Rating Definitions
Korea Ratings assigns Entity ESG Rating in seven rating categories ranging from AAA(ESG)to CCC(ESG).
In addition to the Entity ESG Ratings, Factor Grades of Environmental, Social, and Governance factors are provided as well. Factor Grade Scale is the same as the Entity ESG Rating Scale.
Rating | Definition | |
---|---|---|
AAA(ESG) | Excellent | Overall ESG outcomes including the level of management of ESG risks and opportunities of the rated entity are excellent |
AA(ESG) | ||
A(ESG) | Moderate | Overall ESG outcomes including the level of management of ESG risks and opportunities of the rated entity are moderate |
BBB(ESG) | ||
BB(ESG) | ||
B(ESG) | Insufficient | Overall ESG outcomes including the level of management of ESG risks and opportunities of the rated entity are insufficient |
CCC(ESG) |