Morningstar has announced that the company has successfully acquired Sustananalytics. The Sustainanalytics offers ratings on 20,000 employees, data on 40,000 companies and on 172 countries. The security level risk rating of the company is well-known other institutional pension funds, asset managers and other financial market participants that integrate with the decision-making policy of ESG.
After the acquisition, the full executive team of Sustainanalytics along with its team of more than 650 people have joined Morningstar. Morningstar has further said that it plans to further integrate the ESG data across the research and solutions of companies, including the advisors, private equity firms, credit issuers, plan sponsors and investors.
The company has also published a primer “Sharpening the Tools of the ESG Investor: Why ESG Factors Are Important, How Investors Use ESG Data, and What Policies Promote (or Impede) Effective ESG Investing?”
Chief Executive Officer of Morningstar Kapoor said, “Investor demand for stakeholder capitalism is driving a profound transformation in the global investing landscape. We’re excited to have our sights on this next horizon alongside Sustainalytics, a leader that has been on this road since the beginning.”
“Together, we will lead investors of all types through this transition, empowering them with ESG insights that allow for the personalization of portfolios across asset classes,” Kapoor further added.
Chief Executive Officer of Sustainanalytics, Michael Jantzi said, “For more than 25 years, Sustainalytics has played a leadership role globally, influencing the way in which institutional asset managers and public pension funds integrate ESG into their investment decisions and, more recently, shaping the emerging sustainable finance market as the world’s largest second-party opinion provider for green and sustainable bond issuances.”
“Coming together with Morningstar creates the scale to influence capital across the entire investment spectrum and make ESG a part of every investment consideration,” Michael Jantzi further added in the statement.