Information Center for Issuers

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Referencing the ESG Risk Rating

A Guide for Companies Assessed as Part of the Sustainalytics ESG Risk Rating 

August 2025

Overview

At this time, companies with an ESG Risk Rating may disclose the following information from the Sustainalytics ESG Risk Rating Report:

 

  •  ESG Risk Rating Overall Score
  •  ESG Risk Rating Category (i.e., Negligible Risk, Low Risk etc.)

These details can be used exclusively in a company's sustainability Report/CSR report and/or on the main Sustainability page of their website. Reference to the company ESG Risk Rating in any other document (including but not limited to press releases, social media, investor presentations, roadshow documentation, etc.) constitutes unauthorized use of Sustainalytics' intellectual property. 

 

 

Disclosure of the ESG Risk Ratings score is limited to sustainability/CSR reports and/or the main sustainability page of a corporate website. For questions regarding where companies can reference the Sustainalytics ESG Risk Rating, please contact the [email protected]
“In [MONTH YEAR], [COMPANY] received an ESG Risk Rating of [RATING] and was 
assessed by Morningstar Sustainalytics to be at [RISK LEVEL] risk of experiencing 
material financial impacts from ESG factors. In no event the [please insert the 
deliverable] shall be construed as investment advice or expert opinion as defined 
by the applicable legislation. The information contained or reflected herein is not 
directed to or intended for use or distribution to India-based clients or users and 
its distribution to Indian resident individuals or entities is not permitted, and 
Morningstar/Sustainalytics accepts no responsibility or liability whatsoever for 
the actions of third parties in this respect.”

 

OR

 


“As of [MONTH YEAR], [COMPANY] received an ESG Risk Rating of [RATING] from 
Morningstar Sustainalytics and was assessed to be at [RISK LEVEL] risk of 
experiencing material financial impacts from ESG factors. In no event the [please 
insert the deliverable] shall be construed as investment advice or expert opinion 
as defined by the applicable legislation.” The information contained or reflected 
herein is not directed to or intended for use or distribution to India-based clients 
or users and its distribution to Indian resident individuals or entities is not 
permitted, and Morningstar/Sustainalytics accepts no responsibility or liability 
whatsoever for the actions of third parties in this respect.

If you intend to communicate, within the public domain, any details of your company's ESG Risk Rating beyond this agreed-upon communication, you must obtain Sustainalytics’ prior approval, using the following email address: [email protected]

Please allow 5 business days for the email request to be addressed. 


 

Mandatory Provisions

The following text must appear in any document or web page upon which the ESG Risk Rating score, badge and/or logo appear.

 

Disclaimer Text 

Copyright ©<year> Sustainalytics, a Morningstar company. All rights reserved. This [publication/ article/ section] includes information and data provided by Sustainalytics and/or its content providers. Information provided by Sustainalytics is not directed to or intended for use or distribution to India-based clients or users and its distribution to Indian resident individuals or entities is not permitted. Morningstar/Sustainalytics accepts no responsibility or liability whatsoever for the actions of third parties in this respect. Use of such data is subject to conditions available at https://www.sustainalytics.com/legal-disclaimers. 

 

Note

Except as otherwise allowed in your ESG Risk Rating license contract, companies are not permitted to link to or publish any part of the Sustainalytics ESG Risk Ratings report.


 

Description of the ESG Risk Rating disclosure, 'Sustainalytics Rated' badge and/or logo

 

If your company wishes to provide a description of Sustainalytics’ ESG research and ratings, please use the following statement:

 

Morningstar Sustainalytics’ ESG Risk Ratings measure a company’s exposure to industry-specific material ESG risks and how well a company is managing those risks. This multi-dimensional way of measuring ESG risk combines the concepts of management and exposure to arrive at an assessment of ESG risk, i.e., a total unmanaged ESG risk score or the ESG Risk Rating, that is comparable across all industries. Sustainalytics’ ESG Risk Ratings provide a quantitative measure of unmanaged ESG risk and distinguish between five levels of risk: negligible, low, medium, high and severe. Learn more about the ESG Risk Ratings here.

 
Morningstar Sustainalytics company description

If your company wishes to also include a description of Sustainalytics, please use the following statement:

Morningstar Sustainalytics is a leading ESG research, ratings and data firm that supports investors around the world with the development and implementation of responsible investment strategies. Sustainalytics works with hundreds of the world’s leading asset managers and pension funds who incorporate ESG and corporate governance information and assessments into their investment processes. The firm also works with hundreds of companies and their financial intermediaries to help them consider sustainability in policies, practices and capital projects. For more information, visit www.sustainalytics.com.

 

 

Sustainalytics' Company Logo and Badge 

Morningstar Sustainalytics 
currently offers two logos for company use:

  • Sustainalytics' Company Logo
  • “Sustainalytics Rated” Badge

rated-gray

The Sustainalytics' company logo and Sustainalytics Rated Badge can only be used in your Sustainability Report/CSR Report and on the main Sustainability page of your website. ESG Risk Rating information cannot be used for wider marketing and promotional purposes without a paid, active ESG Risk Rating license. 

Reference to the company ESG Risk Rating in any other document (including but 
not limited to press releases, investor presentations, roadshow documentation, 
etc.) will require an ESG Risk Rating license from Sustainalytics.

Company usage of the Sustainalytics logo and/or badge images must be in full compliance with Sustainalytics’ requirements relating to Sustainalytics’ Brand Guidelines.

If the Sustainalytics logo, badge and/or brand name is used in connection with a hyperlink, the hyperlink must link to the Sustainalytics homepage www. sustainalytics.com. If requested by Sustainalytics, you must immediately 
remove or modify the hyperlink. Sustainalytics retains the right to change, 
suspend or shut down the Sustainalytics website at any time without prior notice.

 

The following text must appear in any document or web page on which the ESG Risk Rating score, Sustainalytics Rated badge and/or company logo appear:

Copyright ©<year> Sustainalytics, a Morningstar company. All rights reserved. 
This [publication/ article/ section] includes information and data provided by 
Sustainalytics and/or its content providers. Information provided by Sustainalytics 
is not directed to or intended for use or distribution to India-based clients or users 
and its distribution to Indian resident individuals or entities is not permitted. 
Morningstar/Sustainalytics accepts no responsibility or liability whatsoever for the 
actions of third parties in this respect. Use of such data is subject to conditions 
available at https://www.sustainalytics.com/legal-disclaimers/



Company Logo

Request a company logo by emailing [email protected]

'Sustainalytics Rated' Badge

Request the badge via our company portal, the Sustainalytics Issuer Gateway or by emailing [email protected]

In both cases, please allow 5-10 business days for email requests to be addressed. By using the 'Sustainalytics Rated' badge and/or the company logo, the company agrees to the terms and conditions outlined for badge/logo usage. 

Important 
Sustainalytics retains control of the badge image and reserves the right to terminate access and use of the badge designation and image at any time. 

Contact Us

If you would like to learn more about the marketing and communications extended use cases available for ESG Risk Rating License clients, such as disclosure of peer comparison or top-rated performance, contact us here. 

 

Contact Us: See Appropriate Team

 

Reference the ESG Risk Rating

Companies can request further information about referencing their ESG Risk Rating. Please contact the team at 

[email protected].


Sustainability Indices Data

For information regarding the data Sustainalytics uses for sustainability indices, please contact our Index Team at 

[email protected].

Research Methodologies and Processes

For information on research methodologies, schedules, indicator definitions and guidance, and the research process, please contact the Issuer Relations Team, a unit of the Research group, at 

[email protected].