About us

Governance matters.

Founded in Paris in 2010, Ethics & Boards was born from a simple conviction: governance matters — because governance failures can destroy value overnight and leave lasting consequences for companies, investors and society alike.

2010Founded in Paris
0Nationalities among the partners
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What we believe

Governance is the foundation everything else is built on

It is not a compliance checkbox, nor a one-size-fits-all. In short, we believe that the value destroyed by short-term, non-strategic governance can be better employed.

Distinct by design

One ownership model, one governance

Founder-led, family-controlled, state-owned, private or listed companies and institutions each deserve their own governance strategy and assessment — which calls for independent and specialised advisory expertise.

Data with judgement

Intelligence, benchmarking, risk patterns

Combined with data, intelligence, benchmarking and risk-pattern detection, that expertise helps corporates, investment funds, stock exchange operators and institutions anticipate risks, improve decision-making, steer transformation and drive long-term financial and extra-financial performance.

Independent

No other business line

Governance is all we do: no audit practice, no executive search, no proxy solicitation. Our advice has no agenda but yours, and our figures are built to be checked.

Why now

The world has caught up to that idea

After many governance crises, these are no longer side conversations. They sit at the centre of how capital gets allocated and how trust gets earned. The organisations that thrive won't be the ones playing defence — they will be the ones that treat governance as a strategic asset, not simply a legal obligation.

  • Geopolitical risk
    Sovereignty, sanctions and fragmented supply chains now reach the boardroom as decisions to take, not as background.
  • Climate
    Transition plans and climate commitments are voted on, reported and priced — and increasingly written into executive pay.
  • Cyber risk
    Governed as a technical matter until the day it becomes a continuity, disclosure and reputation matter.
  • AI, challenges and opportunities
    A transformation of the business model that needs an owner at board level, before it reshapes the company on its own.
  • Executive accountability
    Say on pay, say on climate, individual director assessment: who answers for what is now asked in public.
Who we serve today

Four kinds of client, one reference point

Today, Ethics & Boards is the leading international independent governance intelligence and advisory firm — and the reference point on governance data for the people who set the rules.

Corporates
Strengthening board practices
Board evaluation, governance review, remuneration and training — for listed, private, family-owned and state-owned companies.
Governance for companies
Investment funds
Assessing portfolio governance
Portfolio diagnostics, governance due diligence and action plans, from pre-investment to exit.
Governance for investors
Stock market operators
Reading a whole market
Market-wide barometers and benchmarks, built on one method and published in the open, year after year.
The barometers
Institutions
A reliable reference point on governance data
Independent data, joint research and public-policy advisory for supervisors, regulators and international organisations.
Governance for institutions
Who we are

Partners from five nationalities, one conviction

We are partners from five different nationalities, combining deep governance experience across the corporate, investment and institutional worlds. And we know that governance is the future of performance.

2010
Independent since
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Nationalities among the partners
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Countries
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Board evaluations by our team
How we hold ourselves
Integrity and accountability, respect for people, innovation and excellence, independent client relationships, social responsibility — the five principles of our Code of Ethics, which every engagement is held to.
Work with us

Let’s talk governance.

An external board evaluation, a tailored benchmark, a Gov360 demo — tell us what you need, and let's talk.

Stay informed.

Every week, one governance ratio drawn from Gov360 Data — a measured fact on boards, remuneration or ESG, with the context to read it. Plus our studies and press mentions as they are published.

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