Methodology for assigning ESG ratings
The article presents study results of methodologies for assigning indices and ESG rating, ESG ranking by the largest Russian rating agencies: Analytical Credit Rating Agency, National Rating Agency, Expert RA JSC, and the Russian Union of Industrialists and Entrepreneurs. Growth of negative impact o...
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Format: | Article |
Language: | English |
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Publishing House of the State University of Management
2023-09-01
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Series: | Вестник университета |
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Online Access: | https://vestnik.guu.ru/jour/article/view/4656 |
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author | D. V. Zhatikova P. S. Scherbachenko |
author_facet | D. V. Zhatikova P. S. Scherbachenko |
author_sort | D. V. Zhatikova |
collection | DOAJ |
description | The article presents study results of methodologies for assigning indices and ESG rating, ESG ranking by the largest Russian rating agencies: Analytical Credit Rating Agency, National Rating Agency, Expert RA JSC, and the Russian Union of Industrialists and Entrepreneurs. Growth of negative impact on the environment and aggravation of social and corporate problems have been outlined as relevance reasons of the issue. Theoretical bases of three key blocks (ecology (E), society (S), corporate governance (G)) have been stated. Known rating scales for assessing the level of sustainable development of Russian enterprises have been analyzed and distinctive features found. The influence of a company’s position in the sustainable development rating on construction of long-term trusting relations of the organization with investors, counterparties, consumers, staff, mass media, and expert community, as well as public authorities has been emphasized. As a result of the research work the authors have proposed their own methodology for assigning ESG ratings that can serve as a basis for generalizing all the technologies available in the market to assess companies’ compliance with the ESG agenda. |
format | Article |
id | doaj-art-9f9b69f0fd364df9b038c175fcbaf894 |
institution | Kabale University |
issn | 1816-4277 2686-8415 |
language | English |
publishDate | 2023-09-01 |
publisher | Publishing House of the State University of Management |
record_format | Article |
series | Вестник университета |
spelling | doaj-art-9f9b69f0fd364df9b038c175fcbaf8942025-02-04T08:28:17ZengPublishing House of the State University of ManagementВестник университета1816-42772686-84152023-09-01089910810.26425/1816-4277-2023-8-99-1082867Methodology for assigning ESG ratingsD. V. Zhatikova0P. S. Scherbachenko1Financial University under the Government of the Russian FederationFinancial University under the Government of the Russian FederationThe article presents study results of methodologies for assigning indices and ESG rating, ESG ranking by the largest Russian rating agencies: Analytical Credit Rating Agency, National Rating Agency, Expert RA JSC, and the Russian Union of Industrialists and Entrepreneurs. Growth of negative impact on the environment and aggravation of social and corporate problems have been outlined as relevance reasons of the issue. Theoretical bases of three key blocks (ecology (E), society (S), corporate governance (G)) have been stated. Known rating scales for assessing the level of sustainable development of Russian enterprises have been analyzed and distinctive features found. The influence of a company’s position in the sustainable development rating on construction of long-term trusting relations of the organization with investors, counterparties, consumers, staff, mass media, and expert community, as well as public authorities has been emphasized. As a result of the research work the authors have proposed their own methodology for assigning ESG ratings that can serve as a basis for generalizing all the technologies available in the market to assess companies’ compliance with the ESG agenda.https://vestnik.guu.ru/jour/article/view/4656esg ratingrating objectrating methodologysustainable developmentrankingesg assessment tools |
spellingShingle | D. V. Zhatikova P. S. Scherbachenko Methodology for assigning ESG ratings Вестник университета esg rating rating object rating methodology sustainable development ranking esg assessment tools |
title | Methodology for assigning ESG ratings |
title_full | Methodology for assigning ESG ratings |
title_fullStr | Methodology for assigning ESG ratings |
title_full_unstemmed | Methodology for assigning ESG ratings |
title_short | Methodology for assigning ESG ratings |
title_sort | methodology for assigning esg ratings |
topic | esg rating rating object rating methodology sustainable development ranking esg assessment tools |
url | https://vestnik.guu.ru/jour/article/view/4656 |
work_keys_str_mv | AT dvzhatikova methodologyforassigningesgratings AT psscherbachenko methodologyforassigningesgratings |