Is social unrest an ESG issue?

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By Jasper Cox
24 Jun 2020

Popular discontent could well rise in many countries as the coronavirus crisis hits the poorest worst of all. In the past, unrest may have only worried government bond investors to the extent that it damaged creditworthiness. But, as market participants become ever more socially conscious, DBRS Morningstar’s Nichola James says that we can also apply an ESG (environmental, social and governance) lens to it.

James, who isco-head of sovereign ratings at the firm, told GlobalCapital: “Poorer communities in all countries appear disproportionately affected by the economic impact of physical distancing policies, and even in highly developed countries there are citizens with weak access to quality healthcare.”

In a report out on ...

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