Wall 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: http://ow.ly/qFtxv