Research on the Root Causes, Impacts, and Future Paths 
of Global ESG Rating

Lan Yang; Pengfei Xue

doi:10.70711/memf.v2i8.7436

Research on the Root Causes, Impacts, and Future Paths of Global ESG Rating

Lan Yang, Pengfei Xue

Abstract

As the concept of sustainable development has become a global consensus, Environmental, Social, and Governance (ESG) investing has moved from the margins to the mainstream. ESG ratings, as core tools for measuring corporate sustainable development performance,
are gaining increasing importance. However, a critical issue that has long plagued investors, enterprises, and regulatory authorities is that ESG
ratings for the same company from different rating agencies often vary significantly, or even contradict each other. This study aims to deeply
analyze the basic concepts and importance of ESG ratings, systematically sort out the methodologies of major international rating agencies,
and on this basis, reveal the underlying causes of rating divergences.

Keywords

ESG; ESG Ratings; Rating Divergences

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References

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ICEMIT23.205Z

DOI: http://dx.doi.org/10.70711/memf.v2i8.7436

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