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Dirty downgrades: how ESG can affect credit ratings

Fitch Ratings will use a new system to study ESG factors for credit ratings, while Moody's warns environmental risks may cause $2.2 trillion of debt downgrades across 11 sectors.
Dirty downgrades: how ESG can affect credit ratings

Environmental, social and governance (ESG) considerations are set to gain importance in fixed income investing, courtesy of Fitch Ratings. 

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