On June 28th, Moody's published a Request for Comment (RFC) for an Appendix to its ESG methodology
, covering financial institutions, including multilateral development banks. The RFC will introduce considerations for the assignment of ESG scores to financial institutions.
In this session, Moody’s analysts will review the proposed Appendix and provide some highlights.*This webinar will be delivered in English with Chinese, Japanese and Korean simultaneous translation.Discussion Topics
- What are ESG's Issuer Profile Score (IPS) and Credit Impact Score (CIS)?
- How do ESG considerations impact credit ratings?
Sally Yim, Managing Director, Financial Institutions Group (Moderator)
Lucia Lopez, VP – Senior Credit Officer, Environmental, Social and Governance Group
Carola Schuler, Managing Director, Financial Institutions Group
Alessandro Roccati, Senior Vice President, Financial Institutions Group
You may also be interested in the EMEA/Americas edition:
About the new scores:
Issuer Profile Scores (IPS) are separate environmental, social and governance scores that assess an entity’s exposure to the categories of ESG that MIS regards as the most material to credit. The assessment of the exposure to E, S and G risks or benefits is based on the general ESG principles described in the methodology, and the scores provide a consistent way to express this assessment.
ESG Credit Impact Scores (CIS) reflect the impact of ESG considerations on the rating of an issuer or transaction. Whereas the E, S and G profile scores are based on an issuer’s or transaction’s outright exposure to ESG risks or benefits and ESG specific mitigants, the CIS places ESG considerations in the context of the issuer’s other credit drivers that are material to a given rating.