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23 AGs demand credit agencies explain ESG-driven fossil fuel downgrades.
Twenty-three state attorneys general have demanded that the three major credit rating agencies explain their recent downgrades of fossil fuel companies, alleging the decisions are driven by ESG criteria rather than objective financial analysis.
The officials accuse the agencies of advancing a politically motivated climate agenda and creating conflicts of interest.
Failure to comply could lead to enforcement actions.
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23 AG exigen a las agencias de crédito que expliquen las rebajas de calificación de combustibles fósiles impulsadas por ESG.