MSCI has assessed Sitra's fund investments in 2023. The ESG rating of the portfolio remained AA, as in the previous two years, but there was some shift in the ratings of individual funds to lower ratings due to a change in the rating methodology of MSCI. Most of the funds selected for the portfolio were classified as leaders, and there were no funds classified as laggards. Figure 3. ESG ratings of funds based on MSCI's rating method