The Guardian: Morgan Stanley’s sustainable investing institute: are banks getting serious?

December 9th, 2013

dowjones460x276Wall Street and sustainability might seem rather odd coupling, especially after the crash of 2008. But the announcement by Morgan Stanley to create a new center of sustainability could be a sign global financiers are getting serious about accommodating clients who want to invest with one hand on the heart and the other on the pocketbook.

Morgan Stanley is setting up a multi-billion dollar Institute for Sustainable Investing to attract those who want to invest profitably, and on a large scale, in renewable energy and more liveable communities – while also shedding carbon-based assets.

More from The Guardian here:

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