Standard Ethics Rating

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Action Date	Description	ISIN	Industry	Rating To	Outlook	Rating From	Outlook
03 Jul 2026	Tamburi Investment Partners	IT0003153621	Financial Services	EE-	Stable	EE	Stable
10 Dec 2025	BFF Bank	IT0005244402	Financial Services	EE-	Positive	EE-	Stable
03 Dec 2025	3i Group	GB00B1YW4409	Financial Services	EE	Stable	EE	Stable
01 Dec 2025	Tamburi Investment Partners	IT0003153621	Financial Services	EE	Stable	EE	Stable
26 Jun 2025	Scottish Mortgage Investment Trust	GB00BLDYK618	Financial Services	E+	Stable
17 Dec 2024	BFF Bank	IT0005244402	Financial Services	EE-	Stable	E+	Positive
20 Nov 2024	Nationwide Building Society	GB00BBQ33664	Financial Services	EE-	Stable
05 Sep 2024	Tamburi Investment Partners	IT0003153621	Financial Services	EE	Stable	EE	Stable
18 Mar 2024	Eco Sisma Bonus Securitisation Programme		Financial Services	EEE-	Stable	EEE-	Stable
21 Nov 2023	BFF Bank	IT0005244402	Financial Services	E+	Positive	E	Stable
13 Jul 2023	Tamburi Investment Partners	IT0003153621	Financial Services	EE	Stable	EE-	Positive
14 Feb 2023	Eco Sisma Bonus Securitisation Programme		Financial Services	EEE-	Stable	EEE-	Stable
03 Nov 2022	BFF Bank	IT0005244402	Financial Services	E	Stable
13 Jul 2022	Tamburi Investment Partners	IT0003153621	Financial Services	EE-	Positive	EE-	Stable
01 Mar 2022	Eco Sisma Bonus Securitisation Programme		Financial Services	EEE-	Stable
29 Nov 2021	Tamburi Investment Partners	IT0003153621	Financial Services	EE-	Stable
27 Sep 2017	3i Group	GB00B1YW4409	Financial Services	EE	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.