The investment in STGF aligns with Moody’s ongoing global commitment to promoting transparent standards for evaluating ESG risks. Locally, the investment strengthens Moody’s presence and engagement in China and its financial markets, with a focus on supporting long-term, sustainable growth and contributing to the healthy development of ESG markets.

Sectors facing high social risk can be broadly grouped into four categories: emerging market governments; healthcare and education sectors; heavy industries reshaped by environmental and social forces; and consumer sectors at risk of socially driven regulatory tightening.

Local government exposure to projected heat stress varies widely by geography. Data from climate intelligence firm Four Twenty Seven and Moody’s indicate that the Southeast and Midwest have more debt exposed than other regions.

Half of global automakers are not in a strong position to handle the transition to a low-carbon future, due to requiring a step change in the volume of production of electric vehicles