ESG Ratings

ESG ratings are evaluations of a company's adherence to ESG criteria, reflecting its commitment to sustainable and ethical practices. Various organizations, such as MSCI, Sustainalytics, and others, have developed ESG rating systems. These systems analyze publicly reported data and other relevant information to assign scores or ratings to companies.

The methodologies and scales used can vary between providers; for instance, some may use letter grades (e.g., AAA to CCC), while others use numerical scores.

External third-party rating provider:

1. Unsolicited ESG Ratings - Uses public data, no direct company input, aimed at investors. 

Providers: MSCI, Sustainalytics, Bloomberg, CDP Scores, Refinitiv, Moody's ESG, S&P Global, and more.

2. Solicited ESG Ratings - Company provides data to obtain a customized rating or ESG score, often for supply chain purposes. 

Providers: EcoVadis