In the 1990s, the importance of international rating agencies became more pronounced among stakeholders who were interested in screening companies based on specific financial criteria. Now with a focus on sustainability, stakeholders are interested in screening companies on both financial and...

Credit rating agencies (CRAs) have played an increasingly influential role in global capital markets over the last three decades and the ratings they assign to the debt issued by corporations, financial institutions and sovereigns are used to guide the investment and capital allocation decisions...