Ethical ratings stir debate over saints and sinners

Asset manager Aegon hits out at “flawed” ESG ratings methodologies

tobacco-ethical-172408696.jpg

Can a tobacco firm achieve an ‘A’ rating for sustainability?

It’s a question that a leading asset management firm has posed, in response to ratings provider MSCI giving an environmental, social and governance (ESG) score of single-A to cigarette maker Imperial Brands.

The question also illustrates a wider debate in the investment industry over how to rate the ethical credentials of companies in controversial sectors such as arms, alcohol or tobacco – the so-called sin stocks of ‘bombs, booze

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here