NEW YORK--(BUSINESS WIRE)--KBRA releases an update to its research that maps the EPA’s Greenhouse Gas (GHG) score as well as annual metric tons of carbon dioxide (CO2) emissions to make/model/year information provided in auto loan asset-level disclosure for 300 securitized loan pools across 18 auto loan ABS issuers.
The report includes a data file containing eight newly issued securitized loan pools since our last update in August 2023. Consistent with all previous updates, securitizations issued by Asian manufacturers were generally found to be more environmentally friendly than those issued by their U.S. counterparts, and lower income borrowers were generally found to finance more environmentally friendly vehicles than their more affluent counterparts.
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About KBRA
KBRA is a full-service credit rating agency registered in the U.S., the EU and the UK, and is designated to provide structured finance ratings in Canada. KBRA’s ratings can be used by investors for regulatory capital purposes in multiple jurisdictions.
