The DOI matches its Crossref record; 39 of the 39 references it cites were found in a registry or an index.
Rating the Raters: Evaluating how ESG Rating Agencies Integrate Sustainability Principles
Open accessAbstract
Environmental, social, and governance (ESG) rating agencies, acting as relevant financial market actors, should take a stand on working towards achieving a more sustainable development. In this context, the objective of this paper is, on the one hand, to understand how criteria used by ESG rating agencies in their assessment processes have evolved over the last ten years and, on the other hand, to analyze whether ESG rating agencies are contributing to fostering sustainable development by the inclusion of sustainability principles into their assessment processes and practices according to the ESG criteria. This research is based on a comparative descriptive analysis of the public information provided by the most representative ESG rating and information provider agencies in the financial market in two periods: 2008 and 2018. The findings show that ESG rating agencies have integrated new criteria into their assessment models to measure corporate performance more accurately and robustly in order to respond to new global challenges. However, a deep analysis of the criteria also shows that ESG rating agencies do not fully integrate sustainability principles into the corporate sustainability assessment process.
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Do ratings of firms converge? Implications for managers, investors and strategy researchers
Chatterji, A. K., Durand, R., Levine, D. I., & Touboul, S. (2016) · Strategic Management Journal · doi:10.1002/smj.2407 · Cited by 1,264
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How Well Do Social Ratings Actually Measure Corporate Social Responsibility?
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A Holistic Perspective on Corporate Sustainability Drivers
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Corporate Social Responsibility and Credit Ratings
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The Effect of Blockchain Technology on Supply Chain Sustainability Performances
Park, A., & Li, H. (2021) · Sustainability · doi:10.3390/su13041726 · Cited by 455
De Lucia, C., Pazienza, P., & Bartlett, M. (2020) · Sustainability · doi:10.3390/su12135317 · Cited by 308
Does the ESG Index Affect Stock Return? Evidence from the Eurostoxx50
La Torre, M., Mango, F., Cafaro, A., & Leo, S. (2020) · Sustainability · doi:10.3390/su12166387 · Cited by 265
Barbosa, A. D. S., Crispim, M. C., da Silva, L. B., da Silva, J. M. N., Barbosa, A. M., & Morioka, S. N. (2024) · Business Strategy and the Environment · doi:10.1002/bse.3675 · Cited by 38
Artificial Intelligence and Environmental, Social and Governance: A Bibliometric Analysis Review
Alhasnawi, M. Y., Alshdaifat, S. M., Aziz, N. H. A., & Almasoodi, M. F. (2024) · Lecture Notes in Networks and Systems · doi:10.1007/978-3-031-63717-9_8 · Cited by 35
Metadata
- Authors
- Escrig-Olmedo, E., Fernández-Izquierdo, M. Á., Ferrero-Ferrero, I., Rivera-Lirio, J. M., & Muñoz-Torres, M. J.
- Venue
- Sustainability
- Publisher
- MDPI AG
- Published
- 2019-02-11
- Volume
- 11
- Issue
- 3
- Pages
- 915
- ISSN
- 2071-1050 (ISSN-L)
- OpenAlex
- W2912349856
- Cited by
- 477
- References
- 39
- FWCI
- 62.97
- Type
- journal article
- Language
- en
- Open access
- gold
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- Escrig-Olmedo, E., Fernández-Izquierdo, M. Á., Ferrero-Ferrero, I., Rivera-Lirio, J. M., & Muñoz-Torres, M. J. (2019). Rating the Raters: Evaluating how ESG Rating Agencies Integrate Sustainability Principles. Sustainability. https://doi.org/10.3390/su11030915
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Bibliographic data: Semantic Scholar, OpenAlex, Crossref.
Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.
