Missouri AG Launches Bogus Investigation Into Morningstar’s Use of ESG Factors

Missouri Attorney General Ken Paxton is leading a multistate investigation into Morningstar, Inc. and its wholly owned subsidiary, Sustainalytics, for potential violations of consumer protection and anti-Boycott, Divestment, and Sanctions (BDS) laws. Without any pretense of a factual basis, Paxton made a sweeping allegation:

“The ESG movement is the latest tool that woke corporations are using to push a radical and left-leaning social agenda into every corner of American life,” said Attorney General Paxton. “It’s harmful to our state and nation, and it may be illegal as well. I’m going to get to the bottom of Morningstar’s ESG agenda, and I’ll hold them accountable.”

Paxton Launches Investigation Into Ratings Company’s Use of ESG Factors That Potentially Violate Consumer Fraud and Anti-BDS Laws | Office of the Attorney General

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