ESG factors relevant to creditworthiness

Fedafin has been a signatory of the "Statement on ESG in credit risk and ratings" by PRI since August 2018. We share the common vision of improving the systematic and transparent consideration of ESG factors in credit risk and ratings.

It should be noted that, as an independent credit rating agency, fedafin continues to give its opinion in the form of credit ratings exclusively on the probability of default and related parameters such as "loss given default" or "expected loss".