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

Our Latest Publications

This comprehensive report analyses the sustainability performance of approximately 1,900 European small and mid-sized enterprises (SMEs), drawing from EthiFinance’s 2024 ESG Rating assessment of company data from 2023. The analysis reveals key sustainability trends and performance patterns across 11 industry sectors and seven European geographic regions, providing valuable benchmarks for [...]

The importance of (and challenges facing) renewable generation and independent power producers (IPPs) in increasingly green Spanish and French electricity systems. Independent Power Producers (IPPs) are gaining ground thanks to lower technology costs, supportive regulation, and growing demand for clean energy. But challenges remain: price volatility, grid constraints, and financing [...]

After the contraction of the real estate market in 2023 due to inflation and rising interest rates, the sector started to recover in 2024 thanks to a reduction in the cost of financing and a rebound in sales. By 2025, this trend is expected to consolidate, although limited supply will [...]

As a European credit rating agency with a strong focus on the Spanish and French markets, EthiFinance Ratings has taken a keen interest in how 2024 proved to be another year of sustained growth for the tourism industry, continuing the upward trend seen since the pandemic. Indeed, tourism minister Jordi [...]

FOUR YEARS OF BOND ISSUANCE IN EUROPE – EXPERT ANALYSES In recent years, the European public sector has played a prominent role in scaling up the Green, Social, and Sustainable (GSS) bond market, reflecting both increasing investors’ demand for impact-driven instruments and strong policy support for sustainable finance.   Issuers such [...]