EthiFinance Ratings licence consolidation

Following the acquisition in February 2022 of the Spanish rating agency Axesor, EthiFinance operated under two rating licences: EthiFinance Ratings and Qivalio.

In line with the rationalisation of its brands and for greater transparency and clarity, EthiFinance therefore applied to ESMA to withdraw its Qivalio licence on 29 November 2022.
All its rating activities are now grouped under a single licence, EthiFinance Ratings, formerly Axesor.

With this decision, EthiFinance reinforces its strategy of development and support for its clients in Europe.

Welcome to Europe’s Leading Independent Rating Agency!

EthiFinance and ESG Book unite to form one of Europe’s largest independent credit & sustainability rating agencies.

The new group combines ESG & credit ratings, robust public and private datasets, advanced modelling capabilities, in‑depth global ESG data, and a state‑of‑the‑art tech platform.

Stay tuned for further updates in September, following the summer break!