About the CARLO Foundation

On 6 July 2012, the CARLO Foundation was established as the first independent, sustainable and international rating foundation.

The foundation’s mission is to develop an independent rating system for financial products to promote that endorses a sustainable financial market and corresponding business models.

The foundation promotes an 'integrated' business model where sustainability and profitability can be achieved hand-in-hand without compromising one another.

Background

Today there exist both purely financial and purely sustainable rating agencies. In the financial sector, there are well-known rating agencies such as Standard & Poor's, Moody's and Fitch; in the sustainable field, corresponding institutions include oekom research, imug and RobecoSAM.

At present there is no rating foundation that takes an integrated view of financial and sustainable considerations. The CARLO Foundation is committed to developing an integral rating that takes account of both financial and sustainable considerations.

The CARLO Foundation Sustainable Investment Report (2013 edition)

In April 2013 the CARLO Foundation launched a survey.of stakeholders active throughout the sustainable investment industry. Following a wealth of positive feedback, the CARLO Foundation decided to extend the survey across Europe and commissioned Clean Energy Pipeline to undertake a complete research report in June 2013.

The purpose of this research was to write an initial report that explored the following issues:

  • how should an integral rating system be designed;
  • what factors are important in agreeing a minimum standard for sustainable investments; and
  • what should a rating system include or exclude.

The findings are based on a survey of over 400 stakeholders in the sustainable investments market conducted in July and August of 2013. These findings were then corroborated by interviews with twenty global experts in the field of sustainable investment.