In this study, we unpack the ESG ratings of three prominent agencies in Europe and find that (i) each E, S, and G pillar contributes differently to the overall ESG score, (ii) there is a low co-movement between the three E, S, G pillars and (iii) there are specific ESG Key Performance Indicators (KPIs) that are driving these ratings more than others.

Dissecting the ESG ratings: Does one size fit all?

Billio, Monica;Fitzpatrick, Aoife Claire;Latino, Carmelo;Pelizzon, Loriana
2025-01-01

Abstract

In this study, we unpack the ESG ratings of three prominent agencies in Europe and find that (i) each E, S, and G pillar contributes differently to the overall ESG score, (ii) there is a low co-movement between the three E, S, G pillars and (iii) there are specific ESG Key Performance Indicators (KPIs) that are driving these ratings more than others.
2025
256
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Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/10278/5105407
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