Jefferies skewers bank ESG ratings for ignoring climate
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Jefferies skewers bank ESG ratings for ignoring climate

See no evil from Alamy 16Apr21 575x375

Several European banks’ noses were put out of joint this week by research from Jefferies, which suggested a very different ranking of banks’ ESG characteristics from that investors usually get from rating providers. The study argued commercial ESG ratings on banks are not fit for purpose.

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