Definition of Morningstar Sustainability Rating
Morningstar Sustainability Rating is a rating scale developed by the company Morningstar, Inc. to measure the level of sustainability of an investment. This scale was first introduced in 2016 with the aim of helping investors identify financial products that are considered more sustainable and environmentally friendly. This scoring system uses a series of metrics that cover the environmental, social and corporate governance (ESG) aspects of a company or investment fund.…
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