Regulators turn gaze on ESG rating providers–for better or worse www.waterstechnology.comRegulators turn gaze on ESG rating providers–for better or worse www.waterstechnology.com
Impact Investing Forum 2023
London. May 04-05, 2023.
In the movie adaptation of the Michael Lewis book The Big Short, Mark Baum and Vinny Daniels from the investment firm FrontPoint Partners visit the offices of S&P Global Ratings. FrontPoint has noticed that the credit rating agencies (CRAs) haven’t downgraded subprime bonds, even though millions of Americans are defaulting on their home loans and the underlying securities are essentially junk. They want answers, but analyst Georgia Hale tells them she doesn’t have to share any of S&P’s data with