Only eight asset managers labelled ESG 'leaders' by Morningstar

Out of 108 firms

Only eight of 108 asset managers earned a Morningstar ESG commitment level of ‘leader’, a new report from the data provider has revealed.

The eight asset managers to earn a leader label were Affirmative Investment Management, Australian Ethical, Boston Trust Walden, Domini, Impax, Parnassus, Robeco and Stewart Investors. Article 9 funds receive lowest inflows on record as Article 8 products face outflows Morningstar noted that most of these began as responsible investment firms, but have not "rested on their laurels". "They have been at the cutting edge of developing innovative frameworks to assess ESG risks as well as the impacts, both positive and negative, that companies and investments have on the environ...