GMI Ratings was formed in 2010 through the merger of three firms — The Corporate Library, GovernanceMetrics International and Audit Integrity. The predecessor firms had independently developed pioneering services to help institutional investors, insurers and corporate decision-makers quantify material risks typically overlooked in traditional approaches to risk modeling and mitigation.
- The Corporate Library – Founded in 1999, The Corporate Library was the leading independent provider of research and ratings designed to help institutional investors evaluate corporate governance practices as an element of overall investment risk.
- GovernanceMetrics International – Founded in 2000, GovernanceMetrics International developed in-depth coverage of governance risk profiles of 4,200 companies, including the complete MSCI World Index and extensive Emerging Market coverage.
- Audit Integrity — Founded in 2002, Audit Integrity developed Accounting and Governance Risk (AGR) ratings for approximately 18,000 public companies worldwide. Based on more than 50 metrics, these ratings reflected accounting and governance practices statistically associated with an elevated risk of SEC enforcement actions.
Drawing on the shared vision and intellectual capital of its predecessor firms, GMI Ratings emerged as a clear leader in addressing systemic shortfalls in the understanding of risks facing public companies. Today, GMI Ratings provides the most extensive coverage of environmental, social, governance and accounting-related risks affecting the performance of public companies worldwide.