Sustainability rating launched
Wednesday, March 2nd 2016, 9:21PM
Morningstar has launched a new sustainability rating for funds.
The new rating will enable investors around the world to evaluate mutual funds and exchange-traded funds based on how well the companies held in their funds are managing their ESG risks and opportunities.
Morningstar is rolling out the ratings and related ESG metrics for approximately 20,000 funds globally in Morningstar Direct, the company's research platform for asset managers and wealth management professionals, and Morningstar Office, the company's practice management system for independent financial advisers. In the coming weeks, Morningstar will launch the ratings on other platforms, including Morningstar Advisor Workstation, Morningstar.com, and other websites around the world.
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