Credit ratings, research, and risk analysis provider Moody’s announced today the expansion of its ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments. Issuer Profile Scores and Credit Impact Scores with publications targeting large cities and counties in the U.S. with between $500 million and $1 billion in outstanding debt.
The reports include two types of ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments. scores, including issuer profile scores (IPS) and credit impact scores (CIS). IPS scores measure issuer’s exposure to ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments. considerations that could be material to credit risk, while CIS gauges the impact those ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments. considerations have on an issuer’s credit rating.
According to Moody’s, the reports reveal that exposure to environmentalEnvironmental criteria consider how a company performs as a steward of nature. credit considerations is negative or highly negative for more than 40% of the US cities, and moderately negative for almost 40% of counties.
Adebola Kushimo, VP-Senior Credit Officer at Moody’s Investors Service, said:
“Physical climate risk – including hurricanes, sea level rise, wildfires and drought – is the most prevalent environmentalEnvironmental criteria consider how a company performs as a steward of nature. credit consideration for most of the large US cities and counties we scored.”
SocialSocial criteria examine how it manages relationships with employees, suppliers, customers, and the communities where it operates. considerations tended to have less of an impact on the scores, with the reports finding neutral to low exposure for most cities and counties, while governanceGovernance deals with a company’s leadership, executive pay, audits, internal controls, and shareholder rights. considerations such as policy credibility and effectiveness and budget management were generally positive for cities and strongly positive for counties.
Coley J Anderson, VP-Analyst at Moody’s Investors Service, said:
“Demographic trends and labor and income, heavily influential socialSocial criteria examine how it manages relationships with employees, suppliers, customers, and the communities where it operates. considerations in terms of the economy, are generally sound for US cities and counties.”
The new reports follow the launch in June by Moody’s of ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments. profile and credit impact scores for cities with more than $1 billion in debt, along with U.S. states and sectors including global pharmas, medical device companies, and regulated electric and gas utilities. Earlier this year, Moody’s also introduced ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments. and credit impact scores for sovereigns.
Click here to access the new reports for U.S. cities and counties.
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