Morningstar Credit Ratings, LLC, a prominent player in the credit rating industry, is headquartered in the United States. Founded in 2010, the firm has established itself as a trusted provider of credit ratings, research, and risk analysis, primarily serving the fixed-income market. With a focus on transparency and independence, Morningstar Credit Ratings offers unique insights that help investors make informed decisions. The company operates across major regions in the US and has expanded its influence globally, catering to a diverse clientele that includes institutional investors and asset managers. Known for its rigorous methodologies and comprehensive credit assessments, Morningstar Credit Ratings has achieved a notable position in the market, recognised for its commitment to quality and integrity in credit evaluation.
How does Morningstar Credit Ratings, LLC's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Media Production industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Morningstar Credit Ratings, LLC's score of 49 is higher than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Morningstar Credit Ratings, LLC, headquartered in the US, currently does not report specific carbon emissions data, as indicated by the absence of emissions figures. The organisation is a current subsidiary of Morningstar, Inc., which may influence its climate-related initiatives and commitments. As of now, there are no documented reduction targets or climate pledges from Morningstar Credit Ratings, LLC. The lack of specific emissions data and reduction initiatives suggests that the company may still be in the early stages of formalising its climate commitments. Given its relationship with Morningstar, Inc., emissions data and performance metrics may be cascaded from this parent organisation. However, specific details regarding these metrics or any associated targets have not been disclosed. In summary, while Morningstar Credit Ratings, LLC is part of a larger corporate family that may have climate initiatives, it currently lacks publicly available emissions data and defined reduction targets.
Access structured emissions data, company-specific emission factors, and source documents
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 474,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 7,838,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 5,406,000 | 0,000,000 | 000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Morningstar Credit Ratings, LLC's Scope 3 emissions, which increased by 38% last year and increased by approximately 5% since 2019, demonstrating supply chain emissions tracking. A significant portion of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 44% of total emissions under the GHG Protocol, with "Business Travel" being the largest emissions source at 92% of Scope 3 emissions.
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Morningstar Credit Ratings, LLC has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.