Morningstar DBRS Publishes Updated Methodology for Approach to Environmental, Social, and Governance Risk Factors in Credit Ratings

Morningstar DBRS published an updated version of its “Morningstar DBRS Criteria: Approach to Environmental, Social, and Governance Risk Factors in Credit Ratings”.

The updated methodology clarifies Morningstar DBRS’ view on how physical climate risks affect two of the Social factors.

Morningstar DBRS conducted an interim review of “Morningstar DBRS Criteria: Approach to Environmental, Social, and Governance Risk Factors in Credit Ratings”. This update supersedes the previous version published on 4 July 2023, and is effective as of 23 January 2024. Morningstar DBRS deems the update not to be material and determined that no ratings are expected to change as a result of this update.

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Morningstar DBRS methodologies are publicly available on its website dbrs.morningstar.com under Methodologies & Criteria.

For more information on this methodology or on this industry, visit dbrs.morningstar.com or contact us at info-DBRS@morningstar.com.