OUR METHODS

Rating is people’s business, not machines’

Rating agencies use different rating systems in some cases. What is more, there may be some divergence from agency to agency in the methodological approach, the degree of standardisation and the enhancement of such standardisation. Like the large renowned agencies, we pursue a strategy of keeping the rating as stable as possible across the entire (sector) economic cycle (“through-the-cycle” approach). This means that severe risks specific to the business model in question are factored into the evaluation of a company’s creditworthiness and future viability. In the long run, our conservative approach instils greater confidence and heightens the credibility of our ratings as they provide creditors and investors with an accurate assessment of the actual risk profile. Our method is characterised by its focus on continuity and methodology. This helps to avoid misallocation on the part of issuers (companies) and investors.