A solid financial foundation to create a virtuous city

Ethifinance ESG Ratings is a non-financial rating agency specialized in assessing the Environmental, Social, and Governance (ESG) performance of companies. Through a rigorous and transparent methodology, Ethifinance provides investors, companies, and institutions with objective analyses to help integrate sustainability challenges into their decision-making processes. The agency stands out for its European roots, its strong focus on SMEs and mid-caps, and its commitment to promoting more responsible finance.

Kaufman & Broad received the 2024 EthiFinance Gold Certificate in recognition of its ESG performance in 2023.

The CDP is an international non-profit organization that manages one of the world’s largest environmental databases. The CDP assesses more than 5,800 companies each year and encourages investors, companies, states and regions to measure their impact and take action. An organization’s overall environmental impact is calculated through responses to various CDP questionnaires.

MSCI’s ESG ratings measure a company’s management of financially relevant ESG risks and opportunities. They use a specific methodology to identify ESG leaders and laggards based on their exposure to ESG risks and how they manage those risks relative to their peers. The MSCI ESG Rating assesses more than 8,500 companies (14,000 issuers, including subsidiaries) and more than 680,000 equities and fixed income securities worldwide (as of October 2020), collecting thousands of data points for each company. Ratings range from the most advanced (AAA, AA) to the least advanced (B, CCC) to the average (A, BBB, BB).

Fitch Ratings Ltd. is a U.S.-based international credit rating agency. The ratings it awards enable investors to better assess risks.

Its ratings are based on several criteria, such as the nature of the debt held, the ability to cope with economic variations, or the capacity to carry out structural reforms. The agency currently rates debt issuers in over 90 countries.

Sustainable Fitch provides information, tools and data that have been entirely and exclusively designed to bring clarity to the ESG financial community.

The organization assesses a company’s activities from an environmental and social perspective, as well as the quality of its governance. This assessment determines the organization’s ESG rating.