{"id":24796,"date":"2026-01-13T09:27:56","date_gmt":"2026-01-13T08:27:56","guid":{"rendered":"https:\/\/ence.es\/?p=24796"},"modified":"2026-01-13T09:38:27","modified_gmt":"2026-01-13T08:38:27","slug":"ethifinance-ratings-assigns-ence-a-bbb-rating-with-an-evolving-trend","status":"publish","type":"post","link":"https:\/\/ence.es\/en\/ethifinance-ratings-assigns-ence-a-bbb-rating-with-an-evolving-trend\/","title":{"rendered":"EthiFinance Ratings assigns Ence a BBB- rating with an \u201cEvolving\u201d trend"},"content":{"rendered":"<p class=\"x_MsoNormal\"><span lang=\"EN-US\" data-olk-copy-source=\"MessageBody\">EthiFinance Ratings, an independent European credit rating agency specialising in ESG financing, has initiated coverage of\u00a0Ence Energ\u00eda y Celulosa\u00a0with a\u00a0long-term credit rating of BBB-, with an\u00a0\u201cEvolving\u201d trend.<\/span><\/p>\n<p class=\"x_MsoNormal\"><span lang=\"EN-US\">The rating is supported by the Group\u2019s solid business profile, underpinned by activities with attractive returns and favourable growth prospects. EthiFinance highlights Ence\u2019s\u00a0leading position in the European BHKP (Bleached Hardwood Kraft Pulp) market, as well as the significant presence of its\u00a0diversified renewable energy platform based on biomass.<\/span><\/p>\n<p class=\"x_MsoNormal\"><span lang=\"EN-US\">The agency also positively values Ence\u2019s\u00a0proximity to European customers, its\u00a0growing specialisation in higher value-added products, the\u00a0energy integration of its production processes, a\u00a0prudent financial policy, an\u00a0adequate liquidity position, and the\u00a0development of comprehensive and robust ESG policies.<\/span><\/p>\n<p class=\"x_MsoNormal\"><b><span lang=\"EN-US\">Competitiveness improvement process<\/span><\/b><\/p>\n<p class=\"x_MsoNormal\"><span lang=\"EN-US\">According to the rating agency, the \u201cEvolving\u201d trend reflects that the Ence Group is currently undergoing a process of\u00a0expansion and competitiveness enhancement\u00a0across its two main business areas. The consolidation of this process is expected to further strengthen the Group\u2019s\u00a0operating and financial profile.<\/span><\/p>\n<p class=\"x_MsoNormal\"><strong><span lang=\"EN-US\">Excellent ESG rating by EthiFinance<\/span><\/strong><\/p>\n<p class=\"x_MsoNormal\"><span lang=\"EN-US\">In addition, in the ESG domain, EthiFinance has awarded Ence an\u00a0\u201cExcellent\u201d rating\u00a0in its\u00a0Solicited Sustainability Rating (SSR), with a score of\u00a08.4 out of 10. This assessment analyses the company\u2019s performance across four pillars:\u00a0governance, environmental performance, social \u2013 own workforce, and social \u2013 external stakeholders.<\/span><\/p>\n<p style=\"text-align: center;\">\n","protected":false},"excerpt":{"rendered":"<p>EthiFinance Ratings, an independent European credit rating agency specialising in ESG financing, has initiated coverage of\u00a0Ence Energ\u00eda y Celulosa\u00a0with a\u00a0long-term credit rating of BBB-, with an\u00a0\u201cEvolving\u201d trend. The rating is supported by the Group\u2019s solid business profile, underpinned by activities with attractive returns and favourable growth prospects. EthiFinance highlights Ence\u2019s\u00a0leading position in the European BHKP [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":22730,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[30],"tags":[],"class_list":["post-24796","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-sin-categorizar"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>EthiFinance Ratings assigns Ence a BBB- rating with an \u201cEvolving\u201d trend | Ence<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ence.es\/en\/ethifinance-ratings-assigns-ence-a-bbb-rating-with-an-evolving-trend\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"EthiFinance Ratings assigns Ence a BBB- rating with an \u201cEvolving\u201d trend | Ence\" \/>\n<meta property=\"og:description\" content=\"EthiFinance Ratings, an independent European credit rating agency specialising in ESG financing, has initiated coverage of\u00a0Ence Energ\u00eda y Celulosa\u00a0with a\u00a0long-term credit rating of BBB-, with an\u00a0\u201cEvolving\u201d trend. The rating is supported by the Group\u2019s solid business profile, underpinned by activities with attractive returns and favourable growth prospects. 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