Morningstar, the American investment research provider, announced that it will launch environmental, social and governance (ESG) scores for global mutual and exchange-trades through Morningstar Data feeds later this year and on its major software platforms in 2016.
The ESG scores will be based on ratings from Sustainalytics, a provider of ESG and corporate governance ratings and research that covers 4,500 companies.
This move comes after Jon Hale, Morningstar’s director of manager research, North America, announced that the company is aiming to bring "greater transparency and accountability to the investment industry" and a study conducted by Morgan Stanley found that 71% of individual investors are interested in sustainable investing.
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