ESG Relevance Score: Difference between revisions
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imported>Doug Williamson (Create page. Source: Fitch https://www.fitchratings.com/research/corporate-finance/what-investors-want-to-know-esg-relevance-scores-for-corporates-20-02-2020) |
imported>Doug Williamson (Add link.) |
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== See also == | == See also == | ||
* [[Corporate governance]] | * [[Corporate governance]] | ||
* [[Credit rating]] | |||
* [[Credit rating agency]] | * [[Credit rating agency]] | ||
* [[Credit risk]] | * [[Credit risk]] |
Revision as of 12:01, 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.