All Credit risk and ratings articles

  • Broadening-outreach-Investment consultants-block-01
    Thought Leadership

    Broadening the outreach to investment consultants

    2021-10-13T10:11:00Z

    Investment consultants are critical stakeholders in the investment chain, advising institutional asset owners on a range of issues, including the selection, appointment and monitoring of external managers. They can play a key role in supporting asset owners to develop responsible investment practices, and to assess their investment managers’ ESG incorporation ...

  • Do ESG Information Providers Meet the Needs of Fixed Income Investors
    Webinar

    Do ESG information providers meet the needs of fixed income investors?

    2021-10-05T17:32:00Z

    This webinar presents the main conclusions of discussions between credit analysts and ESG information providers of different specialism and scope, on how useful their data and service offerings are for fixed income investors, how the current products are evolving and where gaps remain.

  • Accelerating ESG Incorporation by Banks and Investors
    Webinar

    Accelerating ESG Incorporation by Banks and Investors

    2021-09-08T13:06:00Z

    This webinar, co-hosted by the PRI and the UNEP FI, will bring together leading actors in banking and investment industries to explore the extent to which ESG factors are considered when originating and assessing loans, which back CLOs and other structured products.

  • IN_Podcast_CRA Ep 07_built-in
    Podcast

    ESG in credit risk and ratings: episode 7

    2021-09-06T12:42:00Z

    In the seventh podcast of a series on the ESG in Credit Risk and Ratings Initiative, Sixtine Dubost (PRI) speaks with Madeleine King (Legal & General Investment Management) and Elisabeth Rudman (DBRS Morningstar) about governance factors, how they affect the probability of default of an issuer or of a bond ...

  • Do_ESG _information
    Articles

    Do ESG information providers meet the needs of fixed income investors?

    2021-07-23T08:25:00Z

    Read the conclusions of our discussion with 20 ESG information providers on how useful their data and product offerings are for fixed income investors and where they need to improve.

  • Podcast_ESG_in_CRA_EP6
    Podcast

    ESG in credit risk and ratings: episode 6

    2021-06-21T07:55:00Z

    In the sixth podcast of a series on the ESG in Credit Risk and Ratings Initiative, Sixtine Dubost (PRI) focusses with Barbara Cohen (Scope Ratings) and Shawn Keegan (Alliance Bernstein) on social factors, how they affect the probability of default of an issuer or of a bond issue and why ...

  • Social Factors as a Credit Risk - The Example of the Pharmaceutical Industry
    Webinar

    Social factors as a credit risk: the example of the pharmaceutical industry

    2021-06-09T17:00:00Z

    This webinar explores how social factors can affect credit risk analysis, using the pharmaceutical industry as an example, given its high exposure to social risks related to customer relations, responsible production, equal access to products and services, demographic and societal trends.

  • Securitised products_hero
    Discussion Paper

    ESG incorporation in securitised products: The challenges ahead

    2021-05-05T08:57:00Z

    ESG incorporation in securitised products lags other fixed income sub-asset classes and is in its infancy – largely due to the complex nature of the market. However, investor interest is growing.

  • IN_Podcast_CRA Ep 05_built-in
    Podcast

    ESG in credit risk and ratings: episode 5

    2021-03-01T14:30:00Z

    In the fifth podcast of a series on the ESG in Credit Risk and Ratings Initiative, PRI’s Sixtine Dubost speaks with Judy Wesalo Temel from Fiera Capital and Patrick Welch from KBRA about environmental factors and how they affect the probability of default of an issuer or a bond issue ...

  • deforestation_as_a_credit_risk
    Webinar

    Deforestation as a credit risk

    2021-02-05T09:24:00Z

    This webinar looks at deforestation from a credit risk perspective, by exploring how it may affect the probability of default of a debt issuer or of an issue, with various participants of the investment chain.

  • Keeping up with credit rating agency process
    Blogs

    Keeping up with credit rating agency progress

    2021-01-20T12:09:00Z

    By Carmen Nuzzo, Head of Fixed Income, PRI and Sixtine Dubost, Analyst, Investment Practices

  • governance_assessment_webinar
    Webinar

    Governance assessment: a similar approach for equities vs. debt investors?

    2021-01-15T08:43:00Z

    Governance evaluation is prominent in ESG analysis and security pricing. During this webinar, we will explore whether and to what extent governance factors are assessed differently by equity and fixed income investors, including relevant metrics.

  • market map cover
    PRI Web Page

    Credit Risk and Ratings Initiative forums

    2020-12-29T15:53:00Z

    To address some of the disconnects between investors and CRAs that emerged at the start of the initiative, the PRI organised roundtables across the globe aimed at credit risk analysts, fixed income portfolio managers and strategists (ESG analysts were welcome if accompanying their colleagues). 

  • IN_Podcast_CRA Ep 04_built in_blank
    Podcast

    ESG in credit risk and ratings: episode 4

    2020-12-07T12:39:00Z

    In the fourth podcast of a series on the ESG in Credit Risk and Ratings Initiative, Carmen Nuzzo (Head of Fixed Income, PRI) speaks to Naresh Aggarwal (Associate Director, Policy and Technical, The Association of Corporate Treasurers) and Rhys Petheram (Fund Manager, Fixed Income, Jupiter Asset Management), bringing the corporate ...

  • roundtableblock_global_652060
    News and press

    New PRI-SFAF workshop explores ESG, credit risk and high yield companies

    2020-11-26T08:46:00Z

    The Principles for Responsible Investment (PRI) and the Société Française des Analystes Financiers (SFAF) continued their collaboration to further the understanding of how environmental, social and governance (ESG) factors impact credit risk analysis by hosting a workshop on 25 November, attended by the participants of the SFAF credit commission, buy-side ...

  • ESG_in_credit_risk_analysis_lengthenng_time_horizons
    Webinar

    ESG in credit risk analysis: lengthening time horizons

    2020-11-13T14:49:00Z

    This webinar explores how credit rating agencies are improving the signposting of long term ESG risks beyond typical credit rating time horizons.

  • US Insurers and ESG Incorporation in Credit Risk
    Webinar

    US Insurers and ESG Incorporation in Credit Risk

    2020-11-09T11:50:00Z

    The global fixed income community is increasingly seeking ways to factor in ESG criteria and sustainability considerations when allocating capital and managing risks; and the majority of credit ratings agencies have begun to reflect ESG factors in credit risk analysis.

  • Roundtable-block_Global
    PRI Web Page

    Bringing credit analysts and issuers together: workshop series

    Read the highlights of the workshop series that brings the corporate side into the conversation on how to better integrate ESG factors in credit risk analysis, and check the list of upcoming events

  • CRA-Updates-block
    PRI Web Page

    Credit Rating Agency (CRA) quarterly updates

    To see the progress CRAs are making to enhance the integration of ESG factors in credit risk analysis, in keeping with their commitment to the above Statement, check the PRI’s quarterly updates.

  • Computer screens of a stock broker 125059073 copy
    Case studies

    Integrating ESG factors into sovereign credit research

    2020-09-30T14:48:00Z

    Case study by PIMCO