ESG rating definition
Examples of ESG rating in a sentence
Supplier shall, at the request of Purchaser, share Supplier’s ESG rating received by Supplier within the last three (3) years (“Scorecard”) as issued by an internationally recognized ESG assessor (i.e. Ecovadis, or other equivalent ESG assessor acceptable to Purchaser).
Yes Yes, principle adverse impacts on sustainability factors are assessed as part of the ESG rating system in determining the ESG rating of companies for the purpose of identifying a universe of investable companies and may lead to exclusions as part of the screening process.
Another factor contributing to whether the Master Fund will be considered to be attaining the environmental and/or social characteristics it promotes will be an assessment of whether the Investment Manager in respect of the Master Fund has successfully and consistently applied its ESG rating system in the process to identify a universe of investable companies and in the investment monitoring process.
Principal adverse impacts on sustainability factors are considered in the following manner: • Principal adverse impact indicators are captured under the “do no significant harm” principle for sustainable investments outlined in the section entitled “How do the sustainable investments that the financial product partially intends to make, not cause significant harm to any environmental or social sustainable investment objective?” • Principal adverse impacts are assessed as part of the ESG rating system.
A sudden drop in the ESG rating of a particular company due to an ESG controversy will generally lead to an alert to be triggered so further assessment and action can be taken.