About Us
Reducing our Footprint:
Reducing our Footprint:
Energy Reduction and Renewable
Energy Procurement at Morgan Stanley
Morgan Stanley has a long-standing commitment to reducing energy consumption, improving energy efficiency and procuring renewable energy across our global operations. Scroll down for a snapshot of our main operational energy goals and our progress to date.
Renewable Energy Commitment
100%
Morgan Stanley is committed to achieving carbon neutrality for global operations by 2022; as part of this goal, we will source 100% of our global energy needs from renewable energy.
Alongside this commitment, Morgan Stanley joined RE100, an initiative led by the Climate Group and CDP, which unites companies committed to working to increase demand for and delivery of renewable energy.
An 1,800 kW solar array is slated to be completed at a Morgan Stanley data center in Somerset, New Jersey in 2018. It will produce approximately 2,368,160 kWh annually.
In 2017, we produced clean electricity with our onsite solar and fuel cell generation systems, which could power approximately
000
average US homes for per year (9,400,559 kWh)
Since 2012, we have reduced our greenhouse gas (GHG) emissions by the equivalent of those emitted in one year by 32,427 passenger vehicles.
We reduced our electricity consumption by 171,447 megawatt hours (MWh) in 2017, compared to 2012.
2012
2013
2014
2015
2016
2017
In 2012, we also began greening our electricity supply. Our GHG emissions from electricity purchases have declined by 144,601 MTCO2e since 2012, which is equivalent to the emissions mitigated by changing 4,839,391 incandescent bulbs to high efficiency LED bulbs.
0,000,000
incandescent bulbs to LEDs.