S&P Global’s surprise decision to stop providing ESG scores alongside bond-issuer assessments has created a divide at the top of the credit-ratings market, as Moody’s Investors Service and Fitch ...
Elon Musk is not a fan of Environmental, Social and Governance ratings. On June 10 he tweeted, “Why ESG is the devil,” in response to an article that explained how S&P Global gave Phillip Morris ...
Interest in environmental, social and governance investing has grown considerably in recent years. ESG scores have been developed to measure how companies are performing in these areas. While these ...
Kroll Bond Rating Agency argues that environmental, social and governance scores based on subjective metrics that are not correlated to credit risk do not have a place in their credit ratings.
With the recent passage of the costly, yet deceptively named, Inflation Reduction Act in the Senate, the Environmental, Social, and Governance (ESG) movement will be further emboldened. The IRA ...
The recent removal of Tesla from the S&P 500 ESG Index — and the retention of ExxonMobil — was an example of how broad the perception on ESG ratings and scores can be. Following that decision, and ...
S&P Global Ratings has announced that it is "no longer publishing" new environmental, social and governance (ESG) credit indicators in its reports. The decision comes after critics such as the ...
S&P Global no longer includes environmental, social, and corporate governance scores in its debt ratings after facing scrutiny over the practice many see as politically leaning and unnecessary. The ...
In early 2022, the ESG ratings industry attracted attention when electric vehicle manufacturer Tesla Inc. was dropped from the S&P 500 ESG Index. Explaining its decision, S&P cited perceived ...
This analysis is by Bloomberg Intelligence ESG Analyst Shaheen Contractor and ETF Analyst Athanasios Psarofagis. It appeared first on the Bloomberg Terminal. As the ESG asset class grows and ...
Provides Unbiased Metric to Distinguish Progress on Environmental, Social and Governance Issues for Over 800 Public Securities One of the First Major Wall Street Firms to Provide Company-Specific ESG ...
S&P Global Inc. will no longer publish ESG scores along with its credit ratings, as the company adjusts its approach in response to investor feedback. The update, which took place last Friday, was ...