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State financial officers press credit rating agencies over ESG-related ratings and China

Image from New York Post's coverage: State treasurers press credit agencies on ‘ESG’ guidance that rewards China, crushes USAPhoto: New York Post

How coverage differs The New York Post emphasizes the officers' demand for answers over allegedly outdated climate and DEI policies; Just the News stresses their claim that China's emissions make its higher ratings nonsensical.

Twenty-two state financial officers are demanding answers from major credit rating agencies, including Moody's, Fitch and S&P. They allege the agencies still rely on outdated climate change and DEI policies. The officers argue that Chinese companies receive higher rankings even though China produces more emissions than any other country, calling the ratings nonsensical by any objective standard.

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