Portfolio Corporate ESG Risk Score
Sustainalytics assigns its Portfolio ESG Risk Ratings by combining a portfolio’s Corporate ESG Risk Rating and Sovereign ESG Risk Rating proportional to the relative weight of the (long-only) corporate and sovereign positions, rounded to the nearest whole number. Higher ratings indicate that a fund is, on average, invested in fewer companies or sovereign debt with a high ESG risk, and therefore exposed to less risk driven by E, S, or G factors.