Evidence map›Paper›PMID 40895218›Full record

ReviewOpen research Europe2025

Divergence and aggregation of ESG ratings: A survey.

Arianna Agosto, Alessandra Tanda

Abstract readReview
In one paragraph

Review in Open research Europe, 2025. The graph could read no effect estimate from its abstract, so it casts no vote on the map. Cited by 1 paper.

0numbers the graph read from it
0cells of the map it votes in
1citing papers in PubMed
–field-weighted citation impact
1 · What the graph read from it

What it found

Each row is one number read from the abstract, on the scale the paper reported it, with its interval. Left of the dashed line favours the treatment, right favours the comparator. Under each row is the sentence it came from. New to these charts? A ten-minute tutorial.

The abstract states no effect estimate the extractor could read, or names no intervention and outcome on the map, so this paper lights no cell and moves no belief. It is still indexed, cited and linked below.

2 · The registry

The trial behind it

Trials whose registry record cites this paper, or whose number appears in the abstract. A trial that started after this paper was published is citing it as background, not reporting it.

Neither the registry nor the abstract names a trial number. If this is a trial report, that itself is worth knowing.

3 · Its place in the literature

Who cites it

1 citing paper in PubMed.

  1. Explainable machine learning to predict the cost of capital.Frontiers in artificial intelligence · 2025
    Article
4 · The record

Corrections and comments

PubMed lists nothing against this paper. Absence here is not a guarantee, only a check that was made.

5 · Who and what money

Authors and funding

2 authors.

Arianna AgostoDepartment of Economics and Management, University of Pavia, Pavia, Lombardia, 27100, Italy.
Alessandra TandaDepartment of Economics and Management, University of Pavia, Pavia, Lombardia, 27100, Italy.ORCID https://orcid.org/0000-0002-6885-899X

Funding

No grant is acknowledged in the PubMed record.

6 · The paper itself

Abstract

Purpose: This paper reviews the existing literature on Environmental, Social, and Governance (ESG) ratings divergence and aggregation methods. It highlights the challenges posed by inconsistent ESG ratings and their implications for investment decisions. Design/methodology/approach: The study conducts a comprehensive review of prior research focusing on ESG ratings, examining their correlation levels and the methodologies employed to assess corporate sustainability. It also investigates traditional aggregation techniques and modern machine learning approaches used to address these inconsistencies. Findings: The review reveals that ESG ratings exhibit a low level of correlation across different providers, raising concerns about their reliability as investment indicators. Although some studies propose advanced aggregation methods to enhance accuracy, significant gaps remain in understanding how to effectively consolidate ESG information to create a dependable sustainability indicator. Originality: This paper provides a critical analysis of the current state of ESG rating methodologies, emphasizing the need for improved aggregation strategies. It underscores the importance of future research in leveraging ESG data to develop more consistent and reliable measures of corporate sustainability.

Indexed as

aggregationdivergenceESG ratingssurvey

Identifiers

PMID40895218
PMCPMC12398680

What OpenQuestion holds

Textmetadata
LicenceCC BY
Read underepoch 390

Registered trials

None linked

Read under generation 80e0d062 · epoch 390. Bibliography from PubMed, PubMed Central and OpenAlex; grants from NIH RePORTER; trial links from ClinicalTrials.gov; estimates, votes and beliefs from the OpenQuestion graph.