Strengthened Morningstar’s ESG Offering: Sustainalytics and Indexes Aligned

Morningstar, Inc. has announced that it will align its Morningstar Sustainalytics and Morningstar Indexes product areas under the leadership of Morningstar Indexes President Ron Bundy. This strategic move aims to strengthen Morningstar’s position in the environmental, social, and governance (ESG) market and better cater to the evolving needs of investors.

Morningstar is a leading provider of independent investment insights and offers a comprehensive range of traditional and ESG market data, indexes, ratings, and research across various asset classes globally. The integration of Morningstar Indexes and Morningstar Sustainalytics will enhance the connection between the index capabilities and the ESG data, ratings, and research provided by the respective divisions. This alignment will result in a more comprehensive suite of ESG and broader index solutions for clients, consolidating them under a single umbrella.

The union builds upon Morningstar’s investment in ESG capabilities since acquiring Sustainalytics, a prominent ESG research and ratings firm, in 2020. Both Morningstar Sustainalytics and Morningstar Indexes have experienced rapid growth, with revenue increases of 30.5% and 35.5%, respectively, in 2022. This alignment aims to leverage the synergies between the two divisions and deliver enhanced ESG offerings to investors.