PIF ranks 7th worldwide in Mideast for scoring high in GSR

July 02, 2023

Saudi Arabia’s Public Investment Fund ranked first in the Middle East region and seventh worldwide among 100 global state-owned funds for scoring high in governance, sustainability and resilience practices, according to the evaluation of the Global Sovereign Wealth Funds.

Launched in 2020, the GSR scorecard is driven by an annual review of the best practices of the world’s top 100 funds, focusing on 25 elements — 10 of which are associated to governance and transparency, 10 to sustainability and responsible investing, and five to resilience and legitimacy.

Read the original article in Arab News: PIF ranks top in Mideast, 7th worldwide for scoring high in GSR