EcoVadis named top Rating agencies by ERM Sustainability Institute

The ERM’s latest assessment of the ESG rating landscape finds that corporates continue to favor active raters for the quality and usefulness of their ESG ratings. While S&P Global ESG and CDP rank first and second for quality, EcoVadis jumped up the rankings to take third place (up from fifth place in 2023) and first place for usefulness (up from seventh place in 2023). The report indicates that “EcoVadis’ advancement reflects the growing popularity of supply chain sustainability insights”. Survey background and methodology ERM’s Rate the Raters has been tracking…

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Demand for ESG ratings remains strong but companies seek more alignment with reporting standards, according to ERM research

ERM’s latest assessment of the ESG rating landscape finds that corporate sustainability professionals continue to value and engage with ratings agencies but are taking a more selective approach based on stakeholder needs. Rate the Raters, developed by ERM’s Sustainability Institute, finds that most (84 percent) companies plan to continue engagement with ESG ratings and see them as an important part of their sustainability strategy. However, more than three-quarters (77 percent) also emphasize the need for closer ratings methodology alignment with leading mandatory and voluntary sustainability standards. Investor demand drives engagement…

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