Morgan Stanley

Sustainability at Work

Discover Morgan Stanley's sustainability principles, objectives in the workplace and progress toward our goals. Explore how we plan to reduce energy, paper, water, single-use plastics and our carbon footprint while enhancing our supply-chain and becoming a carbon neutral corporation.

Key Tenets

Corporate Services’ operational sustainability program aims to reduce the global environmental impact of our physical business operations and minimize our carbon footprint.

The program engages employees about enhanced operational performance while concretely supporting the firm's core values and reputation.

Corporate Services aims for continuous improvement and transparency, by welcoming feedback and involvement from all employees.


Our Goals and Progress

CLIMATE-RELATED TARGETS

100%Carbon Neutralby 2022

Achieve carbon neutrality in our global energy, direct emissions and corporate travel carbon footprint.
Learn about our commitment

7%of goal achieved as of 2019 year-end
100%Renewable Electricityby 2022

Combine a multi-faceted approach for renewable energy sources connected to the grid, renewable electricity direct to the meter and renewable electricity certificates.

18%of goal achieved as of 2019 year-end
25%Energy Reductionby 2025

Reduce consumption of all energies and advance renewable energy generation installed locally on-site.

2%of goal achieved as of 2019 year-end

RESOURCE MANAGEMENT TARGETS

100%Reduction of Single-Use Plasticsby 2024

Reduce single-use plastic and avoid lost plastics on land and in the ocean by combining the use of alternative disposables with durable reusable products.
Learn how we're tackling plastic waste

83%of goal achieved as of 2019 year-end
30%Paper Reductionby 2023

Use technology to reduce printed paper consumption and paper records for archive.

14%of goal achieved as of 2019 year-end
15%Water Reductionby 2025

Reduce water consumption through efficiencies, reclamation and conservation.

4%of goal achieved as of 2019 year-end
100%Landfill Diversionby 2025

Manage and transform office waste into an efficient corporate recycling and composting program.

64%of goal achieved as of 2019 year-end
50%LEED Certifiedby 2025

Create a high-performance built environment recognized by third-party certifications, including LEED.

33%of goal achieved as of 2019 year-end
50%Green Leases2025 Goal

Obtain green lease rights and services, which align landlord and tenant incentives, to progress efficiency enhancements and conservation measures, supported with transparent performance reporting.

4%of goal achieved as of 2019 year-end (includes executed leases and leases in review)

SUPPLY CHAIN TARGETS

90%Supplier Agreementby 2022

Enhance ESG supply chain by partnering with suppliers who share our environmental, social and governance values.

58%of goal achieved as of 2019 year-end

Operational ambition and achievement of progress, unless otherwise noted, relates to operations under Morgan Stanley control.


Timeline of Operational Milestones
2006
1st
public submission

First public submission of operational performance to the Carbon Disclosure Project (CDP)

2007
REDUCED
Daytime
Electrical Demand

Installation of ice storage system at 522 5th Avenue New York location reduces daytime electrical demand and decreases electric utility grid stress

2008
Earth Hour
TURN OFF THE LIGHTS

Morgan Stanley's inaugural participation in annual Earth Hour event raising awareness about climate change

2009
10%
EMISSIONS REDUCTION

Early achievement of 10% greenhouse gas emissions reduction by 2012

Set new target of 15% greenhouse emissions reduction of all office space by 2013

2010
Optimized Infrastructure

Installation of continuous commissioning technology optimizes infrastructure performance at 1585 Broadway (New York headquarters), 522 5th Avenue and Purchase, New York locations

Carbon Disclosure Leadership

Awarded 3rd highest placement in the S&P 500 Carbon Disclosure Leadership index

LEED
Platinum & gold LEED Building certification

One Indiabulls Center in Mumbai receives LEED Platinum certification

International Commerce Center in Hong Kong receives LEED Gold certification

2011
Eliminated
PLASTICS AND PAPER CUP DISPOSABLES IN ASIA

Single-use plastics and paper cup disposables eliminated from Asia region cafeterias and pantries.
Learn why we're reducing plastic pollution

LEED
Gold Certification

Somerset, New Jersey Data Center receives LEED Gold certification

2012
LEED
Gold certification

522 5th Avenue, New York receives LEED Gold certification

2013
720kW
OF RENEWABLE SOLAR POWER

Installation of 720 kW solar array provides renewable power at Purchase, New York location

2014
LEED
Gold certification

Otemachi Financial City receives LEED Gold certification

250kW
fuel cell

Installation of 250 kW natural gas fuel cell provides clean power at Purchase, New York location

2016
100%
Renewable electricity

Selected 100% renewable electricity for all UK locations

750kW
fuel cell

Installation of 750 kW natural gas fuel cell providing clean power at 1585 Broadway, New York headquarters

2017
100%
GLOBAL CARBON NEUTRALITY AND RENEWABLE ELECTRICITY

Public commitment to achieve 100% carbon neutrality across global operations, 100% renewable electricity and 20% energy reduction globally by 2022

2018
Global Operational Sustainability Council

Council established to deliver operational sustainability across the firm to minimize our environmental impact

Carbon Dioxide Scrubbers

Installation of carbon dioxide scrubbers enhances air quality with reduced electrical consumption at 1585 Broadway, 522 5th Avenue and Purchase, New York locations

Supplier Survey
Issued ESG Questionnaire

Created the Supplier Code of Conduct (SCoC), and initiated on-going review of supplier ESG principles and their agreement to Morgan Stanley SCoC
See our Supplier Code of Conduct

LEED
Gold Certification

Bengluru, RMZ Ecoworld Business Park in India receives LEED Gold certification

2019
Sustainability at Work

Launch of firm-wide “Sustainability at Work” program

Diverted waste

100% of UK operations business waste diverted from landfill

1.8mW
of renewable solar power panels

Installation of 1.8 MW solar array provides renewable power at Somerset, New Jersey data center

2020
Enhancement of
Sustainability at Work

Enhancement of Sustainability at Work with bigger and bolder targets increases the ambition, scale and environmental benefit of the program

Green Lease
DELIVERING NEW MUMBAI CAMPUS

Green lease for a new Mumbai tower will adhere to sustainability business operation targets