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Morningstar ESG rating system violates Arizona anti-BDS law, treasurer says
To eliminate the violation, Morningstar would need to make significant changes to or eliminate its ESG reports for companies doing business in Israel
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Arizona State Treasurer Kimberly Yee speaks during the Rally To Protect Our Elections conference on July 24, 2021 in Phoenix, Arizona.
Arizona’s state treasurer notified Morningstar last week that the investment firm’s Environmental and Social Governance (ESG) rating system violates the state’s anti-Boycott, Divestment and Sanctions law.
The move, first revealed in a release obtained by Jewish Insider on Monday,...