Morgan Stanley integrates sustainability into the firm’s activities through three core areas of focus: Solutions and Services, the Institute for Sustainable Investing and Firmwide Sustainability.
“At Morgan Stanley, we are focused on integrating ESG initiatives into our firm’s core competencies," says Chairman and Chief Executive Officer James P. Gorman. “With our best-in-class research, advisory and investing capabilities, Morgan Stanley is in a unique position to advance sustainability across capital markets. Our efforts require the wholehearted support of our people. From living our core values to nurturing an inclusive workplace to addressing the key sustainability challenges of our time, our employees make Morgan Stanley what it is today.”
With our research, advisory and investing capabilities, Morgan Stanley is in a unique position to advance sustainability across capital markets.
Sustainable Finance Commitment: In 2021, Morgan Stanley committed to mobilizing $1 trillion for sustainable solutions, including $750 billion in low-carbon initiatives, by 2030. To achieve our objectives, which support the UN Sustainable Development Goals (SDGs), we aim to increase business activities that enable the transition to a low-carbon economy, such as clean-tech and renewable energy financing, green bond underwriting and other transactions.
Net-Zero Financed Emissions by 2050: In 2020, Morgan Stanley became the first major U. S.-headquartered global financial services firm to commit to achieving net-zero—a state in which the amount of carbon produced is offset by the amount removed from the atmosphere—in financed emissions by 2050. To achieve our goal, we'll provide financing, expertise and thought leadership to support the transition to a low-carbon world.
Learn more about our approach on how to achieve net-zero emissions and our interim 2030 sector targets.
Carbon Neutrality: In 2017, we committed to achieving carbon neutrality across our global operations by 2022. Our goal is to power 100% of global operational electricity needs from renewable sources and offset any remaining emissions. To achieve this, we're exploring on-site power generation, securing power purchase agreements and purchasing renewable energy credits and carbon offsets.
Our Plastic Waste Resolution: Morgan Stanley is committed to tackling the plastic waste crisis through the capital markets and by collaborating with our clients and employees. By 2030, we aim to help facilitate the prevention, reduction and removal of 50 million metric tons of plastic waste from entering rivers, oceans, landscapes and landfills. This commitment includes eliminating single-use plastics from our global operations.
Learn more about our Plastic Waste Resolution.