Scope Group About


Mission & Values

Our mission is to make credit and sustainability risk as transparent as possible for institutional investors and issuers to help them take more informed decisions to add economic value.

At Scope, we live by the following corporate values:

  • We offer a European alternative and analytical excellence
  • We help investors and issuers identify credit, investment and sustainability risk
  • We are entrepreneurial and focused tightly on serving our clients
  • We embrace the empowerment of our employees
  • We encourage diverse perspectives

Our story

Scope Group was founded in Berlin in 2002 by Florian Schoeller as a firm specialising in the analysis of alternative investments.

In 2012, shareholders and management decided that Scope would expand into rating credit with the goal of establishing the firm as the European alternative to the US rating agencies. To build the platform for developing the new business, Scope acquired PSR Ratings, an ESMA-registered company specialised in analysing companies in the automotive sector.

Scope’s next step was to grow internationally across relevant rating classes while building its reputation for the highest quality credit assessment. Scope hired several experienced and established analysts and managers between 2013 and 2015 to ensure the industry-leading standards of quality and professionalism.

Acquisitions have continued. In mid-2016, Scope acquired FERI EuroRating Services AG. In January 2021, Scope acquired Euler Hermes Rating. Today, Scope Ratings, a wholly owned Scope subsidiary, is the uncontested market leader among European rating agencies.

Scope has raised financing from investors across Europe. The company secured funding from institutional investors such as RAG-Stiftung, HDI / Talanx and die Swiss Mobiliar. AXA and Groupe BPCE are the latest institutional investors to show their confidence in Scope’s growth by becoming shareholders.

Scope employs more than 300 people at its locations in Berlin, Frankfurt, London, Madrid, Milan, Oslo and Paris. Scope's product offering now includes credit ratings, ESG analysis, fund analysis in addition to other customised financial services. Institutional investors have access to all rating services on ScopeOne, Scope’s innovative digital platform.

In November 2023 the European Central Bank (ECB) accepted Scope Ratings as a new external credit assessment institution, making Scope’s credit ratings eligible under the Eurosystem Credit Assessment Framework (ECAF). Scope’s credit ratings can be used to fulfil credit quality requirements of marketable assets that are eligible as collateral in Eurosystem monetary policy operations. Scope plans to gradually expand its business model worldwide. The group will apply for Nationally Recognized Statistical Rating Organization (NRSRO) status in the United States.

Scope Group Executive Board | Scope Group Scope Awards | Scope Group

Legal Structure & Shareholders

Scope SE & Co. KGaA is the holding company of the Scope Group and the leading EU-based provider of independent ratings, research and risk analysis solutions across asset classes.

The agency’s legal structure includes the separation of shareholder’s interests from strategic management. The Scope Foundation, one of three shareholders of the general partner Scope Management SE, ensures in the long term that no one besides the three can influence the corporate strategy and orientation of Scope and that the rating agency will always remain in the hands of European guardian shareholders.

Scope’s shareholder structure also includes limited partners. These are long-term investors such as RAG-Stiftung, one of Germany’s largest foundations, Groupe BPCE, one of France´s largest banking groups, and insurance companies such as AXA, HDI/Talanx, and Swiss Mobiliar. In addition, numerous renowned individual shareholders with distinguished backgrounds in finance and industry have invested in the European rating agency.

Shareholders of Scope Management SE
Florian Schoeller
Florian Schoeller
Stefan Quandt
Stefan Quandt
Stefan Quandt
Shareholders of Scope SE & Co. KGaA
Institutional Investors

Private shareholders
Approximately 80 renowned shareholders with distinguished backgrounds in finance and industry have invested in Scope, Europe’s leading rating firm.


ESMA registration

Scope Ratings, the subsidiary offering credit ratings, is a European rating agency registered with the Securities and Markets Authority (ESMA). It is governed by the European Credit Rating Agency regulatory framework (Regulation (EC) No 1060/2009 of the European Parliament and of the Council of 16 September 2009 on credit rating agencies).

ECAI status

Since 2014, Scope Ratings has been accredited as an External Credit Assessment Institution (ECAI). ECAIs play a major role in the standardised approach and securitisation framework of prudential regulation. Therefore, their credit assessments must be mapped to the corresponding risk weights. The three European Supervisory Authorities, European Banking Authority (EBA), European Securities and Markets Authority (ESMA) and the European Insurance and Occupational Pensions Authority (EIOPA), map all ECAIs in order to promote the consistent implementation of the Capital Requirements Regulation (CRR) throughout the European Union. The Supervisory Authorities have determined that Scope shares the same quality mapping as the main competitors.

FINMA registration

Since 2019, Scope Ratings has obtained the registration with the Swiss financial market supervisory authority FINMA.

Public Affairs

Scope seeks exchange with various stakeholders, including politics, the business world and society. We contribute our expertise, position ourselves and jointly find solutions for our sector, our business and our customers.

Scope communicates its interests in a transparent way. For us, responsible lobbying is part of our corporate strategy. This means:

  • Our political outreach is transparent and consistent. Example: Scope Group is registered in the EU's Transparency Register. This means that we observe the register’s code of conduct.
  • Our objectives are no secret. Example: Scope participates in selected associations to promote the best interests of European issuers and investors in ensuring they have sovereignty in the financing of the European economy.

& Group Policies

Sustainability is an integral part of our corporate strategy. The Scope Group is guided by the principles of sustainability at all levels of its business operations. In our actions and activities with employees, customers, market participants and competitors, Scope acts according to the highest standards of ethical business conduct, which are embodied in our Group Code of Ethics. We also expect our suppliers to act in accordance with our corporate values.

As a responsible employer, Scope employees can choose from a range of diverse benefits. The Scope Group also aims at minimising our environmental impact. The greatest impact in our activities stems from business travel, but Scope also chooses sustainable office supplies whenever possible. As the group develops, our sustainability strategy will develop further.

  • Code of Ethics
  • Confidential Information Management Policy
  • Defined Terms Glossary
  • Gifts, Entertainment andAnti-Bribery Policy
  • Whistleblower Policy

Locations & Contact