The ESG Weekly: Facebook and The Downgrade

By: ESG Now

November, 2020

 

We downgraded Facebook from a BBB to a B; but why? Well, it has to do with a little something called governance, and the fact that we revamped how we assess governance in our ESG ratings model. Today, we discuss the Facebook downgrade and the changes to how we assess corporate governance in our ESG ratings model.

 

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