Despite often starting at a lower base level in terms of ESG profile, EM issuers tend to be more receptive to engagement on ESG topics
But is future growth already priced in?
With a strong post-pandemic rebound in exports on the cards; Turkey takes on Wales, which has reportedly caught the eye of Telsa founder Elon Musk
Neighbouring nations Russia and Finland go head-to-head – one has a super-green reputation while the other is seen as a heavy polluter – but does that reflect reality?
Home to the oldest ecolabel in Europe; Austria is up against North Macedonia, which is technically the youngest country in the tournament
With statistics in its corner; Belgium is looking to beat Russia, where large blue chips are the main draw for investors
Leveraging off the competitive nature of its homegrown companies; Denmark is taking on Finland, where the team will plant itself like a vast Nordic forest and hope to cause an upset
Having avoided a covid recession; Turkey takes on Italy, which is pursuing an ambitious green and digital transformation
As the government puts greenwashing in its crosshairs
Gains made during 2020 need to have been sustained to meet climate goals