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Targets defined in accordance with Environmental, Social and Governance (ESG) criteria confront the business world, particularly the banking industry, with new challenges. The aim of this paper is to study the effect of ESG controversies on the credit rating of the European banking sector,...
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The issuance of sustainability-linked loans (SLLs) has grown exponentially in recent years. Using a scoring methodology … effective incentives for improving corporate sustainability performance. We demonstrate that the majority of loans fails to meet … key requirements that would make them credible instruments for generating effective sustainability incentives. These …
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