A screen shows typhoon Chanthu at the Quezon City Emergency Operations Center in Quezon City, Metro Manila, Philippines, on September 10, 2021. Photo: EPA-EFE
Moody’s, Fitch Ratings, S&P Global called out for failing to reflect climate risks, ESG factors in credit ratings
- A study of 721 companies in climate-intensive industries found no direct relationship between ESG scores and credit ratings, research firm says
- The conventional rating methodology requires an overhaul, says the Institute for Energy Economics and Financial Analysis
A screen shows typhoon Chanthu at the Quezon City Emergency Operations Center in Quezon City, Metro Manila, Philippines, on September 10, 2021. Photo: EPA-EFE
