Fitch Ratings June 30, 2022
Fitch Ratings-London-30 June 2022: Healthcare and pharmaceutical companies have a large impact on the climate, although their vulnerability to climate-related credit risks varies, according to a new report by Fitch Ratings. Risks to creditworthiness are heavily influenced by business models, established asset bases or product portfolios as well as local regulations.
The hospital and services sector is diverse, ranging from real estate, asset-heavy hospitals and care homes to increasingly digital provision of services. Real estate-heavy healthcare companies face heightened capital and operating expenditure requirements to decarbonise their asset base, and opportunities for cost recovery may be constrained by local policy and regulation.
While the creation of pharmaceuticals is emissions intense when...