By Connie Gentry – Freelance Writer, Triangle Business Journal

Aug 12, 2022

In what has become the summer of discontent across the stock market, Nasdaq finally recorded a success: On July 26, the stock exchange announced its ESG rating had risen from a mediocre BBB to an impressive AA, placing Nasdaq firmly in the leadership category within its industry for environmental, social and governance (ESG) resiliency.

The ratings are awarded by Morgan Stanley Capital International (MSCI), which evaluates more than 8,500 companies based on their ability to manage financially material ESG risks relative to peers in their specific industry. While MSCI has been assessing and measuring ESG performance for over 40 years, the principals of ESG have only recently gained solid purchase in the marketplace. READ MORE…