credit ratings

Moody’s Joins Ceres Company Network and Ceres Investor Network

Press Release

BOSTON and NEW YORK March 28, 2018 /3BL Media/ - The sustainability nonprofit organization Ceres and Moody’s Corporation (NYSE: MCO) announced today that Moody’s has joined both the Ceres Company Network as a member and the Ceres Investor Network as an associate member.

Credit Rating Agencies are Miscalculating Risks of Climate Change, Report Finds

A new report argues that credit agencies’ failure to properly account for climate risks could lead to the next global financial crisis
Article

Originally posted on The Guardian.

Credit rating agencies still have a long way to go in incorporating climate change risks into their analyses, said Lenora Suki, head of sustainable finance product strategy at Bloomberg. “In general, they have yet to thoroughly and transparently integrate these emerging issues and concerns into traditional credit models,” she said.

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