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ESG Credit Indicator Report Card: Consumer Products

Environmental risks are typically a neutral consideration in our credit analysis of consumer products, including branded consumer durables. Less than 5% of issuers' credit quality is moderately negatively influenced by waste and pollution, physical risks, and climate transition risk. Our analysis of a small handful of consumer products issuers was positively influenced by their business model and product choices, which enable a proactive approach to environmental risks for their customers, counterparts, and end consumers.

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