Morgan Stanley Launches Institute For Sustainable Investing

Austin Freitas

4 November 2013

,” as well as pledge $1 billion in a sustainable communities initiative to improve the quality and affordability of lower income housing. It seeks to invest in opportunities to ensure lasting supplies of essentials such as food, energy and shelter.

Chairman and CEO James Gorman, along with CEOs from a variety of groups such as Feeding America and New York Presbyterian Hospital, will sit on the institute’s advisory board. Morgan Stanley is a global financial services firm with over $780 billion in total assets.