Equita and Altis together to identify a new non-financial rating methodology for SMEs

Equita, the leading Italian independent investment bank, and Altis, the Graduate Business School and Society of the Università Cattolica del Sacro Cuore, today hosted an event to present the results of their study on ESG ratings for SMEs and to foster the dialogue on sustainability between corporates, institutions and investors.

Nowadays well-established methodologies are often used to assess the company’s ability to create value, generate opportunities and limit risk exposure. Those methodologies should not consider only economic and financial metrics but also ESG performances (environmental, social, governance).

The study “Sustainability: an ad-hoc assessment for SMEs” presented today at the Cattolica University of Milan investigated how ESG rating methodologies could improve the rating process for small and medium enterprises, also encouraging SMEs to value their strengths from an ESG perspective.

The presentation of the study was followed by a round table on sustainability with Marcello Bianchi (Deputy-Head, Assonime), Roberto Celot (CFO, Zignago Vetro), Simone Chelini (Head of Corporate Governance, Sustainability and Activists Strategies, Eurizon), Maria Laura Garofalo (CEO, Garofalo Health Care) and Barbara Lunghi (Head of Primary Markets, Borsa Italiana). Paolo Ciocca (Consob Commissioner) and Patrizia Grieco (Chairman of the Corporate Governance Committee and Chairman of ENEL) followed with their closing remarks.

To have more information about the initiative, please read the press release and the study (only in Italian) attached.