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Morningstar Cuts Ties to Human Rights Radar Due to Bias Concerns

  • Decision follows pressure from organizations including JLens
  • Law firm finds instances of ‘inflammatory language’ being used

Morningstar Inc. has cut its ties to a research product that provides information on issuers involved in regions where human rights violations allegedly occur.

The decision was made because Human Rights Radar, which Morningstar picked up in its acquisition of Sustainalytics, exhibited “bias in its outcomes by overrepresenting firms linked to the Israeli-Palestinian conflict,” according to a letter from Executive Chairman Joe Mansueto and Chief Executive Officer Kunal Kapoor.