PROGRESS: Corporate “wokeism” backlash drives S&P Global to dump ESG metrics in credit quality assessments
American publicly traded corporation Standard Poor (SP) Global recently announced the dropping of its credit rating agency’s use of environmental, social, and governance (ESG) scores in assessing corporate borrowers. This is its response to the massive backlash on this metric’s link to the global “woke” agendas being pushed across the United States. According to the […]