Global sustainability issues, such as climate change and inequality, pose significant risks to our business. However, there are tremendous opportunities for us in being part of the solution.
OUR CHIEF SUSTAINBILITY OFFICER (CSO)
Our CSO, Audrey Choi, leads our efforts to promote sustainability through the global capital markets in partnership with divisions across the firm.
“It’s imperative that we as individuals and a firm think about the best interests of our shareholders, our employees, our clients and our community in everything we do," Choi says. "Global sustainability issues, such as climate change and inequality, pose significant risks to our business. However, there are tremendous opportunities for us in being part of the solution alongside public policymakers, regulators and the private sector.”
For information about Morgan Stanley's approach to corporate governance more broadly, please visit our corporate governance page.
Integrating environmental and social risk into our business review process is a priority and enables us to appropriately assess business opportunities. We have strong due diligence and risk management processes in place to identify, analyze and address potentially significant ESG risks to our firm or clients.
Morgan Stanley’s Environmental and Social Policy Statement sets forth environmental and social guidelines, which are incorporated into our due diligence process, engagement with companies, supplier expectations and operations. Our Statement on Human Rights, approved by our Board of Directors, enshrines our commitment to respect and uphold human rights.
Morgan Stanley monitors transactions that could expose the firm to risks raised by environmental and social issues. The Environmental and Social Risk Management (ESRM) team provides guidance to deal teams globally on potentially material franchise risks. In-scope transactions are reviewed by ESRM and our businesses. Depending on the results of the ESRM review, transactions may be escalated to our Regional and Global Franchise Committees and to senior management.