March 12, 2024
Housing association margins most at risk in London
Operating margins of English housing associations (HAs) are falling because of high inflation, escalating repair and maintenance costs and declining profitability on market sales.
Operating margins of English housing associations (HAs) are falling because of high inflation, escalating repair and maintenance costs and declining profitability on market sales.
Colleges and universities must navigate a range of challenges this year, including high leadership turnover, risks from AI and changes in state and federal aid.
Long term trends around inflation, societal polarization and digitalization continue to drive the prevalence of social incidents. As in 2022, Banks, Financial Services and Software sectors appear as the most exposed to ESG Incidents
High rates will chill investment and M&A while weighing on company balance sheets; relative strength supports North America, Asia-Pacific ex-China
Policy interest rates will remain at elevated levels in many countries despite inching down next year, straining borrower finances and funding access
Weak sentiment will strain sectors already facing difficulty like property, causing spillover effects to other industries. Slower global growth and geopolitical tensions add to challenges.
Companies in hard-to-abate sectors are slowly raising the ambition of their decarbonization goals. Some could find it harder to attract funding as banks steadily clamp down on emissions financing.
Despite diversified business models and healthy access to capital, continued capital spending on oil and gas production and insufficient non-hydrocarbon investments indicate sustained exposure to a rapid transition
Moody’s EMEA B3N List peaked during the 2020 pandemic and, following a brief recovery, has turned higher as central banks have aggressively raised rates to tame inflation
Issues such as food insecurity spur authorities to respond through policy and investment. Governments with limited fiscal capacity will struggle to meet public demands while restoring fiscal balance.