EthiFinance Appoints Walther von Schultzendorff as Managing Director of EthiFinance Germany

Paris/Frankfurt, 27 October 2026 – EthiFinance, a leading independent European provider of sustainability and credit ratings and related financial solutions, announces the recent appointment of Walther von Schultzendorff as Managing Director of EthiFinance’s German entities, EthiFinance GmbH and ESG Book GmbH.
In his new role, Walther von Schultzendorff is responsible for further developing the Group’s growth strategy across Germany, Austria and Switzerland. He will lead business development in the region, deepen strategic client relationships and further strengthen EthiFinance’s position as a trusted partner to financial institutions and corporates seeking independent ESG and credit expertise.
His appointment follows the combination of EthiFinance and ESG Book, which brings together deep European credit and sustainability expertise with global data, analytics and technology capabilities.
Walther von Schultzendorff brings around 15 years of experience at the intersection of finance, sustainability and data intelligence. Before joining EthiFinance, he served as Vice President of Sales & Marketing and a member of the Executive Committee at ESG Book, where he led global commercial functions and contributed to scaling the business into a leading sustainability data and technology platform. He had previously built and commercialised the firm’s advisory and solutions business, advising corporates and financial institutions on sustainability, ESG risk and transformation priorities.
Earlier in his career, he worked in Deutsche Bank’s Global Markets team, financing and advising infrastructure and energy transactions worldwide, particularly in the context of the broader energy transition. He holds an MBA from IESE Business School.
Carol Sirou, CEO of EthiFinance Group, comments:
“Walther von Schultzendorff joins EthiFinance at a pivotal time for our Group. The integration of ESG Book has strengthened our ability to serve clients across new geographies while remaining firmly anchored in the markets where our expertise has been built over decades, including Germany. His appointment embodies our commitment to combining international reach with local knowledge.”
Walther von Schultzendorff, Managing Director of EthiFinance Germany, adds:
“The DACH region is central to Europe’s sustainable transition. By combining EthiFinance’s European credit and sustainability expertise, imug’s deep knowledge of German-speaking markets, and ESG Book’s global data and technology capabilities, we are uniquely positioned to meet clients’ specific needs with decision-ready insights that connect local realities with global trends.”
About EthiFinance
Founded in 2004, EthiFinance is a leading European sustainable finance company specialising in both ESG and credit ratings. Over the past ten years, the Group has pursued a strategic consolidation path and today employs more than 250 people, mainly based in Europe. Its teams serve over 500 clients – including investors, banks and corporates – across the entire sustainable finance value chain, offering a comprehensive range of solutions that spans data provision, expert ratings and assessments, and the development of forward-looking models, now with global coverage. The Group’s ratings are supervised by ESMA (European Securities and Markets Authority). EthiFinance is an active member of EACRA (European Association of Credit Rating Agencies) and EASRA (European Association of Sustainability Rating Agencies).
Press contact:
Name: Dr. Andreas Jaensch
Email: andreas.jaensch@newmark.de
Phone: +49 151 41 26 83 75
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