Standard Ethics Rating

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Action Date	Description	ISIN	Industry	Rating To	Outlook	Rating From	Outlook
10 Jul 2025	Sofina	BE0003717312	Specialty Finance	E+	Stable	E	Stable
31 Oct 2024	Adyen	NL0012969182	Specialty Finance	EE-	Stable	EE-	Stable
14 Sep 2023	Mastercard In Control for Commercial Payments	US57636Q1040	Specialty Finance	EE	Stable
27 Apr 2023	Nexi	IT0005366767	Specialty Finance	E	Positive	E	Positive
16 Sep 2020	Nexi	IT0005366767	Specialty Finance	E	Positive
23 Jun 2020	Wirecard	DE0007472060	Specialty Finance	Suspended		EE-	Stable
14 May 2020	Adyen	NL0012969182	Specialty Finance	EE-	Stable	Pending
31 Oct 2019	Adyen	NL0012969182	Specialty Finance	Pending
20 Dec 2018	Wirecard	DE0007472060	Specialty Finance	EE-	Stable
15 Nov 2017	Visa	US92826C8394	Specialty Finance	EE	Stable
27 Sep 2017	Sofina	BE0003717312	Specialty Finance	E	Stable
01 Jul 2015	Ackermans & van Haaren	BE0003764785	Specialty Finance	E+	Stable

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Rating Actions

This page contains all rating actions that have resulted in changes to the current Standard Ethics Ratings (SER). These changes are accompanied by a technical note which already forms part of the official press release, which can be downloaded directly. The note includes details of the rating action carried out, the type of rating assigned, the aggregate Standard Ethics Rating (SER) assessment (with E, S and G values provided in a footnote) and an explanation of the rating methodology. Please note that this table does not contain all ratings issued by Standard Ethics. The Agency only publishes the ratings of those companies belonging to Standard Ethics Clusters (formerly known as Indexes or Benchmarks). All companies are constantly monitored by the Agency's analysts.