Services · Assurance & opinions

ESG Ratings for Exchanges built to cover a listed universe, not one company.

SYNE partners with stock exchanges to launch white-labelled ESG rating programmes - giving every listed company a rating, every investor a comparable benchmark, and the exchange its own branded ESG index, without years of infrastructure build-out.

White-Label Exchange-branded programme
Full Universe Coverage model
71 Countries licensed
Same AAA–D methodology as every SYNE Rating
Fully white-labelled under the exchange's own brand
Built to support local disclosure mandates
Revenue-share licensing model available
What's included

From a branded scorecard to a full listed-market programme.

SYNE's ESG Ratings for Exchanges combines white-label rating infrastructure, issuer onboarding, index construction and investor distribution into one programme - built for exchanges who want rating infrastructure without building it themselves.

White-Label Rating Infrastructure

Exchange-branded ESG ratings built on SYNE's underlying methodology, criteria and data infrastructure.

Issuer Onboarding & Disclosure Portal

A branded portal where listed companies submit ESG disclosures and track their rating over time.

Exchange ESG Index Construction

Construct and maintain a branded ESG index drawn from the exchange's own rated listed universe.

Investor & Terminal Distribution

Distribute ratings and index data through the exchange's own website, data terminal, and vendor feeds.

Issuer Training & Workshops

Onboarding workshops and disclosure-readiness training for listed companies new to ESG reporting.

Regulatory Alignment Support

Align the programme with local disclosure mandates and phased mandatory or voluntary rollout schedules.

How an exchange programme is structured

Four building blocks. One shared methodology underneath.

Every exchange programme is built from the same four components - Branding & Governance, Rating Infrastructure, Distribution, and Regulatory Alignment - configured to match the exchange's own market structure and disclosure regime.

B

Branding & Governance

The programme carries the exchange's identity, with SYNE's methodology underneath.

  • Exchange-Branded Rating Scale
  • Co-Governed Methodology Committee
  • Local Advisory Panel
  • Public Methodology Disclosure
R

Rating Infrastructure

The same rigorous scoring engine used across every SYNE Rating, applied to the exchange's listed universe.

  • Shared AAA–D Scale & SYNE Index
  • Sector-Specific Materiality Weighting
  • Data Quality Scoring
  • Annual Re-Rating Cycle
D

Distribution

Getting the rating in front of the investors who will actually use it.

  • Exchange Website & Terminal Integration
  • Branded ESG Index
  • Vendor & Data License Feeds
  • Investor-Facing Scorecards
A

Regulatory Alignment

Fitting the programme to the market's own disclosure regime and timeline.

  • Local Disclosure Mandate Mapping
  • Phased Mandatory/Voluntary Rollout
  • Cross-Border Comparability via the SYNE Index
  • Regulator Reporting Support
End to end

From a signed partnership to a live, branded programme.

Most programmes move through the same four stages, typically launching within two to three quarters of a signed partnership.

01
Design

Co-Design the Programme

Agree branding, governance, sector weighting and disclosure timeline with the exchange's own teams.

02
Onboard

Issuer Onboarding

Launch the disclosure portal and run training workshops across the exchange's listed universe.

03
Launch

First Ratings & Index

Publish the first cycle of ratings and launch the exchange's own branded ESG index.

04
Scale

Expand Coverage & Distribution

Extend coverage to additional listing boards and broaden investor and vendor distribution.

Who benefits from an exchange programme

Built for every participant in a listed market, not just the exchange.

A white-label ESG programme only works if it serves the exchange, its issuers, and its investors at the same time.

Stock Exchanges & Market Operators

Launch credible ESG rating infrastructure without years of internal build-out or methodology development.

Listed Companies

Get a structured, supported pathway into ESG disclosure, with training rather than an unexplained mandate.

Institutional Investors & Index Funds

Get a comparable ESG benchmark across an entire market, not a patchwork of self-reported claims.

Market Regulators

Support phased disclosure mandates with ready-built infrastructure rather than requiring issuers to build their own.

Index Providers & Data Vendors

License a new, exchange-branded ESG index and dataset for distribution through existing vendor relationships.

Smaller & Regional Exchanges

Compete with larger markets on ESG infrastructure without the capital or headcount to build it independently.

Why ESG Ratings for Exchanges matter

Investor demand for ESG data doesn't wait for a market to build its own infrastructure.

Global capital increasingly screens for ESG performance before it allocates - and a listed market with no consistent, comparable ESG rating infrastructure risks being screened out entirely, regardless of the underlying quality of its issuers. Building that infrastructure independently can take years; partnering with an established methodology can take quarters.

Capital access

Why ESG infrastructure affects capital flows

A market without comparable ESG data risks being screened out of global mandates before an investor ever evaluates an individual issuer.

Issuer readiness

What it means for listed companies

Most issuers new to ESG reporting need training and a structured pathway, not just a disclosure mandate and a deadline.

Build vs. partner

What it means for the exchange

Building an independent rating methodology from scratch takes years of research and credibility-building an exchange usually doesn't have time for.

The deliverable

What the programme actually delivers

A branded, credible, market-wide ESG rating programme - live in quarters, not years, and comparable globally via the SYNE Index.

Methodology

What separates a SYNE exchange programme from a rebadged scorecard.

Four principles run through every exchange partnership, regardless of market size or disclosure maturity.

Rigor

Same methodology, no dilution

Exchange programmes run on the same underlying criteria and AAA–D scale as every SYNE Rating - never a simplified or lower-bar version.

Governance

Locally governed, globally consistent

A local advisory panel informs sector weighting and rollout pace, while the underlying scale stays comparable via the SYNE Index.

Independence

Regulatory-grade independence

Operating under the same independence standards as every SYNE Rating, with methodology and governance published.

Flexibility

Full branding flexibility

The exchange's name and identity carry the programme - SYNE's role in the methodology is disclosed but not the headline.

Exchange programme vs. a direct SYNE Rating

A programme covers a market. A rating covers one entity.

An exchange programme is market-wide infrastructure that individual issuers participate in - not a substitute for a bespoke, deeper engagement where one is needed.

The distinction

Infrastructure, not a single engagement

The exchange licenses a programme covering its entire listed universe - issuers are onboarded into it, rather than commissioning a standalone rating.

Commercial model

Licensing & revenue share

Priced as a market-level licensing or revenue-share arrangement with the exchange, not a per-engagement fee to each issuer.

Governance

Co-governed with the exchange

Sector weighting, rollout pace and local advisory input are agreed jointly, rather than set solely by SYNE.

Branding

Exchange-branded, SYNE-powered

Investors see the exchange's brand on the scale and the index; SYNE's methodology sits underneath, disclosed but not headline.

Coverage

Whole-market, phased rollout

Typically launches with the main board and phases in additional listing tiers as issuer readiness and mandate timelines allow.

Comparability

Still comparable via the SYNE Index

Because the underlying methodology is shared, an exchange-branded rating still maps onto the same global SYNE Index quadrants.

Global coverage

Programme infrastructure available across 71 licensed countries.

SYNE's exchange partnership model is built to be deployed in any of the 71 jurisdictions we're licensed in, adapted to the local listing structure and disclosure mandate timeline.

View the full country list →

Each mark represents active coverage in one jurisdiction

Bring ESG rating infrastructure to your market.

Talk to our exchange partnerships team about scoping a white-labelled ESG rating programme for your listed universe.