues to be a positive and strong correlation between best practices, as
measured by Global SWF's GSR scores, and the financial performance of
Sovereign Investors in the long run, according to the study.
Diego Lopez, Founder and Managing Director of Global SWF, said: "The GSR
Scoreboard is the only objective, quant...................... To view our full article Click here
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