Nonfinancial companies – Europe: Social, environmental and digital trends will drive M&A across a range of sectors
13 Apr 2021|Moody's Investors Service
Cheap debt, strong liquidity and private equity demand will also continue to fuel M&A, but the uneven recovery and high debt burdens will limit transactions in some sectors.
31 Mar 2021|Moody's Investors Service
The loss of women’s income will constrain income and consumption tax revenues for states and local governments, while denting women’s enrollment in higher education. If women have difficulty reentering the workforce, they will have more trouble paying mortgages and rent, a negative for the housing sector.
Sovereign – Europe: Education policy shifts into focus amid labour market and digitalisation challenges
06 Apr 2021|Moody's Investors Service
An in-depth analysis of the links between education and sovereign creditworthiness following the launch of the sovereign ESG scores with a special focus on the EU.
05 Mar 2021|Moody's Investors Service
Marie Diron of the Sovereign team discusses our launch of scores measuring exposure to and credit effect from environmental, social and governance factors. She highlights that, while exposure to environmental and especially social risk often combines with weak governance and limited financial capacity to have an overall negative credit effect on sovereigns, circumstances vary widely.
29 Mar 2021|Moody's Investors Service
Four of the world's biggest integrated oil companies' financial policies drive divergent recovery in credit metrics, with responses to long-term energy transition risk also diverging.
Building Materials – Europe: EU's drive to cut carbon is a risk for cement makers' credit quality over next 10 years
25 Mar 2021|Moody's Investors Service
Costs of tougher proposed carbon regulation could put profitability and cash flow at risk.
Sector In Depth
Sovereign – Europe: Effective policymaking helps A2 sovereigns weather the crisis, but rule of law and corruption still a challenge for some
08 Dec 2020|Moody's Investors Service
Challenges to judicial independence in Poland and corruption in Malta and Slovakia heighten political risks and pose challenges for their economic development over the longer term.
Sector In Depth
ESG – Emerging Markets: ESG risks are prevalent, especially in public sector; governance is cited most frequently
25 Nov 2020|Moody's Investors Service
Environmental, social and governance risks are often higher in emerging markets than in developed markets and debt issuers' capacity to address these risks is often weaker.