S&P Global Ratings Publishes ESG Overview Of Global Sovereigns News provided by Share this article Share this article PARIS, Feb. 3, 2021 /PRNewswire/ -- S&P Global Ratings has today published its "ESG Overview: Global Sovereigns." The report discusses environmental, social, and governance (ESG) credit factors that inform our analysis of 135 sovereign governments we rate globally. ESG credit factors are important to our analysis of sovereign creditworthiness and are embedded in several of our rating factors. Changes in ESG credit factors therefore influence--positively and negatively--our sovereign ratings and outlooks (see "How Environmental, Social, And Governance Factors Help Shape The Ratings On Governments, Insurers, And Financial Institutions," published Oct. 23, 2018, on RatingsDirect). ESG can affect a broad range of rating factors we examine to determine our sovereign ratings, as described in "The Role Of Environmental, Social, And Governance Credit Factors In Our Ratings Analysis," published Sept 12, 2019.