A ‘Net-Zero’ Portfolio Is a Pipe Dream. Here’s What Investors Can Do Instead to Fight Climate Change.

“Access to capital will increasingly be tied to a company’s ability to reduce its emissions at the rate and scope necessary to align with the Paris goal,” said Danielle Fugere, president of As You Sow, a shareholder advocacy group. Read More →

EnergyAsYouSowSeptember 28, 2020Leslie P. Norton, energy, climate, net zero, Morgan Stanley, morgan stanley, homepage

Morgan Stanley will be first U.S. bank to disclose how much its loans and investments contribute to greenhouse-gas emissions

“We are pleased that U.S. banks are finally stepping up to the challenge of measuring and reducing climate impacts as European peers already have. Morgan Stanley’s commitment shows that digging in and taking responsibility for its climate contribution is good business. We expect other U.S. banks to take note,” said Lila Holzman, energy program manager at As You Sow, a sustainable-investing advocate. Read More →

Environmental HealthAsYouSowJuly 28, 2020Rachel Koning Beals, climate, climate change resolution, climate change, climate resolution, morgan stanley, Morgan Stanley