ESG & Investing
Rising Credit Risks Pose Huge Challenge for the Worst Polluters
Companies facing the largest climate crisis-related losses have more than twice as much rated debt now than when the Paris Agreement was unveiled.
This article is for subscribers only.
Credit risks keep creeping higher for the world’s biggest polluters.
In fact, the companies facing perhaps the largest climate crisis-related losses have more than twice as much rated debt as they did when the Paris Agreement was announced almost seven years ago, according to an analysis by Moody’s Investors Service.