The US is no longer a developed market when it comes to ESG qualities, according to research from Verisk Maplecroft.
The firm - which has carried out analysis of sovereign ESG ratings - comments that the US is now "de-merging" and is only rated 3. The ratings are on a scale from 1 to 5+. This is due to low scoring across environmental and social criteria. The firm's analysis comments the US is now appearing "shaky" in the "sources of instability" dimension of governance risks. Bloomberg Intelligence upgrades ESG predictions for 2025 The US has now been overtaken by South Korea, which is rated 5-, with several emerging markets in the G20 - including Mexico (3) and Indonesia (2+) - closing the gap ...
To continue reading this article...
Join Investment Week for free
Signup and gain exclusive members-only insights - all free of charge!
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes
