Morgan Stanley Announces Sustainable Solutions Social Justice Innovation Awards
18 Outubro 2021 - 11:00AM
Business Wire
- New awards seek out innovative solutions to promote social
justice and inclusive economic opportunity in the United
States.
- In strategic partnership with Morgan Stanley, national
nonprofit Centri Tech Foundation will select 5 winners to receive
$250,000 award and customized support to accelerate their ability
to scale and drive systemic change.
- Awardees will become part of the Morgan Stanley Sustainable
Solutions Collaborative, a Firmwide initiative focused on
identifying breakthrough innovations to address complex global
sustainability challenges.
Morgan Stanley today announced the Sustainable Solutions Social
Justice Innovation Awards – a new award program dedicated to
identifying systemic solutions that advance social and racial
justice and achieve inclusive economic opportunity in the United
States. The Sustainable Solutions Social Justice Innovation Awards
are part of the Morgan Stanley Sustainable Solutions Collaborative,
an initiative that recently announced inaugural awards to
organizations working to address complex global sustainability
challenges. In the first year, five awardees will be selected and
each will receive a $250,000 award to help develop and scale their
solutions focused on social justice as an integral part of a
sustainable future.
“It is clearer than ever that the greatest challenges we face –
climate change, social justice, and inclusive growth – are
inextricably linked. We must seek out solutions that address social
justice at a systemic level to realize a more sustainable future,”
said Audrey Choi, Morgan Stanley Chief Sustainability Officer and
CEO of the Institute for Sustainable Investing.
The inaugural awards will feature innovators who are advancing
bold, impact-oriented solutions that address complex issues of
social justice through an interdependent lens. Winners will also be
selected for their leadership, creative vision, and strategic
approach to achieving outcomes that center people and communities.
Particular interest will be given to solutions that leverage
technology and digital strategies to enable transformative change.
A national network of independent, external nominators and
reviewers will help identify social justice innovations with the
most potential to drive systemic change in communities across the
country.
“Over the past decade, Morgan Stanley has been focusing on
collaborative solutions that support holistic community
development, for example bringing together quality affordable
housing with access to healthcare, fresh and healthy foods and
equitable transport,” said Mike Mantle, Head of Community
Development Finance group at Morgan Stanley. “These awards build on
that long-standing commitment to integrated solutions that promote
inclusive economic opportunity.”
In addition, awardees will participate in a cohort experience
facilitated by the Morgan Stanley Institute for Sustainable
Investing and Centri Tech Foundation, a national non-profit
dedicated to optimizing technology to improve lives and promote
economic equality. The customized program is designed to promote
collaboration, build capacity, and provide support to leaders
focused on achieving transformative impact through the scale of
systemic solutions.
“We are thrilled to partner with Morgan Stanley on this critical
effort,” said Rey Ramsey, Chairman of Centri Tech Foundation. “This
new award is an opportunity to bring to bear our focus on
accelerating systems change toward improved social outcomes. We are
honored to collaborate with visionary innovators to deliver
meaningful justice in our society.”
To learn more about the Morgan Stanley Sustainable Solutions
Collaborative, please visit
https://www.morganstanley.com/what-we-do/institute-for-sustainable-investing/sustainable-solutions-collaborative.
About Morgan Stanley
Morgan Stanley is a leading global financial services firm
providing investment banking, securities, investment management and
wealth management services. With offices in more than 41 countries,
the Firm's employees serve clients worldwide including
corporations, governments, institutions and individuals. For more
information about Morgan Stanley, please visit
www.morganstanley.com.
About the Institute for Sustainable Investing
The Morgan Stanley Institute for Sustainable Investing (The
Institute) builds scalable finance solutions that seek to deliver
competitive financial returns while driving positive environmental
and social impact. Founded in 2013, The Institute creates
innovative financial products, thoughtful insights and capacity
building programs that help maximize capital to create a more
sustainable future. In 2020, the Institute launched the Sustainable
Solutions Collaborative, which seeks to scale systemic solutions to
the world’s most pressing sustainability challenges. For more
information about the Morgan Stanley Institute for Sustainable
Investing, visit www.morganstanley.com/sustainableinvesting.
About Centri Tech Foundation
Centri Tech Foundation, a national nonprofit based in
Washington, DC, optimizes technology and community development
resources to promote Digital Advancement to unlock human potential,
advance the standard of living, and build a more inclusive digital
economy. For more information, visit www.centritechfdn.org.
Disclosures
The returns on a portfolio consisting primarily of
Environmental, Social and Governance (“ESG”) aware investments may
be lower or higher than a portfolio that is more diversified or
where decisions are based solely on investment considerations.
Because ESG criteria exclude some investments, investors may not be
able to take advantage of the same opportunities or market trends
as investors that do not use such criteria. Diversification does
not guarantee a profit or protect against loss in a declining
financial market.
© 2021 Morgan Stanley & Co. LLC and Morgan Stanley Smith
Barney LLC. Members SIPC.
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Media Contact: Katherine Stueber,
Katherine.Stueber@morganstanley.com
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