Our 2022 Corporate Sustainability Report (available at www.morningstar.com/company/corporate-sustainability), provides a summary of Morningstar’s approach to corporate sustainability and our related material issues. Please refer to pages 6 and 7 for an explanation of Morningstar’s commitment to sustainability. At Morningstar, it’s our mission to empower investor success. Enabling sustainable investing and creating sustainable business practices is an integral part of this effort.
On pages 11 and 12 of the Corporate Sustainability Report, we detail Morningstar’s materiality framework, which prioritizes the environmental, social, and governance issues that have the potential to impact our business over the long-term as well as those that we believe are the most important to our stakeholders. To determine our firm’s most material issues, which are detailed in this section of the report, Morningstar combined a data-driven approach with the expertise of our own research teams.
Morningstar has a dedicated Enterprise Sustainability team that supports Morningstar in our overall identification and management of corporate sustainability risk and opportunities. We regularly conduct benchmarking analyses to assess Morningstar's performance in this regard relative to global and industry best practices and identify areas of focus or improvement. We use this information as inputs to evaluate our sustainability objectives and continue to evolve our practices over time. We plan to publish our 2023 Corporate Sustainability Report in spring 2024.