Following is AlphaValue take regarding what Covid-19 reveals about current Corporate Social Responsability (CSR) practices.
Most ESG ratings have been assigned on the basis of social and governance ‘standards’ across continents. This does not exist and is a European simplistic vision. The EU green taxonomy will make that clear (regulation gap). For global companies this is a huge problem that could backfire, as it is impossible to track ESG risk compliance in politically sensitive areas.
ESG investors and rating firms should be more aware of those limitations and international companies more transparent about their extensive exposure to China (not only sales exposure, but also supply chain networks and their own factories).
We are currently reviewing the social and governance scores of some companies under our coverage with substantial exposure to Asia (or China for the rare specimen which report it).
Get full report : click here
Related posts
About Us
Founded in 2007, AlphaValue is the world’s leading provider of Independent European Equity and Credit Research. We provide comprehensive, unconflicted research-only (no execution, no corporate finance) coverage of c. 480 European mid and large cap stocks. We have an average of 46% of negative recommendations at any one time. Learn more at www.alphavalue.com
Subscribe Now
Recent Posts
Stellantis is shooting for the stars
Splendid risk taking
Categories
- Activists (24)
- ESG (15)
- Research (87)
- Stocks to Watch (64)
- Uncategorized (2)
- Under Fire (42)
Stay connected