About EASRA
EASRA stands for the European Association of Sustainability Rating Agencies.*
Established in Paris in 2023, our association aims to represent European providers of ESG and sustainability ratings and data providers in front of EU regulators and other stakeholders. EASRA members stand for high quality of ESG data, transparency, rigor, independence and the promotion of double materiality. We believe that our collective mission is critical to help channel private investment into the transition to a sustainable and fair European economy and allow for informed financial decision making. We support an ESG ratings industry that provides more transparency, avoids conflicts of interest and applies clear processes.
* In French: Association Européenne des Agences de Notation Extra-Financière (AEANEF)
Manifesto
The large majority of ESG rating providers have their roots in Europe. Consolidation of this market has been very active over the past decade, and many market participants are now headquartered outside of Europe.
ESG issues are however approached differently in different global regions when it comes to the assessment and weighing of risks and opportunities linked to the environment, social matters and corporate governance. It is essential that European entities be able to assert their own standards – as much aligned with one another as possible.
European
ESG rating providers have become essential in supporting vibrant financial markets, similar to market infrastructures, credit rating, or proxy voting agencies.
EASRA therefore calls on European legislators to support suppliers ultimately controlled by European owners.
Double Materiality
EASRA is committed to operationalise the concept of double materiality, a cornerstone of the overall European regulatory framework for sustainable finance.
We support a more long term and extensive approach to ESG, considering negative and positive impacts of economic activity on all current, past and future stakeholders.
Support SMEs
Small and mid-sized companies play a crucial role in the European economy, and it is necessary to include them effectively in the just transition. EASRA is committed to providing ESG information on economic activities throughout Europe, so as to allow for holistic sustainable financial decision making. This includes providing sustainability information and data on companies of all sizes, including small and medium sizes ones.
