Standard Ethics
Acronym: SE
General Information
Identification Code: 966084442544-57
Website: [object Object]
Entity Form: Ltd
Registration Category: Companies & groups
Registration Date: 4/29/2021
Last Update: 2/27/2024
EP Accredited Number: 0
Mission & Interests
Goals: Standard Ethics is a Self-Regulated Sustainability Rating Agency that issues Non-Financial Ratings. Its clients are companies (listed and unlisted) that have applied to Standard Ethics for a sustainability rating (Applicant-pay Model).
Standard Ethics does not use data collected outside the client agreement, nor does it engage in asset management activities, or advise third parties. The disclosure of any rating action is regulated by procedures.
Standard Ethics issues unsolicited ratings where it intends to offer stakeholders indices-benchmarks. Standard Ethics Indices are Open Free Sustainability Indices and offer full disclosure: the methodology, selection criteria, weights and calculation formula are public and can therefore be used for free as a benchmark by decision makers and stakeholders.
Interests Represented: Promotes their own interests or the collective interests of their members
Interests:
- Banking and financial services
- Climate action
- Competition
- Digital economy and society
- Economy, finance and the euro
- Education and training
- Employment and social affairs
- Energy
- Environment
- Fraud prevention
- Justice and fundamental rights
- Research and innovation
- Single market
- Taxation
Levels of Interest:
- global
Activities
Main EU Legislative Proposals: We are in regular discussion with FISMA regarding our main activities: ESG Ratings
Communication Activities: In order to contribute to a wider discussion on the development of ESG (Environmental, Social and Governance) rating, Standard Ethics has published the following paper: POST-CRISIS ESG. From a "Ptolemaic" approach to a "Copernican" vision. ESG Methodological Overview. Edit by Standard Ethics, Research Office. March 2021.
A methodological overview that offers theoretical insights derived from Standard Ethics' research and its experience in the field.
On Wednesday 14 April 2021 (at 11.30am CET), the Standard Ethics Research Office met with two staff members from the Directorate-General for Financial Stability, Financial Services and Capital Markets Union - DG FISMA, Unit C/1 - Corporate reporting, audit and credit rating agencies, to explain the methodology it uses to issue ESG ratings based on the "applicant pay model".
The following documents were also presented: "ESG Methodology Overview 2021-1 (second edition)" which provides an overview of the approach adopted by Standard Ethics and two examples of a "Final Report", a final document provided following request for a Corporate Rating.
The objective of updating the EU, OECD and UN on the methodologies adopted by Standard Ethics is part of the activities of the communications and relations office.
No other meetings were held in the previous 24 months.
On 12 May 2022, the Agency was invited to a meeting with DG FISMA to once again discuss ways of working in advance of the Call for Evidence on ESG Ratings.
On 8 September 2022, the Agency was invited again to meet with DG FISMA to discuss the potential costs of an EU intervention for rating providers.
There have been no further activities related to EU policies in 2023.
Inter-institutional or Unofficial Groupings: N/A
Head Office
Address: Great Portland Street - Fifth Floor 167-169
City: London
Country: UNITED KINGDOM
Phone: [object Object]
EU Office
Address: Great Portland Street - Fifth Floor 167-169
City: London
Country: UNITED KINGDOM
Phone: [object Object]
Financial Data
New Organisation: false
Closed Year: [object Object]
Current Year: [object Object]
Membership Information
Members10 Percent: 0
Members25 Percent: 1
Members50 Percent: 0
Members75 Percent: 0
Members: 1
Members F T E: 0.25
Structure
Structure Type: Structure
Is Member Of: N/A