- Environmental data
- Social data
- Governance data
What data do you provide?
- Over 45 calculated ESG metrics on portfolios including Mutual Funds, ETFs, Closed-End Funds, Separately Managed Accounts and Private Funds. The package also provides additional insights into how the portfolio compares to other funds through absolute and percentile Morningstar Global category ranks.
- 30 Calculated metrics that detail the asset-weighted percentage of a portfolio’s involvement and a Morningstar category average percentage of involvement to the following 15 product areas: Adult Entertainment, Alcohol, Animal Testing, Abortives/Contraceptives/Stem Cell, Controversial Weapons, Fur & Specialty Leather, Gambling, GMO, Military Contracting, Nuclear, Palm Oil, Pesticides, Small Arms, Thermal Coal, and Tobacco based on revenues of holding companies. We calculate these metrics for Mutual Funds, ETFs, Closed-End Funds, Separately Managed Accounts and Private funds.
- Over 60 calculated Carbon risk metrics (Carbon Emissions, Intensity, Fossil Fuel Involvement) on portfolios including Mutual Funds, ETFs, Closed-End Funds, Separately Managed Accounts and Private funds. The package also provides additional insights into how the portfolio compares to other funds through absolute and percentile Morningstar Global category ranks.
- Sustainable Attributes data – a 3 level set of attribute tags to provide investors with an efficient summary of what intentional strategies funds claim to pursue and which industries they claim to avoid based on their prospectus/offering document language.
Where and how do you source your data?
Underlying data for the calculated portfolio ESG, Product Involvement and Carbon metrics comes from Sustainalytics, one of the world’s largest independent provider of ESG and Corporate Governance research, analysis and support services. Their research team of over 230 analysts conducts a comprehensive review of all companies within the research universe, typically following each company’s reporting cycle. The data assessed is compiled from both publicly available data (Annual/Quarterly company reports, Sustainability Reports, Company Websites, etc.) and data owned by third parties. In the case of any new controversial events or updates to existing events, our analysts review the Controversy aspects of the research – this is published on a fortnightly basis. In case of a major Controversy, Sustainalytics aims to update Controversy assessments within 24-48 hours. The Controversy research process is based on a daily screen of over 60,000 news and media source, specialized publications and non-government organizations.
Sustainable Attributes data is collected and sourced on publicly traded strategies based on a data analyst review of the prospectus or offering documents most relevant in the strategy’s country of registration. Other filings, such as Statements of Additional Information, may be considered upon request, as well as marketing materials and websites in certain regions, or external investment guidelines if they are cited in offering documents. Investments that are prohibited by national laws will also be marked in our exclusionary framework.
Who are the data users?
Our fund ESG and Carbon metrics are surfaced on Morningstar.com our retail website whose audience is primarily end-investors and retail advisors. The full set of all data is surfaced and used in software products for advisors, wealth management, and consultant clients conducting fund research, monitoring, selection, and doing reporting. Asset Management clients also use this information in our software products or data feeds to conduct peer analysis, competitive intelligence, and to use in marketing materials.
What is the cost for your data offering?
Morningstar services investors across industry segments from retail to institutional. Costs vary based on the client type, usage and delivery platform.