Principle adverse impact indicators (PAIs)

Here you can find the relevant data for the Adverse Sustainability indicators for Finland.

Please note that the information below is an indicative compilation of sovereign PAI data sources; it is not a disclosure of PAIs for the state’s shareholdings.

Indicators applicable to investments in sovereigns and supranationals

Adverse sustainability indicator Metric Impact [year] Impact [year]
Environmental 1. GHG Intensity

Finland’s total GHG emissions excluding the land use/LULUCF sector

Detailed and sectoral information on
Finland’s emission trends:

Annual Climate Report 2023:
https://ym.fi/en/annual-climate-report
(will be published in full in English later in 2023)

45.8 Mt CO2 -eq. [2022] 47.7 Mt CO2 -eq. [2021]
Social 1. UN conventions that Finland has signed

Please see United Nations Treaty Collection:

Participant Search: United Nations Treaty Collection

   
Social 2. State of democracy and civil liberties in Finland

Freedom House: Finland has full scores (100/100)
in the annual survey by Freedom House.

Finland country profile (Freedom in the World 2023): https://freedomhouse.org/country/finland/freedom-world/2023

Score:
100/100
[2023]
Score:
100/100
[2022]
Social 3. State of corruption in Finland

Transparency International: Finland is one of
the least corrupted countries in the world.

Finland’s country profile
(Corruption Perceptions Index 2022): https://www.transparency.org/en/cpi/2022/index/fin

Score:
87/100
[2022]

Global rank:

2/180
[2022]
Score:
88/100
[2021]

Global rank:

1/180
[2021]
Social 4. Finland in World Bank Worldwide Governance Indicators (WGBI)

Finland ranks above OECD high income peers in six dimension of governance.

Comparison of Finland to other OECD countries using WGBI (data release: 2022): https://www.treasuryfinland.fi/investor-relations/sustainability-and-finnish-government-bonds/finland-in-world-bank-governance-indicators/ 

Voice and Accountability:
99.52/100
[2021] 

Political Stability and Absence of Violence/Terrorism: 85.38/100
[2021]

Government Effectiveness:
98.56/100
[2021]

Regulatory Quality:
99.04/100
[2021]

Rule of Law:
100.00/100
[2021]

Control of Corruption:
99.52/100
[2021]

Voice and Accountability:
99.52/100
[2020] 

Political Stability and Absence of Violence/Terrorism:
82.55/100
[2020]

Government Effectiveness:
99.04/100
[2020]

Regulatory Quality:
99.04/100
[2020]

Rule of Law:
100.00/100
[2020]

Control of Corruption:
99.52/100
[2020]

Social 5. Finland’s progress in implementing the Sustainable Development Goals

Finland ranked #1 globally in Sustainable Development Report 2023. The report is an annual assessment of progress for all UN member states towards the Sustainable Development Goals. Currently Finland has achieved/is on track to achieve roughly 60% of the SDG targets. Finland has achieved goals no. 1 (No Poverty), 4 (Quality Education) and 7 (Affordable and Clean Energy). Major challenges remain on goals no. 2 (Zero Hunger), 12 (Responsible Consumption and Production) as well as 13 (Climate Action).

Finland country profile: https://dashboards.sdgindex.org/profiles/finland

SDG Index Score:
86.8/100
[2023] 

Global rank:
1/166
[2023]

SDG Index Score: 86.5/100
[2022] 

Global rank:
1/163
[2022]