Fedafin has been a signatory of the "Statement on ESG in credit risk and ratings" by PRI since August 2018. We share the common vision of improving the systematic and transparent consideration of ESG factors in credit risk and ratings.
It should be noted that, as an independent credit rating agency, fedafin continues to give its opinion in the form of credit ratings exclusively on the probability of default and related parameters such as "loss given default" or "expected loss".
You can find further information in our documentation on ESG factors relevant to credit.
Would you like to know more on PRI's ESG in Credit Risk and Ratings Initiative? Watch this video!