ESG pressures weigh heavily on auto industry, says S&P Global Ratings’ Vittoria Ferraris in Automotive World

As environmental, social, and governance (ESG) considerations continue to be pushed to the fore of investors’ considerations, the automotive industry is feeling the pressure.

Speaking to Automotive World, Vittoria Ferraris, Senior Director, S&P Global Ratings, warns that while the industry has long dealt with pressures relating to the environmental impact of their products, these will be felt more strongly than ever, with growing numbers of climate-related regulation—and subsequent fines for non-compliance—threatening to reduce profitability. What’s more, as ESG considerations proliferate, the automotive sector is increasingly addressing social and governance factors as well.

To read the full article, please click here (behind paywall).