Start United States USA — Financial Major credit ratings firm dumps woke 'ESG ratings,' instantly sees stock price...

Major credit ratings firm dumps woke 'ESG ratings,' instantly sees stock price surge

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(BECKER NEWS) – S&P Global, one of the largest independent credit ratings firms in the world, has discontinued its practice of providing ‘Woke’ ESG ratings for corporate borrowers. Since 2021, this debt rating agency had rated companies on a scale of one to five based on their environmental, social, and governance risks. As reported by…
S&P Global, one of the largest independent credit ratings firms in the world, has discontinued its practice of providing ‘Woke’ ESG ratings for corporate borrowers.

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