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Credit rating agencies and environmental, social and governance considerations: a long road ahead

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Abstract

Reflects on the justifications for the US credit rating agencies' commitment to the "Principles for Responsible Investment" initiative, which takes account of social, environmental and governance issues in their ratings. Examines key aims of the initiative, and suggests why the large ratings agencies, Moody's, Standard and Poor, and Dagong, may not be fully committed to its implementation. Anticipates the likely impact of the initiative.
Original languageEnglish
Pages (from-to)281-284
Number of pages5
JournalInternational Business Law Journal
Volume2017
Issue number3
Publication statusPublished - 1 Jun 2017

Bibliographical note

This is a pre-copyedited, author-produced version of an article accepted for publication in International Business Law Journal following peer review. The definitive published version Cash, D. (2017). Credit rating agencies and environmental, social and governance considerations: a long road ahead. International Business Law Journal, 2017(3), 281-284. is available online on Westlaw UK or from Thomson Reuters DocDel service.

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

  1. SDG 12 - Responsible Consumption and Production
    SDG 12 Responsible Consumption and Production

Keywords

  • corporate governance
  • corporate social responsibility
  • credit rating agencies
  • international law

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