Morgan Stan­ley to show loans cli­mate im­pact

The Daily Telegraph - Business - - Business -

Morgan Stan­ley will be­gin re­port­ing the carbon emis­sions re­sult­ing from its lend­ing and in­vest­ments, be­com­ing the first ma­jor US bank to pub­licly dis­close con­trib­utes to cli­mate change. It is join­ing the Part­ner­ship for Carbon Ac­count­ing Fi­nan­cials, a body with 66 fi­nan­cial com­pany mem­bers man­ag­ing $5.3 tril­lion (£4.2 tril­lion) of as­sets.

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