Morningstar trimmed a list of companies it flags for doing business in Israel-controlled territory from 26 to seven, JNS reported exclusively last week. Now, a JNS analysis and conversations with the Chicago-based investment giant shed light on the seven remaining companies, which largely operate in infrastructure projects, potentially affecting land access.
The “controversy ratings,” which Morningstar and its environmental, social and corporate governance (ESG) ratings subsidiary Sustainalyics have applied to allegedly-offending companies attach an element of risk, which can sway investors away from those companies.
