Bank Ratings Get Sex-Equality Revamp, Exposing Nordic Edge
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A bank’s credit metrics may soon rely more on how seriously it views equality between the sexes, according to DBRS Morningstar.
The ratings firm says a clear focus on gender diversity puts lenders in a better position to live up to the environmental, social and governance goals that investors increasingly demand. And it’s a category in which Nordic banks are already ahead, DBRS says.