Morningstar Introduces New Way to Evaluate Sustainable Investments
by Vikas Vij
In view of the rapidly growing interest in sustainable investing worldwide, investors require more effective tools to assess whether the funds they are considering adding to their portfolios reflect best sustainability practices. Investors need reliable means to compare funds based on their ESG attributes.
To help meet this growing need, Morningstar, Inc. has introduced the industry’s first sustainability rating for more than 20,000 funds globally.
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Image Credit: Flickr via amit1077
Vikas is a staff writer for the Sustainable Development news and editorial section on Justmeans. He is an MBA with 20 years of managerial and entrepreneurial experience and global travel. He is the author of "The Power of Money" (Scholars, 2003), a book that presents a revolutionary monetary economic theory on poverty alleviation in the developing world. Vikas is also the official writer for an international social project for developing nations "Decisions for Life" run in collaboration between the ILO, the University of Amsterdam and the Indian Institute of Management.
