Morningstar fully acquires ESG research firm Sustainalytics

ImpactAlpha Editor

Jessica Pothering

ImpactAlpha, April 23 – Sustainalytics offers data on 40,000 companies’ environmental, social and governance performance, and ratings on 20,000. Financial research and ratings company Morningstar has paid €55 million for the remaining equity after buying a 40% stake in the company in 2017.

Morningstar’s Kunal Kapoor said the global pandemic has amplified the relevance of environmental, social, and governance-focused investing. “ESG data will become even more relevant, particular[ly] in areas like supply chain management and the environment” (see, “Sustainable investments are growing, and outperforming, in a volatile market).

Morningstar bought out PGGM, ABN Amro, Jantzi Research, and Sustainalytics’ senior management, executives and employee-owned stock, Responsible Investor reports.

Last year, credit ratings and research firm Moody’s acquired a majority stake in climate risk analytics company Four Twenty Seven and ESG research firm Vigeo Eiris, while MSCI bought a share of climate analytics firm Carbon Delta.