Over 20 State Treasurers Warn Agencies Against Using ESG for Deciding Credit Ratings

Over 20 state treasurers warn agencies against using ESG for deciding credit ratings

Twenty-two state financial officers demanded answers Wednesday from America’s largest credit rating agencies over allegedly flawed environmental, social and governance (ESG) policies they warn could threaten taxpayer […]

Exclusive | State treasurers press Moody’s, Fitch and S&P on ‘ESG’ guidance that gives higher rankings to Chinese companies, downgrades US biz

Twenty-two state financial officers are demanding answers from top credit rating agencies including Moody’s, Fitch and S&P that allegedly still use outdated climate change and DEI policies, The Post has learned.

State treasurers allege top credit rating agencies give higher rankings to Chinese companies

The state financial officers point out that China produces more emissions than any other country in the world, making the ratings "nonsensical by any objective standard."