S&P Drops ESG Scores in Debt Ratings Amid Investor Confusion (2)

S&P Global Inc. will no longer publish ESG scores along with its credit ratings, as the company adjusts its approach in response to investor feedback.

The update, which took place on Aug. 4, was triggered by expressions of confusion from investors who use S&P’s corporate credit ratings, according to a person close to the process who asked not to be identified discussing feedback that hasn’t been made public.

A spokesperson for S&P referred to a statement, in which the company said the “update does not affect our ESG principles, criteria or our research and commentary on ESG-related topics, ...