Consumer Prices Index and ESG Relevance Score: Difference between pages

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(CPI).
''Credit ratings - ESG - Fitch Ratings.''


1.  
(ESG.RS)


The Consumer Prices Index is a leading measure of inflation in the UK, calculated as the change from month to month in the prices of a standard basket of consumer goods and services.
ESG Relevance Scores - issued by Fitch Ratings - identify the relevance and materiality of environmental, social and governance elements to credit rating decisions.


The CPI replaced the Retail Prices Index (RPI) for a number of purposes as a primary measure of inflation in the UK.


Previously known as the Harmonised Index of Consumer Prices (HICP).
The highest ESG.RS score is 5.


This indicates that a factor is unambiguously causing a change to a current rating level.


2.


The Consumer Price Index is one of the leading inflation indices used in the US.  
The lowest ESG.RS score is 1.


Its uses include the limited indexation of certain US pensions.
A score of 1 means a factor is currently irrelevant - both to the issuer and the sector - from a credit perspective.




3.
== See also ==
* [[Climate Vulnerability Score]]
* [[Corporate governance]]
* [[Credit rating]]
* [[Credit rating agency]]
* [[Credit risk]]
* [[Corporate social responsibility]]
* [[Environmental concerns]]
*[[ESG]]
* [[ESG Credit Impact Scores]]
* [[ESG investment]]
* [[ESG Issuer Profile Scores]]
* [[ESG ratings]]
* [[ESG stock]]
* [[ESG Vulnerability Score]]
* [[Fitch]]
* [[Green]]
* [[Green Finance Initiative]]
* [[Issuer]]
* [[Relevance]]
* [[Social concerns]]
* [[Sustainability]]


More generally, a consumer prices index is a statistical estimate constructed using the prices of a defined sample of representative consumer items, such as goods and services, whose prices are collected periodically. 
The index is compared to a base period to give an estimate of periodic inflation rates.
==See also==
* [[Cost of living adjustment]]
* [[CPIH]]
* [[Harmonised index of consumer prices]]
* [[Index numbers]]
* [[Inflation]]
* [[Output price index]]
* [[Producer Price Index]]
* [[Retail Prices Index]]
* [[Services Producer Price Index]]
* [[Treasury inflation-indexed securities]]
[[Category:Knowledge_and_information_management]]
[[Category:The_business_context]]
[[Category:The_business_context]]
[[Category:Corporate_finance]]
[[Category:Investment]]
[[Category:Long_term_funding]]
[[Category:Identify_and_assess_risks]]
[[Category:Manage_risks]]
[[Category:Risk_frameworks]]
[[Category:Risk_reporting]]

Revision as of 02:42, 14 December 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.


See also

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