Dirty downgrades: how ESG can affect your credit rating

Fitch Ratings will use a new system to study ESG factors when compiling credit ratings. Moody’s warns that debt worth $2.2 trillion across 11 sectors could be downgraded due to environmental risk.

By Suhas Bhat

Jan 8, 2019

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Fitch Ratings is slowly turning up the thermostat to ensure the financial world feels the heat of rising environmental risk - and its implications on credit rating.

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