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Morningstar, Inc., a leading provider of independent investment research, is headquartered in the United States, with significant operations across North America, Europe, and Asia. Founded in 1984, the company has established itself as a trusted source of data and analysis in the financial services industry, particularly in investment management and asset allocation.
Morningstar offers a range of core products and services, including investment research, portfolio management tools, and data analytics, which are distinguished by their rigorous methodology and comprehensive coverage. The firm is renowned for its proprietary star rating system, which evaluates mutual funds and ETFs, helping investors make informed decisions.
With a strong market position, Morningstar has received numerous accolades for its innovative solutions and commitment to transparency, solidifying its reputation as a key player in the investment research landscape.
+24 vs industry average
Morningstar’s score of 61 is higher than 75% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Financial Intermediation is among the least carbon-intensive industries
The Financial Intermediation industry has reduced its overall emissions by 33% since 2018
Scope 3 accounts for ••• of total emissions.
In 2025, Morningstar reported total carbon emissions of approximately 9,200,000 kg CO2e, comprising 157,000 kg CO2e from Scope 1, 6,480,000 kg CO2e from Scope 2, and 7,953,000 kg CO2e from Scope 3 emissions. This data reflects a commitment to transparency in their sustainability efforts, with emissions data sourced directly from Morningstar, Inc.
Morningstar has set ambitious reduction targets, aiming to decrease both Scope 1 and Scope 2 emissions by 50% from a 2020 baseline by the year 2030. This commitment underscores their proactive approach to mitigating climate impact and aligns with industry standards for corporate sustainability.
The company has consistently reported emissions across all three scopes, demonstrating a comprehensive understanding of their carbon footprint. Their ongoing efforts to track and reduce emissions are crucial in the context of global climate initiatives, positioning Morningstar as a responsible player in the financial services sector.
Access structured emission data, company specific factors and auditable source documents
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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