CRU Group and Fitch Ratings today announced an expansion of their existing strategic agreement to include carbon emissions data. The combined research applies to all Fitch-rated issuers in the mining, metals and fertiliser sectors.
The decision to expand the cooperation to include CO2 emissions data follows the increasing importance of ESG factors to corporate credit risk and a positive reception from market participants to the existing cooperation in the metals and mining and fertiliser sectors. The inclusion of CRU’s carbon emissions data will add to the granularity and transparency of Fitch’s credit analysis of a sector with large investment needs for green metals development and decarbonisation of metals and mining own operations.
The partnership between Fitch and CRU commenced in 2017 and has successfully provided investors with enhanced analytical insight into key rating drivers, individual and industry cost dynamics, as well as direct contact with Fitch's and CRU’s global team of analysts.
