ESG Ratings – Policies
S&P Global Energy ESG Ratings Europe Limited supports compliance with applicable ESMA requirements through robust policies and procedures, complemented by transparent public disclosures.
Complaints Handling Policy
The Complaints Handling Policy provides a transparent process for receiving, assessing, and responding to complaints in a fair, timely, and impartial manner.
Model and Methodology Policy
The Model and Methodology Policy provides a transparent overview of the methodologies, models, and key assumptions used to produce ESG ratings, including the governance and review processes that support methodological consistency and integrity.
Disclosures for Public
Methodology and organizational-related disclosures are available on our public methodology page, providing transparent access to information on our ESG rating methodologies, models, key assumptions, and related governance processes.
Disclosure for Users and Issuers
The ESMA User and Issuer Disclosure Questionnaire and responses provide additional transparency on the methodologies, data sources, governance practices, quality controls, and methodology change processes that underpin our regulated ESG ratings and related products. These disclosures are intended to help users and issuers better understand how ratings are developed, maintained, and monitored over time. Additional public regulatory disclosures are available through methodology-specific addendums published alongside each applicable methodology document.
Conflicts of Interest Policy
S&P Global Energy ESG Ratings Europe Limited adheres to applicable regulatory requirements by maintaining effective arrangements to identify, manage, mitigate, and appropriately disclose actual or potential conflicts of interest.
Fair Pricing Policy
S&P Global ESG Ratings Europe Limited with support from its commercial affiliates (“SPGE ESG REL”) maintains a pricing framework for its regulated ESG rating products that is designed to support pricing that is fair, reasonable, transparent, and non-discriminatory. Pricing for ESG rating products is determined using objective and documented criteria within a common pricing framework. The pricing framework is supported by internal procedures, training and governance processes, including review and approval requirements for any discounts, exceptions or other departures from standard pricing parameters. SPGE ESG REL currently operates a subscription and non-subscription paid model for its regulated ESG rating products. Regulated ESG rating products are priced and invoiced separately from non-regulated products and services, with fees identified as separate line items for clients.