Recognizing the popularity of socially-conscious investing, Morningstar recently introduced its sustainability rating for funds, which will help investors evaluate about 21,000 funds based on environmental, social, and governance, or ESG, factors, the firm said.

ESG investing has grown to include over $6 trillion in U.S. investing assets, according to the Forum for Sustainable and Responsible Investment. But the non-profit also reported that many asset managers differ on how they disclose their ESG governance and strategies.

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