‘In the ESG rating process, apples • Table.Briefings

Thierry Philipponnat is co-founder of the NGO Finance Watch in Brussels and its chief economist.

The market for ESG ratings has not yet been regulated. This leads to confusion among small investors and conflicts of interest among rating agencies, criticizes the NGO Finance Watch. In an interview with Leonie Düngefeld, chief economist Thierry Philipponnat calls for a more transparent structure of ratings.

Mr. Philipponnat, ESG ratings assess a company’s performance in the areas of environment (E), social (S) and corporate governance (G). What is your criticism?

‘In the ESG rating process, apples and oranges are added together’

Sign up now and continue reading immediately