Morningstar Sustainalytics Submits ESMA Application
Sustainalytics B.V. (Morningstar Sustainalytics) has submitted its application to the European Securities and Markets Authority (ESMA) for authorization as an ESG rating provider. The submission follows the firm's notification, in July 2026, of its intention to seek authorization under the European Union's new regulatory framework for ESG rating providers.
Under the EU ESG Rating Provider Regulation (EU) 2024/3005, ESG rating providers operating within the European Union are required to obtain authorization from ESMA to continue providing ESG ratings in the EU.
The application covers the following products:
- ESG Risk Ratings
- Controversy Ratings
- Global Standards Screening
- Country Risk Ratings
- Low Carbon Transition Ratings
- Carbon Risk Ratings
- ESG Indicators
- Portfolio ESG Risk Ratings
- Portfolio Low Carbon Transition Ratings
- Portfolio Carbon Risk Ratings
- Portfolio Low Carbon Designation
David Pagliaro, President of Morningstar Sustainalytics, commented: “Transparency is at the heart of our services and products. Submitting our application to ESMA is an important step as we continue serving investors and other market participants with high-quality ESG ratings and research. As the market continues to evolve, we remain focused on helping clients navigate sustainability risks and opportunities with confidence.”
You can read more about Morningstar Sustainalytics methodologies here.
Media Contacts
fc21399beaa5403d87180bf9e3f1c539.jpg?sfvrsn=1d84799f_1 "Louis Hogan Headshot")