This report does not constitute a rating action. S&P Global Ratings includes a reference in its credit rating rationales when one or more of the ESG factors below were a key driver behind a change to the credit rating, outlook, or CreditWatch status. We consider ESG credit factors to be those that can materially influence the creditworthiness of a rated entity or issue and about which we have sufficient visibility and certainty to include in our credit rating analysis. They are not an assessment of an entity's sustainability profile or ESG performance. This report provides additional data and insights on ESG credit factors that have been key drivers behind changes to our credit ratings. All 2026 ESG-related rating actions, as
