What Is the Morningstar ESG Commitment Level?
Our new rating highlights the degree to which a fund or asset manager considers environmental, social, and governance issues.
Karen Wallace: ESG funds have gained a lot of traction with investors in the past few years. And no surprise--there are more ESG funds out there than ever before. With an increasingly crowded landscape, investors looking for an ESG fund want to know if ESG concerns play a central role in buy and sell decisions or whether they're barely considered at all. Morningstar analysts have developed a new assessment that helps investors answer this question and more. I'm here with Alyssa Stankiewicz, an analyst on Morningstar's Manager Research team, to discuss Morningstar's new ESG Commitment Level.
Alyssa, thanks for being here.