“They’re trying to smuggle anti-Israel policies into the so-called ESG [environmental, social and corporate governance] criteria,” he said.
The law signed by DeSantis prevents Florida from working with companies who are “taking adverse action, including changes to published commercial financial ratings … to inflict economic harm on Israel.”
Morningstar is a firm that has faced frequent criticism over concerns of anti-Israel bias, which they addressed late last year.
In April, Jewish News Syndicate warned that Morningstar’s practices could damage several companies over serving citizens in “occupied” territories in the region.