We could certainly have done without it. Europe’s summer is a stark reminder of the link between ESG — environmental, social and governance factors — and financial risk. Heatwaves, wildfires and water stress are undeniably having a tangible impact on assets, value chains, insurability, credit and growth prospects.  Financial institutions are not immune. Banks, driven by supervisory expectations, [...]

Cesce and EthiFinance Ratings join forces to accelerate Spanish companies’ access to global markets and financing.  Strategic Alliance: Cesce and EthiFinance Ratings Boost Business Internationalization Compañía Española de Seguros de Crédito a la Exportación (Cesce) and EthiFinance Ratings have signed a collaboration agreement to support Spanish companies in their international expansion and strengthen their access to financing.  As part of this agreement, Cesce will integrate EthiFinance Ratings’ credit ratings into its risk assessment processes for applications submitted under the State Account. This integration will streamline the [...]

[Paris & Frankfurt] – 09.07.2026 – EthiFinance and ESG Book, two established leaders in the global sustainability market, today announced a transaction to create one of Europe’s largest, independent credit and sustainability rating agencies. The move unites the complementary data, ratings, and analytics of the two companies to provide financial [...]

From 2 July, ESG rating providers operating within the European Union will, for the first time, be subject to a regulatory framework[1] and to supervision by ESMA (the European Securities and Markets Authority), which already oversees credit rating agencies. This unprecedented development reshapes the rules of the ESG market.[1] Regulation [...]

The EACRA – European Association of Credit Rating Agencies has announced the appointment of Adolfo Estévez as its new President, for a three-year term. This appointment comes at a pivotal time for the European credit rating sector, marked by increased regulatory requirements, growing sophistication in financial markets and the progressive [...]