ESG Data Guide 2023

Morningstar Sustainalytics - Product Involvement and Impact Metrics for Companies and Funds

Data category

  • Environmental data
  • Social data
  • Research data

The data offers solutions for:

  • Environmental impact analysis and insight
  • Investment decisions and portfolio insight
  • Reporting: Impact
  • Reporting: UN SDGs
  • Social impact analysis and insight
  • Norms-based screening

Who are the data users?

  • Investors
  • Financial institutions

Brief description of the data offering

Investors increasingly want to understand the positive and negative impacts companies have on the environment and society to incorporate into screening, investment selection, and client and regulatory reporting.

Our Product Involvement dataset allows investors to assess a company or portfolio’s exposure to business activities such as controversial weapons or tobacco, and covers 18,000+ companies, 100,000+ funds as well as aggregations at custom-portfolio level.

Our Impact Metrics data set helps investors to understand the environmental and social impacts of more than 12,000 companies across 138 sub-industries, 100,000+ funds as well as aggregations at custom-portfolio level. These are quantitative measures of environmental or social outcomes attributable to an entity’s activities (e.g. renewable energy production or its own operations, like greenhouse gas emissions, water withdrawal). We map each metric to the UN Sustainable Development Goals and six broad impact themes.

Where and how do you source your data?

Our dedicated Activities-Based Research team has circa 45 analysts, senior analysts and content specialists ensuring methodological alignment, while research controllers verify data consistency and quality on product-level. 

Our quality assurance and curation are provide a unique differentiation from solely AI based solutions, as AI heavily depends on standardized corporate disclosure which is currently very limited. 

Company involvement values are aggregated at the fund and portfolio level and include a five-level look-through to capture the alignment of underlying securities in portfolios.

What are the key attributes that differentiates the data you offer?

Morningstar Sustainalytics’ product involvement provides users with:

  • Research on publicly listed companies with involvement in most widely used product areas.
  • Understand the nature and level of each company to support investment decisions and engagement efforts
  • High quality research established through systematic and comprehensive data collection methods
  • Access to research via Global Access, our online client portal with user-friendly analytics and screening tools
  • Access to our dedicated team of product and topic experts.


Morningstar Sustainalytics’ Impact Metrics are differentiated by:

Methodological Rigour:

  • Diligent and global perspective on impact
  • Holistic view of a company’s impact across the value chain and beyond revenue
  • Dedicated methodology team
  • Strong estimation models in case of missing or weak corporate disclosure
  • Track record of excellence in ESG research and data


Transparency and Granularity:

  • Bottom-up activity-based and involvement analysis for flexible integration into proprietary research and assessment of alignment with impact objective
  • Access to raw data and involvement analysis for flexible integration into proprietary research and assessment of alignment with impact objective.
  • Transparency from sources to methodology applied.


Coverage and Delivery Channels:

  • Covering 12,000+ companies across 138 industries
  • Research delivered through multiple channels for versatile data integration

Consistency- Company, Portfolio, and Fund level

  • Quality assurance verifying data consistency, timeliness, and quality

Commitment to continued development:

  • We will continue to develop and expand our search by adding new metrics, expanding estimation modelling and enhancing methodology.
  • Technology and people:
  • Technology is used at the outset of our research process and our analysts make the final call after diligent review.
  • Our dedicated team of over 40 analysts and content specialists ensure methodological alignment.



Morningstar Sustainalytics’ Product Involvement allows investors to assess a company’s exposure to business activities covering 18k+ companies, 100k+ funds and aggregations. Impact Metrics provide investors insight into environmental & social impacts of 12k+ companies across 138 sub-industries, 100k+ funds and aggregations.