---
title: "Game of bonds: reassessing sovereign credit ratings"
---

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# ESG Spotlight | Game of bonds: reassessing sovereign credit ratings

![ESG scores and CRA ratings](https://connect.sustainalytics.com/hs-fs/hubfs/Design%20and%20images/Graphs/ESG%20scores%20and%20CRA%20ratings.jpg?width=497&height=322&name=ESG%20scores%20and%20CRA%20ratings.jpg "ESG scores and CRA ratings")

In this Spotlight report, we build on this interest by developing a new approach for connecting ESG and credit rating agency (CRA) data. The first part of our analysis looks at the correlation between ESG scores and CRA ratings, and the relationship between changes over time in ESG scores (ESG momentum) and gross domestic product (GDP) per capita growth.

## Download the Report

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