2020年6月16日

穆迪投资者服务公司（Moody's Investors Service）进行的一项新分析显示，烟草业拥有1,750亿美元的额定债务，具有很高的“社会信用风险”。

穆迪高级副总裁兼报告作者罗伯托·波齐( Roberto Pozzi)说：“可燃烟草的健康危害是造成该较高社会信用风险的主要原因，但其他驱动因素还包括客户关系、责任生产以及人口和社会趋势。”

他补充说，替代产品可能有助于抵消社会风险对信贷的负面影响。

上周，穆迪（Moody）着手探讨影响高风险行业信用的社会风险系列，共14部分，着眼于全球博彩业。 该系列研究了多个行业的社会问题对信贷的影响，这些行业的额定债务总额约为8万亿美元。

Moody’s: Tobacco Has High Social Credit Risk

June 16, 2020

With $175 billion of rated debt, the tobacco industry has a high “social credit risk,” according to a new analysis by Moody’s Investors Service analyzing 82 global sectors.

“While combustible tobacco’s health dangers are the main reason for the sector’s high social credit risk, other drivers include customer relations, responsible production and demographic and societal trends,” said Roberto Pozzi, Moody’s senior vice president and author of the report.

Alternative products, he added, may help offset the negative credit impact of social risks.

Last week, Moody’s kicked off its 14-part series on social risks impacting credit in high-risk sectors with a look at the global gaming industry. The series examines the credit impact of social issues in multiple industries with roughly $8 trillion in combined rated debt.