Rating agency agreement “critical” for ESG investment
Moody's, Standard & Poor's and several local rating agencies – including China's Dagong – have agreed to consider environmental, social and governance issues when deciding on ratings.
The decision of Moody’s, Standard & Poor’s, China's Dagong Ratings and other credit rating agencies to sign a statement on environmental, social and governance (ESG) requirements in ratings marks the latest sign of the concept gaining international traction.
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