News Risk Management27 Feb 2019

Governance top ESG risk for financial institutions ratings

| 27 Feb 2019

Nearly 20% of global financial institution ratings are currently influenced by governance risk according to an analysis of new environmental, social & governance (ESG) relevance scores in a report by Fitch Ratings. ESG risks overall have a low level of direct impact on financial institution credit ratings. The scores cover over 900 banks, non-bank financial institutions and insurance companies around the globe.

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