Morningstar whittles Israel company blacklist from 26 to seven
July 14, 2023
(JNS) — JNS reported last April that Morningstar and its subsidiary Sustainalytics had flagged 26 companies for doing business beyond the so-called Green Line in Israel. Its “controversy ratings” could dissuade socially-conscious investors from placing funds in those companies.
Under pressure from a growing list of state-level investigations for potential anti-Israel BDS practices, Morningstar and Sustainalytics, an environmental, social and corporate governance rater, have trimmed the list down substantially.
Multiple sources told JNS that the list is now seven: B Communications,...