S&P drops ESG scale from its debt ratings

By Washington Examiner
Published August 9, 2023 8:51pm ET
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S&P drops ESG scale from its debt ratings
S&P drops ESG scale from its debt ratings 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 credit ratings agency has been monitoring and rating companies’ efforts regarding ESG on a scale of 1-5 since […]

S&P drops ESG scale from its debt ratings

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 credit ratings agency has been monitoring and rating companies’ efforts regarding ESG on a scale of 1-5 since 2021 but decided late last week to ditch the analysis.

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