In partnership for the goals? The level of agreement between SDG ratings
研究了五家评级机构对可持续发展目标（SDG）的评级一致性，发现一致性低，尤其在能源、医疗和基础材料行业，且不同评级导致投资组合表现差异，表明当前评级未能清晰反映企业贡献。
This study analyzes the level of agreement of Sustainable Development Goal (SDG) ratings across five different rating providers. It documents a low level of agreement that is particularly pronounced for companies from the Energy, Healthcare, and Basic Materials sectors. Moreover, the low level of agreement is mostly driven by some individual SDGs. When analyzing implications, we find different return characteristics and risk factor exposures of portfolios sorted according to SDG ratings of different rating providers. Overall, our analyses show that current SDG ratings fail to provide a clear signal of companies’ contribution to the SDGs which can have severe consequences for sustainability transitions and their financing.