Tuesday 31/03/2020

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Sustainability in OECD countries: Denmark again at the top of the ranking

Responsible Investment Strategist

Degroof Petercam has just published its half-yearly sustainability ranking for the 34 OECD member states. The ranking assesses the sustainability of countries according to five major pillars, namely transparency and democratic values, environment, education, population, healthcare and wealth distribution and economy. In this second blog post in a series of three, we’ll zoom in on the country that stands out once more in this years’s ranking: Denmark.

Thanks to its leadership position in the area of ‘transparency and democratic values’, Denmark had conquered the first place in the ranking. With the exception of education, the number one has positioned itself among the top three of four sustainability pillars. This demonstrates the interaction between the pillars in order to achieve a solid, sustainable commitment for the future.

Denmark stands out by its willingness to advocate an environment of peace and mutual support. Boasting the lowest corruption level, as well as a murder rate which is among the lowest, the country is also committed to global sustainable development by being one of the most generous countries, as it allocates 0.9% of its gross national income to development aid. Among other things, the Danish benefit from the best housing conditions, and belong to the most satisfied citizens in terms of quality of life.

However, in the field of education, Denmark has not yet reached its level of excellence. That is surprising for a country which shows such great commitment and serves as an example in reducing poverty and social inequity. The challenge is to address the socio-economic and cultural divergences between high-school students, as illustrated by the OECD PISA test.

Download the PDF for Sustainability Ranking – Developed Countries in PDF format.