An array of organizations representing mainstream American Jewry claim Morningstar can do more to root out systemic anti-Israel bias in its financial ratings.
A statement from the Illinois Investment Policy Board deems its investigation into Chicago-based Morningstar closed. However, the chair of the board’s Israel committee says that…
Ben & Jerry’s’ Israel boycott melted away last month when its parent company, Unilever, settled a federal lawsuit brought by the company’s Israeli licensee, Avi…
When companies face allegations of misconduct, it’s practically standard operating procedure to hire a prestigious law firm to conduct an internal investigation.
The Illinois Investment Policy Board voted not to blacklist Morningstar in return for a commitment from the financial services company to address its anti-Israel biases
But company Morningstar has discontinued the ESG rating provider’s Human Rights Radar for its “latent, disproportionate focus on the Israeli/Palestinian conflict”.
Morningstar Inc. has cut its ties to a research product that provides information on issuers involved in regions where human rights violations allegedly occur.
Morningstar’s subsidiary Sustainalytics allegedly steers investors away from Israel by improperly inflating the country’s risk and controversy ratings.