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%

Italia Notizia Notizia

Italia Ultime Notizie,Italia Notizie

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.

 

Grazie per il tuo commento. Il tuo commento verrà pubblicato dopo essere stato esaminato.
Abbiamo riassunto questa notizia in modo che tu possa leggerla velocemente. Se sei interessato alla notizia puoi leggere il testo completo qui. Leggi di più:

 /  🏆 7. in İT

Italia Ultime Notizie, Italia Notizie