MSCI says cuts ESG Government Ratings of Russia and Belarus
LONDON, March 1 (Reuters) - MSCI, which ranks companies and countries on their environmental, social and governance (ESG) performance, said on Tuesday it had downgraded Russia and Belarus in response to the invasion of Ukraine.
LONDON, March 1 (Reuters) - MSCI, which ranks companies and countries on their environmental, social and governance (ESG) performance, said on Tuesday it had downgraded Russia and Belarus in response to the invasion of Ukraine.
MSCI said it had cut Russia to 'B' from 'BBB' and Belarus to 'B' from 'BB' with immediate effect. Ratings range from 'AAA', the highest, to 'CCC', the lowest, it said, adding that both had a negative outlook.
