19 State AGs Investigate “Woke” Morningstar for ESG, Anti-Semitism
Morningstar provides what it calls "independent" research, ratings, and tools to help people invest. One of the so-called ratings is Morningstar's environmental, social, and governance (ESG) investing ratings for companies. The ESG measurement is a clever way of steering investors (investors representing big funds worth billions of dollars) away from investing in fossil energy companies. Missouri Attorney General Eric Schmitt and the AGs from 18 other states (19 AGs in all) have launched an investigation into Morningstar's ESG rating system that "plays politics with pensions and real people’s livelihoods."
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