Rating the Raters: Evaluating how ESG Rating Agencies Integrate Sustainability Principles
Ver/ Abrir
Impacto
Scholar |
Otros documentos de la autoría: Escrig-Olmedo, Elena; Fernandez-Izquierdo, Maria Angeles; Ferrero-Ferrero, Idoya; Rivera-Lirio, Juana M.; Muñoz-Torres, María Jesus
Metadatos
Mostrar el registro completo del ítemcomunitat-uji-handle:10234/9
comunitat-uji-handle2:10234/8648
comunitat-uji-handle3:10234/8649
comunitat-uji-handle4:
INVESTIGACIONMetadatos
Título
Rating the Raters: Evaluating how ESG Rating Agencies Integrate Sustainability PrinciplesAutoría
Fecha de publicación
2019Editor
MDPIISSN
2071-1050Cita bibliográfica
ESCRIG-OLMEDO, Elena, et al. Rating the raters: Evaluating how ESG rating agencies integrate sustainability principles. Sustainability, 2019, vol. 11, núm. 3, p. 915Tipo de documento
info:eu-repo/semantics/articleVersión de la editorial
https://www.mdpi.com/2071-1050/11/3/915Versión
info:eu-repo/semantics/publishedVersionPalabras clave / Materias
Resumen
Environmental, social, and governance (ESG) rating agencies, acting as relevant financial market actors, should take a stand on working towards achieving a more sustainable development. In this context, the objective ... [+]
Environmental, social, and governance (ESG) rating agencies, acting as relevant financial market actors, should take a stand on working towards achieving a more sustainable development. In this context, the objective of this paper is, on the one hand, to understand how criteria used by ESG rating agencies in their assessment processes have evolved over the last ten years and, on the other hand, to analyze whether ESG rating agencies are contributing to fostering sustainable development by the inclusion of sustainability principles into their assessment processes and practices according to the ESG criteria. This research is based on a comparative descriptive analysis of the public information provided by the most representative ESG rating and information provider agencies in the financial market in two periods: 2008 and 2018. The findings show that ESG rating agencies have integrated new criteria into their assessment models to measure corporate performance more accurately and robustly in order to respond to new global challenges. However, a deep analysis of the criteria also shows that ESG rating agencies do not fully integrate sustainability principles into the corporate sustainability assessment process. [-]
Publicado en
Sustainability, 2019, vol. 11, núm. 3, p. 915Proyecto de investigación
This paper is supported by the European Union’s Horizon 2020 Research and Innovation Programme under Grant Agreement No. 693642, project SMART (SustainableMarket Actors for Responsible Trade).Derechos de acceso
info:eu-repo/semantics/openAccess
Aparece en las colecciones
- COFIN_Articles [216]
El ítem tiene asociados los siguientes ficheros de licencia:
Excepto si se señala otra cosa, la licencia del ítem se describe como: © 2019 by the authors. Licensee MDPI, Basel, Switzerland. This article is an open access
article distributed under the terms and conditions of the Creative Commons Attribution
(CC BY) license (http://creativecommons.org/licenses/by/4.0/).