Moody’s – ESG credit impact scores expanded to autos, oil & gas, utilities, and more sectors – Yahoo Finance

Moody’s – ESG credit impact scores expanded to autos, oil & gas, utilities, and more sectors  Yahoo Finance

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Research Announcement:

Moody’s – ESG credit impact scores expanded

to autos, oil & gas, utilities, and more sectors

New York, December 07, 2021 —

» New ESG scores cover a wide range of sectors: auto, oil and gas, utilities, paper and forest

products, media, telecom, semiconductors and technology, financial institutions, and multilateral

development banks

» ESG issuer profile and credit impact scores have been assigned to over 1,700 rated issuers since

launching in January 2021

Moody’s Investors Service today expanded its coverage of ESG issuer profile and credit impact

scores to a wide range of companies, utilities, financial institutions, and multilateral development

banks. ESG scores have now been assigned to over 1,700 rated debt issuers globally since

launching in January 2021.
“Our continued rollout of ESG issuer profile and credit impact scores for companies, financial

institutions, and governments assists in the transparent and more formalized evaluation of the

influence of ESG considerations on credit risk,” said Brian Cahill, Managing Director of ESG at

Moody’s Investors Service.
Issuer profile scores assess an entity’s exposure to ESG considerations material to credit, while

credit impact scores communicate the impact those considerations have on an entity’s credit rating.

Both scores use a five-point scale.
For example, the new scores highlight that ESG considerations have an overall negative credit

impact on most automakers, oil & gas companies, and utilities, reflecting high carbon transition risks

in these sectors. The degree of credit impact varies within sectors.
The scores also show that the credit impact of ESG factors is mostly negative for media and

entertainment sectors, driven by social and governance risks. Companies face risks from adapting to

shifting demographic and social trends that are reshaping how people consume and pay for media,

particularly television.
An Excel report with all scores published to date is available here: https://www.moodys.com/

research/Cross-Sector-Global-MIS-ESG-credit-impact-scores-and-issuer–PBC_1286636
Subscribers can access the accompanying reports for more insights on the scores:

»

Automotive Manufacturers and Parts Suppliers – Global: ESG considerations have negative credit

impact on automakers, parts suppliers

»

Regulated Networks and Unregulated Utilities – Global: ESG issues have an overall credit-

negative impact; more severe for some subsectors

»

Paper and Forest Products – Global: ESG considerations have moderately negative credit impact

on most companies

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»

Semiconductors and Technology Hardware – Global: ESG considerations have neutral to low

credit impact on most companies

»

Media and Entertainment – Global: ESG considerations a negative for most TV, film and

publishing companies

»

Telecoms – Global: ESG considerations have overall neutral credit impact on telecoms companies

Subscribers can access the report, Oil Gas – Global: ESG-related risks have moderately negative

effect on overall credit quality, at:

http://www.moodys.com/researchdocumentcontentpage.aspx?

docid=PBC_1303098

NOTE TO JOURNALISTS ONLY: For more information, please call one of our global

press information hotlines: New York +1-212-553-0376 , London +44-20-7772-5456 , Tokyo

+813-5408-4110 , Hong Kong +852-3758-1350 , Sydney +61-2-9270-8141 , Mexico City

001-888-779-5833 , São Paulo 0800-891-2518 , or Buenos Aires 0800-666-3506 . You can also email

us at mediarelations@moodys.com or visit our web site at www.moodys.com.
This publication does not announce a credit rating action. For any credit ratings referenced in this

publication, please see the ratings tab on the issuer/entity page on

www.moodys.com

for the most

updated credit rating action information and rating history.
Brian Cahill

MD-MIS Env Social & Governance

Rating Research

Moody’s Investors Service Pty. Ltd.

JOURNALISTS: 1 212 553 0376

Client Service: 1 212 553 1653
Marie Diron

MD-Sovereign Risk

Sovereign Risk Group

Moody’s Investors Service Singapore Pte. Ltd.

JOURNALISTS: 1 212 553 0376

Client Service: 1 212 553 1653
Swami Venkataraman, CFA

Associate Managing Director

Rating Research

Moody’s Investors Service, Inc.

JOURNALISTS: 1 212 553 0376

Client Service: 1 212 553 1653
Releasing Office:

Moody’s Investors Service, Inc.

250 Greenwich Street

New York, NY 10007

U.S.A.

JOURNALISTS: 1 212 553 0376

Client Service: 1 212 553 1653

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