Financial firm Morningstar admits to errors on Israel in bid to quell boycott controversy
Financial firm Morningstar admits to errors on Israel in bid to quell boycott controversy
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In the News
No ‘pervasive or systemic bias’ against Israel across Sustainalytics products report finds
But company Morningstar has discontinued the ESG rating provider’s Human Rights Radar for its “latent, disproportionate focus on the Israeli/Palestinian conflict”.
Read more Morningstar Cuts Ties to Human Rights Radar Due to Bias Concerns
Morningstar Inc. has cut its ties to a research product that provides information on issuers involved in regions where human rights violations allegedly occur.
Read more Is finance giant Morningstar boycotting Israel?
Morningstar’s subsidiary Sustainalytics allegedly steers investors away from Israel by improperly inflating the country’s risk and controversy ratings.
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