Do Sustainable Stocks Have the Strongest Moats?

How a company manages environmental, social and governance issues can determine whether or not it can maintain its economic moat

Travis Miller 24 February, 2020 | 9:20AM

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Companies today face unprecedented risks as investors demand accountability and transparency in how corporations approach the environment, attend to the well-being of their workers, and govern themselves in an ethical way.

To Morningstar, these factors—environmental, social, and governance—come down to the bedrock of investing: risk.

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The information contained within is for educational and informational purposes ONLY. It is not intended nor should it be considered an invitation or inducement to buy or sell a security or securities noted within nor should it be viewed as a communication intended to persuade or incite you to buy or sell security or securities noted within. Any commentary provided is the opinion of the author and should not be considered a personalised recommendation. The information contained within should not be a person's sole basis for making an investment decision. Please contact your financial professional before making an investment decision.

About Author

Travis Miller  is the director of utilities sector securities research at Morningstar.

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