Who We Are
Morningstar Sustainalytics provides high-quality, analytical environmental, social and governance (ESG) research, ratings and data to institutional investors and companies.
For more than 30 years, our firm has focused on delivering innovative solutions that have enabled the world’s leading institutional investors to identify, understand, and manage ESG-driven risks and opportunities. With Sustainalytics now a part of Morningstar, we’re accelerating our efforts to bring meaningful ESG insights to investors of all types across different asset classes at the company and fund level.
Sustainalytics’ Corporate Solutions unit works with hundreds of companies and their financial intermediaries to help them consider sustainability in policies, practices and capital projects.
Fast Facts
1000+
Clients
18/20
Serve 18 of the top 20 Asset Managers
1800+
Team Members
1100+
SPOs Delivered
60
Engagement Cases Resolved in 2022
20,000+
Companies Covered
172
Countries Covered
800+
Research Analysts
16
Global Offices
700,000+
News Items Monitored Daily
Our Global Footprint
Our History
- 1992
- 1999
- 2000
- 2009
- 2010
- 2012
- 2015
- 2016
- 2018
- 2019
- 2020
- 2022
1992
Jantzi Research
While studying for his graduate exams, Michael Jantzi heard a radio program on Ethical Investing, and it sparked an idea. Michael Jantzi Research Associates started in the Jantzi’s apartment.
1999
Siri Group
Jantzi Research and Dutch Sustainability Research started the Siri Group with like-minded member organizations.
2000
Jantzi Social Index
Jantzi Research launches the Jantzi Social Index in partnership with Dow Jones Indexes and State Street Global Advisors.
2009
Sustainalytics
Jantzi Research merges with Sustainalytics to form Sustainalytics
2010
Award
Canadian SRI Lifetime Achievement Award – Michael Jantzi
2012
Responsible Research and Share Dimension
Sustainalytics acquires Responsible Research and Share Dimension
2015
Global Access
Sustainalytics launches Global Access
2016
Morningstar ESG Scores
Morningstar launches the industry’s first ESG scores based on Sustainalytics’ ESG Research Ratings.
2018
ESG Risk Ratings
Sustainalytics launches the ESG Risk Ratings.
Solaron Sustainability Services
Sustainalytics acquires Solaron Sustainability Services.
2019
GES International
Sustainalytics acquires GES.
2020
OMX
Sustainalytics acquires OMX.
Morningstar
Morningstar acquires Sustainalytics
2022
Partnerships/Acquisitions
September 27, 2022 – Morningstar Sustainalytics Announces Strategic Agreement with XDI, a Global Leader in Physical Climate Risk Analysis
June 29, 2022 – Morningstar Sustainalytics Acquires Property-Level Climate Risk Data Provider Aquantix
Meet Our Leadership Team
Ron Bundy
President, Morningstar Sustainalytics & Morningstar Indexes
Ron Bundy
President, Morningstar Sustainalytics & Morningstar Indexes
Ron Bundy joined Morningstar in 2019 as President of Morningstar Indexes and, over the past four years, has led a transformational period of growth for the global index provider. In 2023, his role expanded to take on leadership of Morningstar Sustainalytics in addition to Morningstar Indexes. In this role, Bundy oversees all aspects of Morningstar Sustainalytics and Morningstar Indexes as they expand globally.
Bundy and his leadership team across Sustainalytics and Indexes are responsible for developing and executing on a global strategic plan to grow the businesses, enter new markets and channels of distribution, develop innovative new products, build a culture of high performance based on trust and mutual respect while aligning with other Morningstar centers of excellence to meet and exceed client expectations.
Prior to joining Morningstar, Bundy spent fifteen years at Russell Investments including CEO of Russell Indexes where he helped oversee a period of transformational growth for that global index franchise, then supported the combination with FTSE and creation of FTSE Russell following the acquisition by the London Stock Exchange Group in 2015.
While at Russell Investments, Bundy also served as President and CEO of Russell Investments Japan and led the strategic collaboration with BNY Mellon, Russell Mellon Analytics, to market, overseeing sales and client services divisions. Earlier in his career, Bundy held a number of sales leadership roles with Xerox Corporation.
Bundy has a Bachelor’s degree in Business and Economics from Western Washington University and is a Board Member of the Index Industry Association.
Location: Washington
-modified-(1).png?sfvrsn=49215fe1_0&MaxWidth=140&MaxHeight=140&ScaleUp=false&Quality=High&Method=ResizeFitToAreaArguments&Signature=24A895B073C1F99B3B1032886DC0A886DEF561C5 "Catalina Secreteanu")
Catalina Secreteanu
Global Head of Client Relations
-modified-(1).png?sfvrsn=49215fe1_0)
Catalina Secreteanu
Global Head of Client Relations
As Global Head of Client Relations at Sustainalytics, Catalina is part of the team managing the firm’s commercial strategies in Europe and Asia-Pacific (APAC). She has played an instrumental role in building Sustainalytics’
presence in the UK and APAC. Catalina has 10 years of experience in sustainable and responsible investment, and in 2013 and 2014, she was voted best client relations person for responsible investment in the Independent
Research in Responsible Investment (IRRI) Survey.
Before joining Sustainalytics, she was a Program Manager at the UK Sustainable Investment and Finance Association (UKSIF), where she was responsible for UKSIF’s
programs geared towards institutional investors, including a series of ESG events and various marketing activities.
Catalina has been an active member of several responsible investment steering committees in APAC and Europe. She was also a founding member of the Sustainable Finance Group, a peer support network for individuals working in
responsible investment in the UK, as well as the founding group of the “Women in Sustainable Finance” network, based in Sydney.
Location: London, UK
Simon MacMahon
Global Head of ESG Products and Research
Simon MacMahon
Global Head of ESG Products and Research
Simon oversees the creation of Sustainalytics’ ratings, research, and analysis across the dimensions of ESG risk, ESG impact and climate. The research department he
leads is one of the largest globally, focused on the positive and negative sustainability impacts of companies and how those impacts translate into risks and opportunities for investors. Simon brings content knowledge,
a deep understanding of research and data management processes, and extensive market experience to the role.
Simon joined Sustainalytics in 2008. He built the company’s account management and advisory
teams and was responsible for Sustainalytics’ global client experience before taking on his current role.
He is a frequent speaker and media source on topics related to ESG, having been quoted in the Economist, Financial Times, and The Wall Street Journal, among others. He has also published articles in business journals such
as Harvard Business Review. Simon holds a master’s degree in Business Administration from the Schulich School of Business and is a former board member of the Responsible Investment Association.
Location: Toronto
Brian Cullen
Chief Commercialization Officer
Brian Cullen
Chief Commercialization Officer
Brian is an experienced commercial leader who, over the last 15 years with Morningstar, has held several positions across product, wealth management, and portfolio management. Before taking on his current role as Chief Commercial Officer with Sustainalytics, Brian was the Head of International Sales for Morningstar where he helped establish the initial collaboration model for the Morningstar and Sustainalytics sales teams globally. Prior to joining Morningstar, Brian worked at Thomson Reuters in marketing.
Brian holds a Bachelor of Science in Economics and Marketing from the University of Dayton, and an MBA from the University of Notre Dame (Mendoza College of Business).
Location: Chicago
-modified.png?sfvrsn=8be289d0_0 "Jeremy Hammond")
Hendrik Garz
Global Head of Methodology & Product Architecture
Hendrik Garz
Global Head of Sustainalytics’ Methodology & Product Architecture
As the Global Head of Sustainalytics’ Methodology & Product Architecture, Hendrik is responsible for the development and maintenance of product methodologies across the company’s entire product portfolio, including the Corporate Solutions and Climate Solutions business units. He also oversees Sustainalytics’ Digital Innovation team, which works on integrating smart technologies such as AI and machine learning into Sustainalytics’ product offerings. The Portfolio Research team publishes use-case oriented, primarily quant-driven research around the application of the company’s methodologies.
Before joining Sustainalytics in 2012, Hendrik worked as an award-winning sell-side equity strategist for more than 15 years and, among other accomplishments, established one of the first brokerage ESG products in the market in 2002.
Hendrik holds a PhD in Finance and has published numerous mainstream finance and ESG research reports, including a co-authored textbook on Portfolio Management. He served on several ESG related commissions and boards, including co-chairing the DVFA’s (Association of Investment Professionals in Germany) Committee on ‘Non-Financials’.
Location: Frankfurt
Marius Cimpoesu
Head of Technology
Marius Cimpoesu
Head of Technology
Marius leads the company’s ICT unit, bringing technology towards the core of our products. He is responsible for catalyzing and coordinating various teams, ensuring both the continuous operation of the company’s
information technology assets and setting the strategic direction of their development.
Prior to joining Sustainalytics, Marius managed the international business unit of an IT consultancy and software development
firm, specialized in eGoverment solutions. Marius brings more than 15 years of expertise in software development, program- and project management, and organizational IT management.
Marius holds a bachelor’s degree in Computer Engineering from Politehnica University of Bucharest, with a minor in artificial intelligence and machine learning. He also holds an executive MBA from Tiffin University, Ohio,
U.S.
Location: Bucharest
Azadeh Sabour
Senior Vice President, Climate Solutions
Azadeh Sabour
Senior Vice President of Climate Solutions
Azadeh leads Morningstar Sustainalytics' Climate Solutions global team.The mandate of the unit is to support investors in making informed decisions about addressing climate risks in portfolio management and aligning with climate policies that aim to drive the broader objective of transitioning to a low carbon economy.
A veteran of Morningstar Sustainalytics for nearly 16 years, she’s held various roles, starting as an ESG research analyst, then as a sustainability intelligence advisor to corporates and partners.
For ten years, she contributed to the growth and professionalization of Morningstar Sustainalytics’ global Client Relations team, first as a client advisor to institutional investors, then as a regional lead for North America. She led global operations, enablement, and strategic initiatives for Client Relations for three years, prior to establishing the Climate Solutions business unit. She holds a bachelor’s degree in fashion design and business from Ryerson University and a master’s degree in business administration from the Rotman School of Management.
Location: Toronto
Barbara Lambotte
Vice President, Corporate Solutions
Barbara Lambotte
Vice President, Corporate Solutions
Barbara leads the Sustainable Finance global team at Sustainalytics. The Sustainable Finance team issues award winning research that supports investors in making informed decisions on the sustainability of a financial instrument, through the issuance of Second-Party Opinions on Green, Social, Sustainability bonds as well as Sustainability-Linked instruments.
Barbara is a seasoned debt capital markets executive who has held senior roles in capital markets, asset management as well as credit risk rating and management. Barbara is passionate about Sustainalytics’ mission to provide the insights required for investors and companies to make better informed decisions that lead to a more just and sustainable global economy. Barbara holds an MBA and a bachelor's in economics.
Location: Netherlands
Meet Our Founder
Michael Jantzi
Founder, Sustainalytics
Michael Jantzi
Founder, Sustainalytics
Michael Jantzi is the founder and former CEO of Sustainalytics. He founded Jantzi Research and has been active in the responsible investment field since 1990. Following Morningstar’s 2020 acquisition of Sustainalytics, Michael took on the role of Managing Director, ESG Strategy, where he focused on broadening the adoption of sustainable investing across multiple asset classes and investor segments and also created a culture of corporate responsibility at Morningstar.
In June 2022, Michael completed his time with Sustainalytics when he was appointed as a full-time member of the International Sustainability Standards Board (ISSB). Michael continues to be a recognized thought leader on sustainability, responsible investing and corporate social responsibility issues. Michael regularly appears in the global media and as a conference speaker.
Location: Toronto
Our Mission
Our Vision
We believe that it is imperative for the global economy to become more just and sustainable.
Our Mission
Our mission is to provide the insights required for investors and companies to make more informed decisions that lead to a more just and sustainable global economy.
Our Values
- We have a positive impact on our world
- We embrace diverse perspectives
- We foster excellence through continuous collaboration
- We are adaptable and entrepreneurial
- We treat others as we like to be treated
Morningstar's 2022 Corporate Sustainability Report
Using our ESG data to empower investors and create a more sustainable company.
Why Sustainalytics?
A Single Market Standard
Consistent approach to ESG assessments across the investment spectrum.
Award-Winning Research and Data
Firm recognized as Best ESG Research and Data Provider by Environmental Finance and Investment Week.
End-to-End ESG Solutions
ESG products and services that serve the entire investment value chain.
30 Years of ESG Expertise
800+ ESG research analysts across our global offices.
A Leading SPO Provider
As recognized by Environmental Finance and the Climate Bonds Initiative.
Awards
.png?sfvrsn=99cbe215_0)
.png?sfvrsn=ba33c868_1/award_globalcapitalbond-(1).png)
Thought Leadership Paper on Sustainable Investing - Global, Environmental Finance Sustainable Investment Awards 2023
Best ESG Solutions Provider, Wealth and Finance Ethical Finance Awards 2023
Best SPO Provider, GlobalCapital Bond Awards 2023
Best ESG Research Firm, Global Capital European Securitization Awards 2023
CBI's Largest Verifier of Climate Bonds 2022
The Asset Triple A Sustainable Capital Markets Award for Best SPO provider
Morningstar Sustainalytics Named Best ESG Research Provider, ESG Insight Awards 2022
Morningstar Sustainalytics Stewardship Services Wins Best Sustainable Investment Support Services Provider
Morningstar Sustainalytics Makes ESGFINTECH100 List 2022, FinTech Global
GlobalCapital Covered Bond Awards, Best ESG Rating Agency
The Asset Triple A Sustainable Infrastructure Awards 2022, SPO Provider Renewable Energy Deal of the Year, China Transport Deal of the Year, Thailand
Global Bond Awards 2022, Best Second Party Opinion Provider for SSA ESG Bonds
Morningstar Sustainalytics Recognized as CBI’s Largest Verifier for Certified Climate Bonds for a Fifth Consecutive Year
Global Bond Awards 2022, Best Second Party Opinion Provider for Corporate ESG Bonds
Global Bond Awards 2022, Best Second Party Opinion Provider for Corporate EM ESG Bonds
Investment Week, 2021 Sustainable and ESG Investment Awards
.jpg?Status=Master&sfvrsn=a4553526_5)
Environmental Finance Impact Awards 2021, Impact Research
The Asset Triple A Infrastructure Awards 2021, Second-party Opinion Provider
Sustainalytics - 10 for 2021 - Investing in the Circular Food Economy’ wins PRI Award for ESG research innovation
Global Capital Bond Awards 2021, Most Impressive Second-Party Opinion Provider
Environmental Finance Bond Awards 2021, External Assessment Provider of the Year
Climate Bonds Awards 2020, Largest Verifier for Certified Climate Bonds in Deal Volume & Largest External Review Provider
IFR 2020, ESG Opinion Provider of the Year
ESG Investing 2021, Best ESG Ratings Provider
Investment Week, 2020 Sustainable and ESG Investment Awards
5bc7fe28-a7f0-4858-896a-721819cd3ba3.png?Status=Master&sfvrsn=6d58509e_3)
The Asset Asian Awards 2020, Regional Awards, Best Secondary Opinion Provider
The Asset, 2020 Triple A Asia Infrastructure Awards
Environmental Finance 2020 Sustainable Investment Awards
Climate Bonds Initiative 2018, 2019, 2020 Green Bond Pioneer Awards
RIA Canada Leadership Awards 2020
Canada Clean50 and Clean16 2020 Awards
Environmental Finance 2019 Sustainable Investment Awards
Environmental Finance 2019 Sustainable Investment Awards
Environmental Finance 2019 Sustainable Investment Awards