Portfolio Products
The Portfolio Disclosure Reports provide transparency on updates to our methodology documents at a product-level. When there are changes to our methodology documentation, this page will be updated for each of the following products: Portfolio ESG Risk Rating for Funds, Portfolio Low Carbon Transition Metrics, Portfolio Carbon Risk Metrics, and the Low Carbon Designation. Please note that changes to a methodology document do not necessarily entail changes to the underlying methodology, as we make make adjustments to formatting or wording to provide more clarity without changing the methodology. The document which has been updated will contain a record of what kinds of changes were made as part of the given update.
Portfolio ESG Risk Ratings
Morningstar Sustainalytics' Portfolio ESG Risk Ratings evaluate the level of financially material environmental, social, and governance (ESG) risk embedded in an investment portfolio relative to a peer group of comparable funds. The rating's primary output reflects the extent to which a portfolio's corporate and sovereign holdings are exposed to ESG risks, based on Morningstar Sustainalytics' ESG Risk Ratings for corporate issuers and Country Risk Ratings for sovereign issuers.
Methodology Documents
Disclosure Reports
No Disclosure Reports available at this time
There are no disclosure reports to display for this portfolio - either the portfolio has not been rated by Morningstar Sustainalytics or the rating process did not yield valid disclosure criteria to be be reported.
- Portfolio ESG Risk Ratings Disclosure Report | 28-Mar-2026
Disclosure Report for: Portfolio ESG Risk Ratings
Publication Date: 28-Mar-2026
Morningstar Sustainalytics is issuing the following notification for Portfolio ESG Risk Ratings:
As of 09-Mar-2026 a new version of the product's methodology is being used in issuing portfolios ratings.
Details on specific updates and current and earlier documentation is available below:
Methodology Version Version 3.1 from 09-Mar-2026 Methodology Links All current and previous Methodology versions and associated disclosure tables can be accessed here: Historical Portfolio ESG Risk Ratings Methodology Documentation
Portfolio Low Carbon Transition Ratings
Morningstar Sustainalytics' Portfolio Low Carbon Transition Ratings assess the degree to which the greenhouse gas (GHG) emissions of a portfolio's corporate holdings are aligned with a science-based 1.5°C net-zero pathway. The rating's primary output is an Implied Temperature Rise expressed in degrees Celsius, reflecting the projected temperature outcome if all companies managed their emissions in the same way as those held in the portfolio, using underlying GHG emissions data of Morningstar Sustainalytics' Low Carbon Transition Ratings for corporate issuers.
Methodology Documents
Disclosure Reports
No Disclosure Reports available at this time
There are no disclosure reports to display for this portfolio - either the portfolio has not been rated by Morningstar Sustainalytics or the rating process did not yield valid disclosure criteria to be be reported.
- Portfolio Low Carbon Transition Ratings Disclosure Report | 10-Apr-2026
Disclosure Report for: Portfolio Low Carbon Transition Ratings
Publication Date: 10-Apr-2026
Morningstar Sustainalytics is issuing this notification for Portfolio Low Carbon Transition Ratings
As of 5-Apr-2026 a new version of the product's methodology is being used in issuing fund and portfolio ratings.
Details on current and earlier documentation are available below:
Methodology Version Version 3.1 from 5-Apr-2026 Methodology Links All current and previous Methodology versions and associated disclosure tables can be accessed here: Historical Portfolio Low Carbon Transition Ratings Methodology Documentation
Portfolio Carbon Risk Ratings
Morningstar Sustainalytics' Portfolio Carbon Risk Ratings measure the degree of unmanaged carbon-related financial risk embedded in an investment portfolio. The primary output is the Portfolio Carbon Risk Score, which reflects the extent to which a portfolio's corporate holdings are exposed to financially material carbon risks, based on Morningstar Sustainalytics' Carbon Risk Ratings for corporate issuers.
Methodology Documents
Disclosure Reports
No Disclosure Reports available at this time
There are no disclosure reports to display for this portfolio - either the portfolio has not been rated by Morningstar Sustainalytics or the rating process did not yield valid disclosure criteria to be be reported.
- Portfolio Carbon Risk Ratings Disclosure Report | 10-Apr-2026
Disclosure Report for: Portfolio Carbon Risk Ratings
Publication Date: 10-Apr-2026
Morningstar Sustainalytics is issuing this notification for Portfolio Carbon Risk Ratings
As of 5-Apr-2026 a new version of the product's methodology is being used in issuing fund and portfolio ratings.
Details on current and earlier documentation are available below:
Methodology Version Version 3.1 from 5-Apr-2026 Methodology Links All current and previous Methodology versions and associated disclosure tables can be accessed here: Historical Portfolio Carbon Risk Ratings Methodology Documentation
Portfolio Low Carbon Designation
Morningstar Sustainalytics' Portfolio Low Carbon Designation identifies funds with low carbon-related financial risk and limited exposure to fossil fuel revenues. The designation's primary output is a binary indicator based on two portfolio-level screens: whether a portfolio's Historical Carbon Risk Score falls below 10, and whether its Historical Fossil Fuel Percentage of Covered Portfolio Involved falls below 7%, each derived from Morningstar Sustainalytics' Carbon Risk Ratings and Product Involvement research for corporate issuers.
Methodology Documents
Disclosure Reports
No Disclosure Reports available at this time
There are no disclosure reports to display for this portfolio - either the portfolio has not been rated by Morningstar Sustainalytics or the rating process did not yield valid disclosure criteria to be be reported.
- Portfolio Portfolio Low Carbon Designation Disclosure Report 01 | 10-Apr-2026
Disclosure Report for: Portfolio Portfolio Low Carbon Designation
Publication Date: 10-Apr-2026
Morningstar Sustainalytics is issuing this notification for Portfolio Portfolio Low Carbon Designation
As of 5-Apr-2026 a new version of the product's methodology is being used in issuing fund and portfolio ratings.
Details on current and earlier documentation are available below:
Methodology Version Version 3.1 from 5-Apr-2026 Methodology Links All current and previous Methodology versions and associated disclosure tables can be accessed here: Historical Portfolio Portfolio Low Carbon Designation Methodology Documentation - Portfolio Portfolio Low Carbon Designation Disclosure Report 02 | 10-Apr-2026
Disclosure Report for: Portfolio Portfolio Low Carbon Designation
Publication Date: 10-Apr-2026
Morningstar Sustainalytics is issuing this notification for Portfolio Portfolio Low Carbon Designation
As of 5-Apr-2026 a new version of the product's methodology is being used in issuing fund and portfolio ratings.
Details on current and earlier documentation are available below:
Methodology Version Version 3.1 from 5-Apr-2026 Methodology Links All current and previous Methodology versions and associated disclosure tables can be accessed here: Historical Portfolio Portfolio Low Carbon Designation Methodology Documentation
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