Covalence EthicalQuote is a reputation index tracking the world’s largest companies on Environmental, Social, Governance (ESG), Corporate Social Responsibility, ethics and sustainability. We provide ESG ratings, news and data to investors, and reputation research and benchmarks to corporates. Covalence SA is a limited company based in Geneva, Switzerland, founded in 2001.

The EthicalQuote reputation index integrates thousands of news pieces gathered online and classified according to 50 criteria inspired by the Global Reporting Initiative, and to their positive or negative sentiment, regarding 2800 companies worldwide.

Covalence has developed a unique combination of automated content processing of texts in original language with qualitative assessment by an international team of analysts. More than 500 intern analysts have contributed to this work since 2001, in partnerships with many universities.


Companies and investors need extra-financial ratings that face the problem of defining ethics, rely on credible information and have economic relevance. The award-winning EthicalQuote system relies on international social and environmental standards while respecting cultural diversity, political pluralism and scientific uncertainty which characterize modern society. It is a barometer of how multinationals are perceived regarding ESG matters.

The EthicalQuote scoring system has brought the following recognitions and awards to Covalence: