Finance Breaking news Morgan Stanley commits to reach net-zero finance emissions by 2050 last financial news

Breaking-Finance.Com - Morgan Stanley today announced a new commitment to reach net-zero financed emissions by 2050.

Finance Breaking news Morgan Stanley commits to reach net-zero finance emissions by 2050 last financial news

Breaking-Finance.Com - Morgan Stanley today announced a new commitment to reach net-zero financed emissions by 2050.

Finance Breaking news Morgan Stanley commits to reach net-zero finance emissions by 2050 last financial news
30 September 2020 - 12:45

Breaking-Finance.Com - The Firm joins many of its clients in this strategic goal and is committed to providing financing, expertise and thought leadership to support the transition to a low-carbon world.“Climate change is one of the most complex and interconnected issues of our time,” said Audrey Choi, Chief Sustainability Officer at Morgan Stanley. “Morgan Stanley believes we have an important role to play in facilitating the transition to a low carbon future, and we are proud to embark on this journey.”A critical challenge to achieving this goal is the lack of standardized tools and methodologies around measuring and disclosing financed emissions.

. As part of that effort, the Firm recently joined the Steering Committee of the Partnership for Carbon Accounting Financials (PCAF) and will seek to play a leadership role in capacity building. Once consistent, robust and comparable metrics and methodologies are available, the Firm will set its initial financed emissions reduction targets while continuing to help find solutions for its clients.“Morgan Stanley has been a leader in sustainable finance since we founded our Global Sustainable Finance Group over a decade ago,” said Matthew Slovik, Head of Global Sustainable Finance at Morgan Stanley. “This is the next major evolution of our efforts as we continue to integrate the potential risks and opportunities of climate change into our core business.”

Source = Breaking-Finance.Com

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Finance Breaking news Morgan Stanley commits to reach net-zero finance emissions by 2050 last financial news


Finance Breaking news Morgan Stanley commits to reach net-zero finance emissions by 2050 last financial news


Finance Breaking news Morgan Stanley commits to reach net-zero finance emissions by 2050 last financial news


Finance Breaking news Morgan Stanley commits to reach net-zero finance emissions by 2050 last financial news

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