Attorney General Paxton has joined a Missouri-led multistate investigation into S&P Global for potential violations of consumer protection laws, a press release states.
This is the second investigation by state attorneys general into a company providing Environmental, Social, and Governance (ESG) ratings, based upon alleged consumer fraud and deceptive trade practices.
S&P’s published ESG credit indicators, ESG scores, and ESG evaluations appear to politicize what should be a purely financial decision and may deceptively confound the distinction between subjective opinions and objective financial facts.
Photo credit: setexasrecord.com
