Dirty downgrades: how ESG can affect credit ratings

Fitch Ratings will use a new system to study ESG factors when compiling credit ratings. Moody’s warns that debt worth $2.2 trillion across 11 sectors could be downgraded due to environmental risk.

Suhas Bhat

January 09, 2019

Fitch Ratings is slowly turning up the thermostat to ensure the financial world feels the heat of rising environmental risk - and its implications on credit rating.

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