S&P Global Ratings: All the latest updates from Global corporates; How we Assess ESG Factors and our latest views on the US-China Trade Wars

Our Approach to Assessing ESG in Credit Ratings
The fixed-income market’s heightened focus on ESG has only emerged recently. However, ESG has been at the heart of our ratings approach for many years. We have long incorporated ESG considerations into our credit analysis. What we aim to do now is to more clearly underline to industry bodies, investors, and stakeholders how we do so.

As part of this increased disclosure of ESG factors, we have recently published a series of ESG Industry Report Cards. Each report card will summarize the environmental, social, and governance (ESG) factors that are material to the credit ratings in that sector. Additionally, each report card will provide extracts of the ESG sections from our analyses of 20-50 companies. To view all the reports and additional research in the ESG space, please click here or click the links below to access the ESG Industry Report Cards directly:

 

We use our ESG Risk Atlas to rank the industries in terms of E and S exposure (see “The ESG Risk Atlas: Sector And Regional Rationales And Scores,” published May 13, 2019). The Risk Atlas provides a relative ranking of industries in terms of exposure to environmental and social risks (and opportunities), together with our analysis of the most material E and S factors for each sector. The sector commentaries for the auto, transportation, and utilities report cards to expand further on these factors by focusing on the credit-specific impacts, which in turn forms the basis for analyzing the exposures and opportunities of individual companies in the sector.

Global Trade At A Crossroads: U.S. And China Exchange Tariff Blows
The trade dispute between China and the U.S. has reignited with an exchange of tariff impositions. On May 10, 2019, the U.S. raised the tariff rate to 25% from 10% on $200 billion of goods imported from China effective immediately, excluding goods-in-transit. On May 13, 2019, China responded by announcing four tiers of 25%, 20%, 10% and 5% tariff rates on $60 billion of goods imported from U.S. effective June 1, 2019. The same day the U.S. Trade Representative requested for public comments on a proposal to impose up to 25% duty on further imports from China valued around $300 billion.

About the author

SAIBA and IAFEI

 

 

Are you
podcast
potential?

Tell your story on our
podcast

Follow CFO Talks

CFO Talks

Quick links

Address:
The Workspace at The Club
Cnr Pinaster Avenue and 18th Street
The Club Shopping Centre, Second Floor
Pretoria
South Africa

The Workspace
Melrose Arch
44 Melrose Boulevard
Birnam
Johannesburg
South Africa

Tel. 012-643-1800 |
Email. info@cfotalks.com

Scroll to Top