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Environment "Morgan Stanley's commitment to the environment is evidenced by our Environmental Policy Statement. We have an ongoing commitment to do business in an environmentally responsible way." Jeff Holzschuh Vice Chairman Institutional Securities Group Chair of the Environmental Committee Morgan Stanley recognizes that a healthy and sustainable environment is critically important to our global society, our economy, our business and our people. We believe that we have a responsibility to manage and leverage our resources — and the work we do as one of the world's leading financial services firms — in a way that promotes a healthy environment. As such, we are committed to considering environmental issues in all aspects of our business, including how we evaluate companies, transactions and risk; how we collaborate with and serve our clients, financing partners and employees; how we conduct our own operations; and how we promote and develop new market opportunities. This commitment is outlined in the Morgan Stanley Environmental Policy Statement, which was established in 2002 and updated in 2007. As discussed in more detail below, we have made important progress toward our key environmental objectives, including a recent announcement to become "carbon neutral" globally by 2008. To this end, the Firm will offset those emissions we cannot yet reduce through our extensive energy and greenhouse gas reduction efforts in our buildings, travel and waste management. These steps reaffirm our belief in addressing the environment at home first in order to be credible and responsible to our shareholders and clients." Learn More About Our Commitment Learn More
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