ESG-Rated Products
An alternative ESG rating agency
On July 29, 2026, MC Advisory CSR SB submitted to ESMA the notification required under Article 5 of Regulation (EU) 2024/3005 to gain access to the regime for small ESG rating providers.
Our decision to become an ESMA-regulated rating agency stems from our corporate mission: to helpeveryone—fromlargeto small players in the financial advisory sector, as well as individual households—make the most of their savings by easily and effectively integrating financial sustainability considerations into their investments.
Our focus: asset management
MCSR is an Italian ESG rating agency specializing in savings products, which integrates the assessment of ESG management quality, portfolio risks and impacts, and the financial quality of investments into a single quantitative framework. It focuses on the analysis of mutual funds, ETFs, pension funds, and insurance-based investment products (IBIPs).
Ourproprietary methodologyis based on the quantitative analysis of hundreds of management factors and risk and impact indicators, allowing us to compare all savings products with one another through a holistic analysis of management approaches and the quality of the investments made.
As of June 30, 2026, MCSR independently evaluated45,000 financial instruments from both a financial and a sustainability perspective, in accordance with the “Positive Finance Earn Twice” principles—that is, by assessing both the traditional financial attributes (risk/return) and the sustainability of the management and investments of each product:
Our key ESG ratings:
ESG Management Rating :
By analyzing more than 450 factors, we measure the sustainability culture, transparency, and E, S, and G management strategies of various financial instruments.
The rating—on a scale from 0 to 5—allows for the comparison of financial products by measuring the importance that issuing companies and fund managers place on sustainability issues, as well as the quality of ESG management for individual funds.
ESG Portfolio Rating:
We conduct an analysis of the ESG risks associated with the invested portfolio and assess their impacts—through a quantitative study of the main adverse impacts (PAI) on savings.
The rating, expressed on a scale from 0 to 5, makes it possible to identify financial products invested in financial instruments that are effective in managing ESG risks and sustainability-related impacts.
ESG Global Rating:
Our overall rating measures the overall quality of financial products, taking into account both the management efforts and sustainability culture of the issuers and the quality of the investments made, as measured by their ability to manage sustainability-related risks and impacts.
ESGAP – ESG-Adjusted Performance:
Our proprietary hybrid rating measures financial quality (risk and performance) and sustainability quality (management and ESG portfolio) on a scale from 0 to 5.
An effective assessment for those who want to balance value and values.
Custom Ratings
We offer our clients customized rating solutions tailored to their specific needs. We provide decision support, benchmarking, algorithms, customized SaaS solutions, data, and reporting directly tailored to the client’s needs.
How are we organized?
MCSR has developed its own rating philosophy, the “Positive Finance Rating System,” an approach that evaluates the ESG management culture and techniques of portfolios, as well as the quality of their investments.
MCSR_Positive Finance Methodology_Summary
The MCSR Board of Directors has established a Scientific Committee that reviews the available data sources and determines the indicators and weightings to be considered in the various ratings.
MCSR_Scientific_Committee_Summary
The Scientific Committee’s work is guided by a policy that outlines how ESG methodologies can evolve.
MCSR_Methodological Reviews_Summary
The Board of Directors establishes and monitors the company's governance and verifies the effectiveness of internal controls.
MCSR_Governance and Controls __ Summary
The board of directors has approved a restrictive policy designed to prevent conflicts of interest that could arise with its shareholders, employees, and external contractors.
MCSR_Conflicts of Interest_Summary
How do we work?
Our main activity is to gather available information on financial products and convert it into useful data for the preparation of ratings. These are unsolicited ratings, which we prepare at no cost to the issuing company.
MCSR_Unsolicited ESG Ratings_Summary
We are constantly seeking direct contact with the entities we evaluate in order to obtain recent, high-quality data to use in our rating calculations.
We publish on this website the information required by transparency regulations regarding our ESG ratings.
MCSR_Regulatory Disclosure_Summary
Detailed information is available on theESG Ratings – Policies and Methodologies page.
Where can you find our ratings?
Our ratings are available to the public on the website www.Positivefinance.com.
Professionals can find ESG ratings in the SaaS application www.robo4advisor.com.
Custom ratings are posted directly by the client.