Missing pieces: a better approach to sovereign ESG analysis - AllianceBernstein

The case for integrating ESG considerations into equity and corporate-credit research is well understood; however, the important role that ESG factors play in driving sovereign debt performance and broader economic and financial outcomes has not been articulated as clearly.

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... In developing a more rigorous ESG model, AllianceBernstein have created a framework that enhances traditional sovereign-credit analysis and provides fresh insights into the drivers of long-run economic performance. Their Global Economic Research team demonstrate that ESG pillars are actually the foundation that's the starting point for assessing economic and financial performance in both the emerging and developed worlds.

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