PARIS, Jan. 21, 2021 /PRNewswire/ -- (S&P Global Ratings) S&P Global said today it is releasing a supplementary deeper dive into the Financial Services sector, referred as Key Sustainability Factors (KSF) for ESG Evaluations (see "ESG Evaluation Key Sustainability Factors: Financial Services").
This KSF report is a summary of the relevant environmental and social issues of the sector, looks at which environmental and social key performance indicators (KPIs) are most important, and assesses the relative importance of the different environmental and social factors of our ESG Evaluation framework.
The KSF aims to enhance the transparency and the quality of our ESG Evaluation analysis. While the ESG Risk Atlas provides the cross-sector calibration, the KSF will ensure comparability within sectors. Finally, the KSF will improve the relevance of our interactions with companies' management teams and board members on our ESG Evaluation analysis.
We are inviting market feedback on the main environmental and social issues, KPIs, and factor weights that we have identified and summarized in our KSF for the Financial Services sector, which includes banks, insurers, and asset managers.
The KSF on Financial Services sector follows the recent releases of KSFs on:
- Power Generators (Oct. 14, 2020);
- Electric Grids And Gas & Water Utilities (Oct. 14, 2020);
- Telecom (Sept. 25, 2020);
- Oil And Gas (Sept. 25, 2020);
- Paper & Forest Products (Sept. 25, 2020); and
- Consumer Goods (July 22, 2020).
This report does not constitute a rating action.
The report is available to subscribers of RatingsDirect at www.capitaliq.com. If you are not a RatingsDirect subscriber, you may purchase a copy of the report by calling (1) 212-438-7280 or sending an e-mail to firstname.lastname@example.org. Ratings information can also be found on S&P Global Ratings' public website by using the Ratings search box located in the left column at www.standardandpoors.com. Alternatively, call one of the following S&P Global Ratings numbers: Client Support Europe (44) 20-7176-7176; London Press Office (44)
20-7176-3605; Paris (33) 1-4420-6708; Frankfurt (49) 69-33-999-225; Stockholm (46) 8-440-5914; or Moscow (7) 495-783-4009.
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