By signing the ESG in Credit Ratings Statement, credit rating agencies and fixed income investors commit to incorporating ESG into credit ratings and analysis in a systematic and transparent way. To date, the statement is supported by more than 130 investors (with over US$26trn in collective AUM) and 15 credit ...
Investors and credit rating agencies (CRAs) are ramping up efforts to consider environmental, social and governance (ESG) factors in credit risk analysis.
To address some of the disconnects between investors and CRAs that have emerged so far, the PRI is organising roundtables across the globe aimed at credit risk analysts, fixed income portfolio managers and strategists (ESG analysts are welcome if accompanying their colleagues). CRA representatives will participate to explain how they incorporate ESG factors in their credit ratings and answer any questions attendees may have. The season kicked off with a panel session at PRI in Person in Berlin focused on ESG in sovereign credit risk, with speakers from Beyond Ratings, Global Evolution, the French Treasury and Moody's Investors Service.
The ESG in Credit Ratings Initiative receives support from The Rockefeller Foundation.