Morningstar - Sustainability Rating

The Morningstar Sustainability Rating for funds helps investors measure portfolio-level risk from environmental, social, and governance, or ESG, factors. \n\nTo evaluate portfolios, Morningstar uses ratings from their partner Sustainalytics that measure a company's material ESG risk.\n\nThen the company-level scores are rolled up on an asset-weighted basis to get a portfolio score.\n\nMorningstar's Rating:\nA fund with high ESG risk relative to its Morningstar Global Category would receive 1 globe.\n\nA fund with low ESG risk would receive 5 globes.\n\n