ESG ratings rewriting or recalibration?

• Main Author: ZHANG, Chengshuang
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2023
• Subjects: ESG Ratings; ESG Measurement; ESG Investing; Sustainable Finance; Refinitiv; ESG Rating Divergence; ESG Score Rewritings; MSCI ESG Ratings; Sustainalytic; Trucost; E&S scores; ESG performance; ESG practice; Corporate Finance; Finance and Financial Management
• Online Access: https://ink.library.smu.edu.sg/etd_coll/504; https://ink.library.smu.edu.sg/context/etd_coll/article/1502/viewcontent/GPBA_2110_DBA_Zhang_Chengshuang.pdf
• Institution: Singapore Management University

ESG ratings are the nexus of sustainable development. Are ongoing retroactive adjustments of ESG scores rewriting or recalibration? Using datasets from 20 random weeks of downloads of Refinitiv ESG universe between 7 October 2021 to 14 December 2022, we find that the positive link between ESG scores...