Integrating ESG Into Morningstar's Equity Research

Adam Fleck is director of research, ratings and ESG, for Morningstar Research Services LLC, a wholly owned subsidiary of Morningstar, Inc.

Before assuming his current role, Fleck was director of equity research, ESG, where he led Morningstar's environmental, social, and governance equity research efforts, including collaboration with Sustainalytics, along with a team of analysts in Chicago and Amsterdam. Previously, he was Morningstar's regional director of equity research in Australia and New Zealand and director of North American consumer equity research. He joined Morningstar in 2006.

Fleck holds a bachelor's degree in business administration from the University of Notre Dame, where he graduated cum laude. He also holds the Chartered Financial Analyst® designation.

Kristoffer Inton is a strategist, AM Consumer, for Morningstar*. He covers food, tobacco, and cannabis companies. He also serves as the chair of Morningstar equity research’s ESG methodology.

Before joining Morningstar in 2013, Inton was an investment banking associate for Guggenheim Securities in New York. Previously, he was an investment banking analyst for Merrill Lynch in Chicago and New York. In these roles, he helped advise companies on mergers, acquisitions, and financings.

Inton holds a bachelor's degree in finance with high honors from the University of Illinois Gies College of Business. He also holds a Master of Business Administration with distinction from Northwestern University's Kellogg School of Management.

* Morningstar Research Services LLC (“Morningstar”) is a wholly owned subsidiary of Morningstar, Inc