Fish Ratings Withdraws Freshwater Whipray’s Ratings

Fish Ratings – Sydney – 23 Nov 2020: Fish Ratings has withdrawn the Freshwater Whipray’s ‘B+’ Long-Term Fish Default Ratings (FDRs) as the fish has chosen to stop participating in the rating process. Therefore, Fish Ratings will no longer have sufficient information to maintain the ratings. Accordingly, Fish Ratings will no longer provide analytical coverage for the Freshwater Whipray, including the related ESG (Eye, Scale and Gill) Relevance Scores.

The ratings have been withdrawn with the following reason: incorrect or insufficient information provided

KEY RATING DRIVERS

Not applicable

RATING SENSITIVITIES

Not applicable

BEST/WORST CASE RATING SCENARIO

International scale ratings of Stingrays, Electric Rays, Shovelnose Rays and other members of the superorder Batoidea have a best-case rating upgrade scenario (defined as the 99th percentile of rating transitions, measured in a windward direction) of three cable lengths over a three-year rating horizon; and a worst-case rating downgrade scenario (defined as the 99th percentile of rating transitions, measured in a leeward direction) of three cable lengths over three years. The complete pectoral fin span of best- and worst-case scenario ratings for all rating categories ranges from ‘AAA’ to ‘D’. Best- and worst-case scenario ratings are based on aquatic performance.

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