S&P decision to axe ESG scores from bond ratings splits market

  • 📰 financialpost
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 85%

Brasil Notícia Notícia

Brasil Últimas Notícias,Brasil Manchetes

S\u0026amp\u003BP Global Inc.’s decision to stop providing ESG scores alongside bond ratings has created a divide in the credit\u002Dratings market. Read more.

Even so, S&P’s updated handling of ESG in debt ratings now makes it an outlier among the big three in the industry.

A Moody’s spokesperson said the firm “incorporates all risks, including those related to ESG, into its credit ratings when they are material, and also publishes ESG scores on a one-to-five scale.” Meanwhile, anti-ESG Republicans have lambasted such scores in debt ratings as more evidence of Wall Street’s embrace of so-called woke ideology. Last year, Utah’s governor and its federal lawmakers singled out S&P for its decision to publish ESG indicators for U.S. states, calling it an undue politicization of the ratings process.

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 7. in BR

Brasil Últimas Notícias, Brasil Manchetes