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January 9, 2023

The Moral Incoherence at the Heart of “Ethical” Investment May Explain Why It Has Become a Tool for Israel’s Enemies

It’s time to end ESG.

Last year, it came to light that Morningstar, one of America’s leading investment-research firms, was systematically issuing corporations that do business with Israel low “environmental, social, and governance” (ESG) ratings. These ratings have significant economic outcomes, as they are used by the sizable number of investors who want to feel that they are employing their money ethically. Yet, despite complaints from Jewish organizations, and investigations in several states for possible violations of anti-BDS laws, Morningstar has done little to change its practices.

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