S&P Global Inc., a leading global credit ratings provider, has taken a noteworthy step by announcing it will no longer include ESG (environmental, social, and governance) scores alongside its credit ratings. This significant change, announced on August 4, 2023, comes as a direct response to investor feedback, with many expressing […]
Daily Archives: August 10, 2023
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Allianz, a prominent German insurance company, recently withdrew from the Net-Zero Insurance Alliance (NZIA), one of the top global industry consortiums focused upon achieving net zero carbon dioxide emissions goals by 2050. Allianz Chief Financial Officer Giulio Terzariol expressed concerns over legal implications, emphasizing the responsibility to its shareholders. “We […]