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Fitch: ESG issues increasingly count

Environmental, social and governance (ESG) issues are an increasingly important factor in the development of credit risk ratings, Ian Linnell president of Fitch Ratings has told delegates at the CRU World Copper Conference in Santiago, Chile.

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Fitch produces an ESG exposure score with elements rated on a scale of one-to-five where three is neutral in that a risk is minimally relevant or it is well-managed, and four and five are relevant to