Data Validation for the ESG Risk Rating

This guide provides detailed instructions for companies on the data validation process related to the ESG Risk Rating produced by Morningstar Sustainalytics. It outlines the importance of reviewing and validating data collected from various sources, including corporate disclosures and public domain information. The document describes the scoring model used to assess a company's exposure to ESG risks and management practices. It emphasizes the significance of the Full Update and Post-Full Update phases in the research process, detailing how companies can prepare for these updates. The guide also explains the roles of the Issuer Relations Team and the ESG Research Team in facilitating communication and ensuring the integrity of the assessment process. Companies are encouraged to utilize the provided templates for submitting comments and to focus on correcting factual errors while supporting their feedback with relevant documentation. Overall, the guide aims to enhance transparency and accountability in the ESG Risk Rating research process.