ESG Relevance Score: Difference between revisions
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Revision as of 13:44, 14 April 2021
Credit ratings - ESG - Fitch Ratings.
(ESG.RS)
ESG Relevance Scores - issued by Fitch Ratings - identify the relevance and materiality of environmental, social and governance elements to credit rating decisions.
The highest ESG.RS score is 5.
This indicates that a factor is unambiguously causing a change to a current rating level.
The lowest ESG.RS score is 1.
A score of 1 means a factor is currently irrelevant - both to the issuer and the sector - from a credit perspective.