Morgan Stanley Launches Institute for Sustainable Investing
Published on by Water Network Research, Official research team of The Water Network in Academic
Morgan Stanley has decided to get into sustainable investments in a big way, announcing the Morgan Stanley Institute for Sustainable Investing.
The goal is to advance market-based solutions to economic, social and environmental challenges by bringing sustainable investments to significant scale.
"Our clients are increasingly turning their attention to what it takes to secure the lasting and safe supplies of food, energy, water and shelter necessary for sustainable prosperity," says James Gorman, CEO of Morgan Stanley.
"As the world's population grows toward 9 billion and beyond, meeting the exponentially growing needs for quality education, healthcare, housing and security will far outstrip current models of business, government or philanthropy. We are committed to playing a catalytic role in forging innovative cross-sector partnerships that develop solutions to mobilize capital efficiently and effectively to meet these challenges at scale," says Audrey Choi, who heads Morgan Stanley's Global Sustainable Finance group and will serve as CEO of the Institute for Sustainable Investing.
There are three areas of focus: financial products that make it possible for clients to invest in sustainability-focused strategies while getting strong risk-adjusted financial returns; thought leadership that helps mobilize significant capital; and strategic partnerships that build capacity and best practices in scalable sustainable investing.
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Taxonomy
- Environmental Consequences
- Sustainable Economy