S&P Global Ratings is ‘no longer publishing’ ESG scores in its reports

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S&P Global Ratings has released a statement that says “we are no longer publishing new ESG credit indicators in our reports or updating outstanding ESG credit indicators.'

Environmental factors analyze how a corporation interacts with the environment. Criteria may include climate change, greenhouse gas emission, pollution or deforestation. Environmental factors may also analyze what risks the company faces from the environment, such as hurricanes or global warming.

Social criteria analyze a company’s relationship with its stakeholders and community. Criteria may include how the company contributes to nonprofit organizations or whether it encourages employees to spend time volunteering. Social factors also take into account how the company interacts with employees and whether it treats its workers and customers ethically.

S&P Global Ratings says it"remains committed to providing the market with transparency on how and when environmental, social and governance factors influence our assessment of creditworthiness."Governance refers to how the corporation is run and whether its leadership acts in an ethical way. Governance standards may include the makeup of the board of directors, use of political contributions or potential illegal activity.U.S.

 

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