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Morgan StanleyUnited States

Active

This profile is actively maintained
Last update: 2024-12-17 11:57:35
Morgan Stanley's head office in New York. Photo: Yusuke Kawasake via Flickr (CC BY 2.0)

Active

This profile is actively maintained
Last update: 2024-12-17 11:57:35
Bank info
BankTrack campaigns
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About
Website http://www.morganstanley.com/
Headquarters
1585 Broadway
NY 10036 New York
United States
CEO/chair Ted Pick
Chairman & CEO
Supervisor
Federal Reserve
Ownership
listed on NYSE

Morgan Stanley's largest shareholder is Japanese bank Mitsubishi UFJ Financial Group (22.3%, as of Jan 13 2023). Morgan Stanley's complete shareholder structure can be accessed here.

Morgan Stanley is an American investment bank, founded in 1935. With offices in more than 41 countries, the bank's clients include corporations, governments, institutions, and individuals. Morgan Stanley's main activities are: institutional securities, wealth management and investment management.

Sustainability
Commitments
Policies
Voluntary standards

Morgan Stanley's most important sustainability commitments can be found at the website sections listed below.

Links

Sustainability

2024-10-07 00:00:00

Code of Conduct

Bank policy
2024-10-07 00:00:00 | Morgan Stanley
2024-09-01 00:00:00

Environmental and Social Policy Statement

Bank policy
2024-09-01 00:00:00 | Morgan Stanley
2024-05-07 00:00:00

Human Rights Statement

Bank policy
2024-05-07 00:00:00 | Morgan Stanley
2024-04-24 00:00:00

Modern Slavery and Human Trafficking Statement 2023

Bank policy
2024-04-24 00:00:00 | Morgan Stanley
2022-11-30 00:00:00

Restriction Screening and ESG Policy

Bank policy
2022-11-30 00:00:00 | Morgan Stanley Investment Management
2022-03-31 00:00:00

Sustainable investing policy

Bank policy
2022-03-31 00:00:00 | Morgan Stanley
2019-08-08 00:00:00

Statement on human rights

Bank policy
2019-08-08 00:00:00 | Morgan Stanley
2019-06-10 00:00:00

Modern Slavery Statement

Bank policy
2019-06-10 00:00:00 | Morgan Stanely
2019-04-01 00:00:00

Policy for corporate social responsibility

Bank policy
2019-04-01 00:00:00 | Morgan Stanley
2019-04-01 00:00:00

Supplier code of conduct

Bank policy
2019-04-01 00:00:00 | Morgan Stanley
2019-03-15 00:00:00

Coal and oil & gas policy statements

Bank policy
2019-03-15 00:00:00 | Morgan Stanley
2018-12-31 00:00:00

Code of conduct

Bank policy
2018-12-31 00:00:00 | Morgan Stanley
2018-05-23 00:00:00

Modern slavery and human trafficking statement

Bank policy
2018-05-23 00:00:00 | Morgan Stanley
2018-04-30 00:00:00

Code of ethics and business conduct

Bank policy
2018-04-30 00:00:00 | Morgan Stanley
2014-01-01 00:00:00

Policy Statement on the Future Development of the Galilee basin and Abbot Point

Bank policy
2014-01-01 00:00:00 | Morgan Stanley
Morgan Stanley has committed itself to the following voluntary standards:
Business for Social ResponsibilityTags: corporate social responsibility
Carbon Disclosure ProjectTags: carbon | climate change | greenhouse gas emissions
Carbon PrinciplesTags: carbon | climate change | greenhouse gas emissions
Global Reporting InitiativeTags: sustainable development | human rights
Green Bond PrinciplesTags: bond issuance | investment | sustainable development
Greenhouse Gas Protocol Tags: climate change | greenhouse gas emissions | mitigation
Partnership for Carbon Accounting Financials (PCAF)Tags: carbon | corporate social responsibility
Task Force on Climate-related Financial Disclosures (TCFD)Tags: corporate social responsibility | finance
Dodgy Deals

Morgan Stanley is linked to a number of companies and projects that BankTrack considers controversial (so called Dodgy Deals), e.g. as a current or past financier or through an expression of interest. The profiles below provide more details on the nature of Morgan Stanley's link to these deals.

Projects / Companies
Finance type
Year
News
BankTrack
Partners
Blog
External
BankTrack news BankTrack blog Partner news Partner blog

Big Banks Quietly Prepare for Catastrophic Warming

Morgan Stanley, JPMorgan and an international banking group have quietly concluded that climate change will likely exceed the Paris Agreement’s 2 degree C goal and are examining how to maintain profits
2025-03-31 | Scientific American
BankTrack news BankTrack blog Partner news Partner blog

Big banks abandoned a voluntary climate alliance. Now, critics are calling for new laws.

Environmental groups say state and international policymakers must step up to stop fossil fuel financing.
BankTrack mentioned
2025-03-03 | Grist
Blog
BankTrack news BankTrack blog Partner news Partner blog

Wells Fargo becomes first major US bank to abandon its net-zero commitment

Sierra Club calls move cowardly and shortsighted
2025-02-28 | San Francisco | Sierra Club
BankTrack news BankTrack blog Partner news Partner blog

The world’s biggest climate finance coalition is in crisis. Is it worth saving?

BankTrack mentioned
2025-02-19 | Climate Home News
Blog
BankTrack news BankTrack blog Partner news Partner blog

New report: "At Great Cost: The companies building nuclear weapons and their financiers”

2025-02-18 | ICAN, PAX
Blog
BankTrack news BankTrack blog Partner news Partner blog

Elk Valley in Canada: With money from global banks, Glencore sacrifices entire mountain ranges for coal, polluting the water irreversibly.

But the Ktunaxa Nation is fighting back
2025-02-04 | BankTrack, ING Fossielvrij, Wildsight
BankTrack news BankTrack blog Partner news Partner blog

RBC Quits Climate Group as Canadian Banks Follow Wall Street

2025-01-31 | BNN Bloomberg
Blog
BankTrack news BankTrack blog Partner news Partner blog

The NZBA’s moment of truth

With 11 major US and Canadian banks leaving the Net Zero Banking Alliance (NZBA), it’s a pivotal moment for the initiative to finally live up to its promise - or die trying
2025-01-21 | Nijmegen | BankTrack
BankTrack news BankTrack blog Partner news Partner blog

Do NZBA exits mark the end of bank co-ordination on climate?

It is make or break for the industry-led, UN-convened Net-Zero Banking Alliance
BankTrack mentioned
2025-01-10 | The Banker
BankTrack news BankTrack blog Partner news Partner blog

Six big US banks quit net zero alliance before Trump inauguration

Exodus from target-setting group is attempt to head off ‘anti-woke’ attacks from rightwing politicians, say analysts
2025-01-08 | The Guardian
BankTrack news BankTrack blog Partner news Partner blog

Financiële wereld schroeft groene ambities terug met oog op Trump

BankTrack mentioned
2025-01-07 | Het Financieele Dagblad
BankTrack news BankTrack blog Partner news Partner blog

Goldman Sachs faces backlash after backing out of global coalition — here's what it had to say

Goldman Sachs' departure appears to have kicked off a wave of other banks ditching NZBA membership.
BankTrack mentioned
2025-01-06 | The Cool Down
Blog
BankTrack news BankTrack blog Partner news Partner blog

Banks urged to refuse MUFG’s call to finance Papua LNG

2024-12-18 | ActionAid Australia, Centre for Environmental Law and Community Rights (CELCOR), Friends of the Earth Japan, Japan Center for Sustainable Environment and Society (JACSES), Jubilee Australia Research Centre, Market Forces, Reclaim Finance
Blog
BankTrack news BankTrack blog Partner news Partner blog

Demand for UN & Climate Banking Alliance to enforce commitments following Goldman Sachs exit

Climate and community groups have written to the United Nations and the NZBA following Goldman Sachs’ exit from the alliance and backsliding by Morgan Stanley.
2024-12-18 | Stand.earth
Blog
BankTrack news BankTrack blog Partner news Partner blog

Banks and investors’ unrestricted finance for LNG is fueling a future climate bomb

2024-12-05 | Reclaim Finance
Blog
BankTrack news BankTrack blog Partner news Partner blog

Most large banks still failing to implement UN human rights principles, new BankTrack benchmark finds

Despite gradual progress, banks show little action in addressing impacts, protecting vulnerable groups and supporting affected communities.
2024-11-27 | BankTrack
Blog
BankTrack news BankTrack blog Partner news Partner blog

Sierra Club finds major US banks are climate laggards, recommends steps to meet net-zero commitments

Largest US banks committed to net-zero emissions by 2050, not yet on track to make it happen
2024-10-09 | Sierra Club
Blog
BankTrack news BankTrack blog Partner news Partner blog

Energy supply financing ratios: the next milestone in banks’ climate strategy

The energy supply financing ratio is a key indicator that synthesizes two major challenges in limiting global warming to 1.5°C: the phase-out of fossil fuels and the development of sustainable alternatives.
2024-10-07 | Reclaim Finance
Blog
BankTrack news BankTrack blog Partner news Partner blog

TotalEnergies and financial markets: Financial institutions engaged for decades of pollution

2024-09-30 | Reclaim Finance
BankTrack news BankTrack blog Partner news Partner blog

World’s biggest banks pledge support for nuclear power

Names including Bank of America, Morgan Stanley and Goldman Sachs boost COP28 goal of tripling capacity by 2050
2024-09-23 | Financial Times
Blog
BankTrack news BankTrack blog Partner news Partner blog

Banks must overhaul climate targets to deliver emissions cuts, new analysis finds

Reclaim Finance is urging banks to rethink their targets, and in particular to jettison the widely used “financed emissions” and “facilitated emissions” targets.
2024-09-19 | Reclaim Finance
Blog
BankTrack news BankTrack blog Partner news Partner blog

BankTrack set to publish 2024 Global Human Rights Benchmark in November

50 of the world’s largest banks were invited to provide feedback on draft assessments of their human rights disclosures
2024-07-23 | Nijmegen, Netherlands | Giulia Barbos – BankTrack
Blog
BankTrack news BankTrack blog Partner news Partner blog

Gulf Coast residents and major organizations call on financial institutions to phase out financing of LNG projects in the Rio Grande Valley

“We will hold any financial institutions that choose to support these projects accountable for such impacts.”
2024-07-22 | New York City | Sierra Club
Blog
BankTrack news BankTrack blog Partner news Partner blog

Banking on Nippon Steel is a high risk bet on climate chaos

Financiers of Nippon should be wary of the steel company's coal-expansion plans
2024-06-21 | Cherry Achando – BankTrack
Blog
BankTrack news BankTrack blog Partner news Partner blog

Biggest banks finance more carbon pollution than emissions of Italy, Germany, France and UK combined

New report by ReCommon exposes carbon pollution financed by the world’s biggest banks ahead of G7 finance ministers meeting
2024-05-21 | Rome, Italy | ReCommon
Blog
BankTrack news BankTrack blog Partner news Partner blog

Banks financed fossil fuels by $6.9 trillion dollars since the Paris Agreement; $705 billion provided in 2023 alone; JPMorgan Chase, Mizuho, and Bank of America are worst 3 funders

Annual Banking on Climate Chaos report with an updated methodology offers comprehensive look at who’s bankrolling the climate crisis
2024-05-13 | BankTrack, urgewald, Indigenous Environmental Network, Oil Change International, Rainforest Action Network, Reclaim Finance, Sierra Club
BankTrack news BankTrack blog Partner news Partner blog

Top 6 U.S. Banks Financed Fossil Fuels with $1.8 trillion Since the Paris Agreement; Chase, Citi, & Bank of America Top the List Worldwide

BankTrack mentioned
2024-05-12 | Public now
Blog
BankTrack news BankTrack blog Partner news Partner blog

New study: Financing for industrial livestock undermines U.S. banks’ climate commitments

Bank of America, Citigroup, and JPMorgan Chase responsible for more than half of the $134 billion in financing examined in the report
2024-04-10 | Washington D.C. | Friends of the Earth, Profundo
Blog
BankTrack news BankTrack blog Partner news Partner blog

The banks financing dirty steel

The world’s major banks continue to support the largest and most polluting steel producers
2024-03-26 | Paris, France | Reclaim Finance
BankTrack news BankTrack blog Partner news Partner blog

Banks under pressure to reveal data comparing green and fossil fuel spending

Criticism sparks agreement by banks to develop a ratio showing whether a bank’s fossil fuel financing is outstripping the amount it is investing in clean energy
BankTrack mentioned
2024-03-25 | The Banker
BankTrack news BankTrack blog Partner news Partner blog

UK banks urged to end finance to company behind Rosebank oil field development

BankTrack mentioned
2024-03-20 | The Independent
Blog
BankTrack news BankTrack blog Partner news Partner blog

Banks financing company behind controversial Rosebank oil field despite climate pledges

HSBC, Lloyds, NatWest and BNP Paribas are financing major North Sea oil expander Ithaca Energy, despite pledges to stop propping up new fossil fuel projects
2024-03-20 | London | BankTrack, #StopRosebank
Blog
BankTrack news BankTrack blog Partner news Partner blog

Financiers warned of huge risks to communities and biodiversity as Rio Tinto approves world’s biggest mining project

2024-02-26 | Accra, Ghana and Nijmegen, Netherlands | BankTrack, Advocates for Community Alternatives (ACA)
Blog
BankTrack news BankTrack blog Partner news Partner blog

67 organisations call on banks to cease financing metallurgical coal

Banks risk stranded assets & climate catastrophe in steel lending without metallurgical coal exclusions
2023-12-07 | Nijmegen | BankTrack, Reclaim Finance
Blog
BankTrack news BankTrack blog Partner news Partner blog

The causes fueling the climate crisis are receiving 20 times more financing than the solutions, new groundbreaking report by ActionAid reveals

2023-09-04 | ActionAid
Blog
BankTrack news BankTrack blog Partner news Partner blog

UN warns Aramco and its financiers over their role in driving climate-fuelled human rights violations

2023-08-26 | ClientEarth
Blog
BankTrack news BankTrack blog Partner news Partner blog

Decarbonization: steel not making the cut

Analysis by Reclaim Finance shows that few financial institutions have steel targets, and that those that have been adopted are riddled with flaws
2023-08-23 | Reclaim Finance
BankTrack news BankTrack blog Partner news Partner blog

Exclusive: Banks vote to limit accounting of emissions in bond and stock sales

Banks back accounting for 33% of capital market-linked emissions. Environmental advocates push for 100% attribution. PCAF board expected to back the 33% weighting, ending delays.
2023-07-31 | Reuters
Blog
BankTrack news BankTrack blog Partner news Partner blog

New report: US banks’ role in capital markets reveals a hidden pipeline for fossil fuel financing

Wall Street banks quietly raise billions for polluting companies through underwriting activities
2023-07-24 | New York | Sierra Club
Blog
BankTrack news BankTrack blog Partner news Partner blog

Banks committed to net zero still funding North Sea oil expansion by Equinor

Over 60 organisations have written to Equinor's biggest bankers warning them not to fund the company's controversial Rosebank oil field due to climate risks.
2023-07-04 | BankTrack
Blog
BankTrack news BankTrack blog Partner news Partner blog

US banks and climate-related policy: How the sector engages on sustainable finance and real economy climate policies

New report from InfluenceMap
2023-06-29 | InfluenceMap
Blog
BankTrack news BankTrack blog Partner news Partner blog

Philippines communities are fighting back against gas & LNG build-out in the Verde Island Passage

The region has been designated to become the epicenter of fossil fuel expansion in Southeast Asia
2023-05-25 | BankTrack, Center for Energy, Ecology, and Development (CEED), Rainforest Action Network
BankTrack news BankTrack blog Partner news Partner blog

Barclays, Morgan Stanley lead banks nearing CO2 disclosure deal

Banks face new reporting era as capital markets are targeted. NatWest among few banks agreeing to 100% disclosure standard.
2023-05-16 | Bloomberg
BankTrack news BankTrack blog Partner news Partner blog

Wall Street’s biggest banks failing key ESG test in fresh study

JPMorgan, BofA, Citi are listed as falling short in analysis. Study also singles out Goldman, Morgan Stanley and Wells Fargo
2023-04-13 | Bloomberg
Blog
BankTrack news BankTrack blog Partner news Partner blog

New report: Canadian bank RBC the #1 financier of fossil fuels, world’s biggest banks continued to pour billions into fossil fuel expansion

Annual Banking on Climate Chaos report follows the money and details massive bank support for the world’s worst climate-destroying corporations
2023-04-13 | San Francisco | BankTrack, urgewald, Indigenous Environmental Network, Oil Change International, Rainforest Action Network, Reclaim Finance, Sierra Club
BankTrack news BankTrack blog Partner news Partner blog

Global banks pledged to cut emissions – but still invest billions in US gas exports

Many banks promised to work toward net-zero emissions – but their targets explicitly exempt liquefied natural gas projects
2023-04-06 | The Guardian
BankTrack news BankTrack blog Partner news Partner blog

Climate resolutions on tap for bank shareholder season

Activist stakeholders are ramping up pressure on big lenders to curb fossil fuel lending.
2023-04-05 | Climate Wire
BankTrack news BankTrack blog Partner news Partner blog

Inside the fossil fuel stand-off that’s ensnared global banks

Leaked paper sheds light on debate within Net Zero Banking Alliance
2023-04-05 | Financial Times
BankTrack news BankTrack blog Partner news Partner blog

Exclusive: Split delays carbon accounting plan on banks' capital market deals -sources

Deal on capital markets emissions accounting delayed, some reluctant to book 100% emissions linked to deals.
2023-03-24 | Reuters
Blog
BankTrack news BankTrack blog Partner news Partner blog

Who dares to finance Eni and Exxon’s dangerous Rovuma gas plans in Mozambique?

Two banks made clear they will avoid financing Rovuma LNG, but plenty remain in the frame.
2023-03-20 | BankTrack, Justiça Ambiental (JA!)/Friends of the Earth Mozambique, Les Amis de la Terre France, ReCommon
Blog
BankTrack news BankTrack blog Partner news Partner blog

Global Witness calls on financiers to stop bankrolling rainforest beef, after official audit reflects findings about JBS

2023-03-14 | Global Witness
BankTrack news BankTrack blog Partner news Partner blog

These ‘Net-Zero’ Banks Are Still Pretty Big on Big Oil

A BloombergNEF study reveals how energy financiers that pledged to move away from fossil fuels are way behind.
2023-03-01 | Bloomberg
Blog
BankTrack news BankTrack blog Partner news Partner blog

New report reveals the 40 financial institutions funding the world's climate-changing methane problem

A new report by Planet Tracker and Changing Markets reveals the top financial institutions funding the world’s biggest methane producers, and the role they can play in turning the tide on global heating.
2023-01-17 | London | Changing Markets, Planet Tracker
Blog
BankTrack news BankTrack blog Partner news Partner blog

Throwing fuel on the fire: GFANZ members provide billions in finance for fossil fuel expansion

2023-01-17 | Paris, France /Nijmegen, Netherlands | BankTrack, Reclaim Finance
Blog
BankTrack news BankTrack blog Partner news Partner blog

The number of major banks refusing to support EACOP reaches 24

2022-12-31 | BankTrack
Blog
BankTrack news BankTrack blog Partner news Partner blog

Exposed: Western banks funding Qatar’s carbon bombs

US$ 20 trillion estimated damage linked to massive gas expansion by hosts of 2022 World Cup
2022-12-08 | Henrieke Butijn – BankTrack
Blog
BankTrack news BankTrack blog Partner news Partner blog

New human rights assessment of banks shows slow progress and lack of action to address key gaps on reporting and remedy

BankTrack’s 2022 Global Human Rights Benchmark finds reporting at a standstill, remedy still lacking and no clear leaders
2022-11-17 | BankTrack
Blog
BankTrack news BankTrack blog Partner news Partner blog

These U.S. banks are financing climate chaos through fossil fuel expansion

An overview of RAN's new report, Wall Street’s Dirtiest Secret: How fossil fuel expansion depends on big bank finance
2022-11-10 | Rainforest Action Network
BankTrack news BankTrack blog Partner news Partner blog

JPMorgan Chase and 5 other U.S. megabanks behind one-third of global funding to expand coal, oil and gas

Potential emissions from already developed fields take the world well past 1.5°C of warming, Rainforest Action Network says
2022-11-09 | MarketWatch
Blog
BankTrack news BankTrack blog Partner news Partner blog

Leaders or laggards? Report analyzes net-zero pledges of US banks

Commitments, actions from 6 biggest banks fall far short of what’s needed for global climate goals
2022-11-02 | New York | Sierra Club
Blog
BankTrack news BankTrack blog Partner news Partner blog

Global bank policies ‘dangerously inadequate’ to prevent financing of deforestation, climate chaos and human rights abuses

As the climate and biodiversity crisis intensifies, credit to forest-risk commodity companies increased 160% between 2020 and 2021.
2022-10-18 | Forests & Finance Coalition
BankTrack news BankTrack blog Partner news Partner blog

Banks Try Quiet Quitting on Net Zero

Last year’s enthusiasm for GFANZ turns into anxiety.
2022-10-14 | Bloomberg
Blog
BankTrack news BankTrack blog Partner news Partner blog

Advocacy groups urge global asset managers to align with UN net zero guidelines

Letter calls for Net Zero Asset Managers Initiative to require members to meet latest Race to Zero criteria on net zero, including for financed emissions
2022-10-07 | Washington, DC | BankTrack, Sierra Club
BankTrack news BankTrack blog Partner news Partner blog

US banks threaten to leave Mark Carney’s green alliance over legal risks

2022-09-21 | London, UK | Financial Times
Blog
BankTrack news BankTrack blog Partner news Partner blog

US banks: Financing coal expension, ignoring climate emergency

2022-09-19 | Reclaim Finance
BankTrack news BankTrack blog Partner news Partner blog

Finance groups risk being kicked out of Mark Carney-led climate coalition

2022-08-22 | London, UK; and Boston, USA | Financial Times
Blog
BankTrack news BankTrack blog Partner news Partner blog

Jackdaw shows once again Shell is failing on climate. So why are its bankers failing to act?

2022-07-19 | The Hague, The Netherlands | Sumeyra Arslan – BankTrack
Blog
BankTrack news BankTrack blog Partner news Partner blog

Banks have arranged US$2.7 trillion in bonds for fossil fuel companies

2022-07-12 | Australia | The Sunrise Project
BankTrack news BankTrack blog Partner news Partner blog

As peak hurricane season looms, banks bolster cozy relationship with fossil fuel industry

2022-07-12 | Louisiana, USA | Louisiana Illuminator
Blog
BankTrack news BankTrack blog Partner news Partner blog

What’s next in the growing movement to push banks on climate action?

Surveying the financial landscape as AGM season winds down in the US
2022-06-06 | Sierra Club
Blog
BankTrack news BankTrack blog Partner news Partner blog

New Report: Financing a Fossil Future – Tracing the Money Pipeline of Fossil Gas in Southeast Asia

Southeast Asia is spiraling into a fossil future thanks to a massive fleet of gas projects
2022-06-03 | Center for Energy, Ecology, and Development (CEED)
Blog
BankTrack news BankTrack blog Partner news Partner blog

Banks urged to stop funding Shell if it proceeds with Jackdaw gas field

Climate activists have urged banks to sever financial ties with Shell if it goes ahead with plans to develop a controversial new gas field in the North Sea.
BankTrack mentioned
2022-06-03 | The Ferret
Blog
BankTrack news BankTrack blog Partner news Partner blog

Climate groups call on Shell’s bankers to stop Jackdaw gas field

UK government’s regulatory approval opens the door for Shell to move ahead with the Jackdaw field
2022-06-03 | BankTrack
Blog
BankTrack news BankTrack blog Partner news Partner blog

Seven financiers abandon TotalEnergies' EACOP pipeline in a week

Marsh McLennan revealed as insurance arranger as total number of banks steering clear grows to 20
2022-05-20 | Africa | BankTrack, #StopEACOP
BankTrack news BankTrack blog Partner news Partner blog

Marsh revealed in oil pipeline project shunned by leading banks and insurers

World’s largest broker takes on role of finding insurance despite protest from staff
2022-05-19 | FT
Blog
BankTrack news BankTrack blog Partner news Partner blog

This shareholder season, big banks are feeling the heat on climate

2022-04-19 | Sierra Club
Blog
BankTrack news BankTrack blog Partner news Partner blog

Gulf Coast communities fighting the massive buildout of fracked gas exports

A Banking on Climate Chaos 2022 case study
2022-04-05 | BankTrack, Rainforest Action Network, Sierra Club
BankTrack news BankTrack blog Partner news Partner blog

Investors ask banks to rethink funding fossil fuel projects, including Line 3

Banks are under pressure from investors to match corporate practices with their environment and social statements * Updated
2022-03-31 | IndianCountryToday
Blog
BankTrack news BankTrack blog Partner news Partner blog

New report: Despite ‘net zero’ rhetoric, world’s biggest banks continued to pour billions into fossil fuel expansion in 2021

Annual Banking on Climate Chaos report follows the money and details massive bank support for the world’s worst climate-destroying corporations
2022-03-30 | San Francisco, Bemidji, Nijmegen, Oakland, Paris, Sassenberg, Washington DC | BankTrack, Indigenous Environmental Network, Oil Change International, Rainforest Action Network, Reclaim Finance, Sierra Club, Urgewald
BankTrack news BankTrack blog Partner news Partner blog

Largest U.S. banks to face shareholder votes on climate change

2022-03-29 | American Banker
Blog
BankTrack news BankTrack blog Partner news Partner blog

At least $132 billion in finance for fossil fuels is locking Africa out of a Just Transition, shows new report

African countries kept in fossil fuel stranglehold by Overseas money
2022-03-03 | BankTrack, 350.org Africa, AFIEGO, Africa Coal Network, Alerte Congolaise pour l’Environnement et les Droits de l’Homme (ACEDH), Alliance for Empowering Rural Communities (AERC), Centre for Alternative Development (CAD), Environment Governance Institute (EGI), Friends of the Earth Ghana, Friends of the Earth Mozambique, Friends of the Earth Togo, Innovation for the Development and Protection of the Environment (IDPE), Laudato Si, Lumière Synergie pour le Développement (LSD), Milieudefensie, Oil Change International, Save Okavango (SOUL), Solidarité pour la Réflexion et Appui au Développement Communautaire (SORADEC), Synergie de Jeunes pour le Développement et les Droits Humains (SJDDH), Women Environmental Programme Nigeria, WoMin, Zimbabwe Environmental Law Association (ZELA)
Blog
BankTrack news BankTrack blog Partner news Partner blog

Banks failing to address severe human rights impacts transparently, finds BankTrack research

Findings reinforce the need for regulators to ensure access to effective remedy for people affected by bank finance
2021-12-14 | Nijmegen | BankTrack
Blog
BankTrack news BankTrack blog Partner news Partner blog

New Report: US banks and investors responsible for roughly the emissions of Russia

CAP and Sierra Club look at “financed emissions” to offer novel view of Wall Street's carbon footprint
2021-12-14 | Washington | Sierra Club
Blog
BankTrack news BankTrack blog Partner news Partner blog

Total’s deal with Suriname: the greenwashing of oil Block 58

Will this be the final red flag for the oil major’s financiers?
2021-11-24 | Maaike Beenes – BankTrack
Blog
BankTrack news BankTrack blog Partner news Partner blog

Glasgow wrap-up: updates from banks and civil society at COP26

With COP26 behind us, it’s as clear as ever before that banks must act urgently to help achieve the goal of limiting global warming to 1.5 C.
2021-11-17 | Nijmegen | BankTrack
Blog
BankTrack news BankTrack blog Partner news Partner blog

Morgan Stanley sets 2030 emissions targets, but fails to rule out financing for fossil fuel expansion

2021-11-03 | New York, NY | Sierra Club
Blog
BankTrack news BankTrack blog Partner news Partner blog

Meet the banks funding the owners of the Cambo oil field

New research shines a spotlight on the banks backing Shell and Siccar Point Energy
2021-10-29 | #StopCambo
BankTrack news BankTrack blog Partner news Partner blog

‘Wreckers of the Earth’: 300 London-based companies destroying the planet

2021-10-14 | Corporate Watch
Blog
BankTrack news BankTrack blog Partner news Partner blog

Banks and biodiversity: are banks moving towards Kunming?

As China hosts the first part of the UN Biodiversity Conference, banks are called upon to support its goals
2021-10-14 | Nijmegen | BankTrack
Blog
BankTrack news BankTrack blog Partner news Partner blog

Banks and investors pouring billions into Arctic oil & gas bonanza despite climate pledges – report

How banks, investors and insurers are driving oil and gas expansion in the Arctic
2021-09-23 | Paris | Reclaim Finance
Blog
BankTrack news BankTrack blog Partner news Partner blog

Fossil Banks No Thanks demands banks commit to end fossil fuel finance before Glasgow Climate Summit

210+ groups support urgent call to action
2021-09-23 | BankTrack
BankTrack news BankTrack blog Partner news Partner blog

Letter from ClientEarth to 17 banks regarding the Cambo oil field

2021-09-14 | ClientEarth
Blog
BankTrack news BankTrack blog Partner news Partner blog

North Sea oil field development shows banks’ hypocrisy over climate

ClientEarth sends letter to 17 banks urging them to stop financing Shell and Siccar Point Energy, the companies pushing for the Cambo oil field
2021-09-14 | ClientEarth
Blog
BankTrack news BankTrack blog Partner news Partner blog

Forests & Finance Coalition warns foreign investors about the risk of the anti-environment agenda in the Brazilian Congress

2021-08-19 | Forests & Finance
Blog
BankTrack news BankTrack blog Partner news Partner blog

New bank links to Myanmar junta and atrocities found

19 international banks together invest over US$65 billion in shares of companies with ties to the Myanmar military junta
2021-07-28 | BankTrack, Justice For Myanmar
Blog
BankTrack news BankTrack blog Partner news Partner blog

Social and environmental organizations worldwide urge Domtar stakeholders to reject US$2.8 billion Paper Excellence deal, stressing social and environmental concerns

2021-06-24 | Environmental Paper Network
Blog
BankTrack news BankTrack blog Partner news Partner blog

Nine international banks invest over US$24 billion in companies linked to Myanmar regime and atrocities

Mitsubishi UFJ Financial Group, Sumitomo Mitsui Financial Group, JPMorgan Chase, UBS, Credit Suisse, Morgan Stanley, Bank of America, Wells Fargo and BNP Paribas among the top banks investing in companies linked to the Myanmar military junta
2021-05-27 | BankTrack, Justice For Myanmar
BankTrack news BankTrack blog Partner news Partner blog

စစ်ကောင်စီနဲ့ဆက်စပ်တဲ့ ကုမ္ပဏီ ၁၈ ခုမှာ နိုင်ငံတကာဘဏ် ၉ ခု ပါဝင်ပတ်သက်နေ

(In Burmese) Nine international banks are involved in 18 companies affiliated with the military council
2021-05-27 | Radio Free Asia
Blog
BankTrack news BankTrack blog Partner news Partner blog

Banks called upon to take action to protect biodiversity ahead of UN Biodiversity Conference in Kunming

Civil society organizations urge banks to adopt stringent “No Go” policy for biodiversity rich areas
2021-05-26 | Nijmegen | BankTrack
Blog
BankTrack news BankTrack blog Partner news Partner blog

Revealed: Businesses and banks behind global plastic waste crisis

Just 20 companies produce over 50 per cent of all single-use plastic - Top financial institutions enabling plastic waste identified
2021-05-18 | Minderoo Foundation
BankTrack news BankTrack blog Partner news Partner blog

Eacop’s financing blues as lenders desert $3.5b project

2021-05-04 | The East African
Blog
BankTrack news BankTrack blog Partner news Partner blog

New bank climate initiative fails to grasp urgent need to end finance for fossil fuels

Civil society statement on the launch of the Net-Zero Banking Alliance
2021-04-22 | Nijmegen | BankTrack, urgewald, Amazon Watch, Bank on our Future, Indigenous Environmental Network, Market Forces, Positive Money, Rainforest Action Network, Reclaim Finance, ShareAction, Sierra Club
BankTrack news BankTrack blog Partner news Partner blog

Leading finance firms sign up to Mark Carney forum on low-carbon investment

2021-04-21 | The Guardian
Blog
BankTrack news BankTrack blog Partner news Partner blog

Banking on Climate Chaos 2021: World’s 60 largest banks have poured USD 3.8 trillion into fossil fuels since Paris Agreement

Even amidst the global economic downturn, fossil fuel financing numbers were higher in 2020 than 2016
2021-03-24 | Nijmegen | BankTrack, Indigenous Environmental Network, Oil Change International, Rainforest Action Network, Reclaim Finance, Sierra Club
BankTrack news BankTrack blog Partner news Partner blog

Kerry to Wall Street: Put your money behind your climate PR

2021-03-12 | Politico
BankTrack news BankTrack blog Partner news Partner blog

Big banks make a dangerous bet on the world’s growing demand for food

While banks and asset managers are promising to divest from fossil fuels, they are expanding investments in high-carbon foods and commodities tied to deforestation.
2021-03-07 | Inside Climate News
Blog
BankTrack news BankTrack blog Partner news Partner blog

Over 260 organisations call on banks not to finance Total’s East African Crude Oil Pipeline

With a final investment decision nearing, African and International organisations warn banks against joining $2.5 billion loan for a “manifestly irresponsible” project • New stopeacop.net campaign website launched.
2021-03-01 | International | BankTrack, 350.org Africa, AFIEGO, Inclusive Development International, IUCN NL
BankTrack news BankTrack blog Partner news Partner blog

Bank lending to plastics industry faces scrutiny as pollution concerns mount

2021-01-07 | Reuters
Blog
BankTrack news BankTrack blog Partner news Partner blog

Major global banks complicit in widespread destruction of the Amazon rainforest linked to Brazilian beef companies, and international audits flawed

2020-12-03 | Global Witness
BankTrack news BankTrack blog Partner news Partner blog

How Morgan Stanley is linked to deforestation in the Amazon

2020-11-27 | Mongabay and Reporter Brasil
BankTrack news BankTrack blog Partner news Partner blog

HSBC and other banks set climate targets for loans and investments

2020-10-01 | Bloomberg
BankTrack news BankTrack blog Partner news Partner blog

Western banks provide billions in backing for firms driving tuna species to collapse

2020-09-28 | Unearthed
Blog
BankTrack news BankTrack blog Partner news Partner blog

Morgan Stanley sets net-zero financed emissions target without key details

Commitment does not include interim targets or plans to phase out fossil fuels or deforestation
2020-09-21 | New York | Stop the Money Pipeline
BankTrack news BankTrack blog Partner news Partner blog

How Morgan Stanley is linked to deforestation in the Amazon

2020-09-17 | Mongabay and Reporter Brasil
Blog
BankTrack news BankTrack blog Partner news Partner blog

US banks are getting the message: Arctic drilling is bad business

2020-08-20 | Ben Cushing, Sierra Club
BankTrack news BankTrack blog Partner news Partner blog

Morgan Stanley commits to tallying its climate impact

The financial giant will become the first major U.S. bank to count emissions from its loans and investments
2020-07-20 | Politico
Blog
BankTrack news BankTrack blog Partner news Partner blog

Morgan Stanley will be first major US bank to track and report its climate impact

2020-07-20 | New York | Sierra Club
Blog
BankTrack news BankTrack blog Partner news Partner blog

Morgan Stanley next major US bank to rule out financing Arctic oil & gas

The new policy update also excludes financing new thermal coal mines and coal-fired power plants as well as a commitment to phase out financing of thermal coal mining companies.
2020-04-24 | New York | Ben Cushing, Sierra Club
Blog
BankTrack news BankTrack blog Partner news Partner blog

Global finance sector failing to apply conservation criteria to pulp and paper funding

2020-03-21 | New York/Amsterdam | Environmental Paper Network
Blog
BankTrack news BankTrack blog Partner news Partner blog

Banking on Climate Change – Fossil Fuel Finance Report Card 2020

New report reveals global banks funneled USD 2.7 trillion into fossil fuels Since Paris Climate Agreement, with financing on the rise each year 
2020-03-18 | Nijmegen | BankTrack, Indigenous Environmental Network, Oil Change International, Rainforest Action Network, Reclaim Finance, Sierra Club
BankTrack news BankTrack blog Partner news Partner blog

Big businesses face pressure to avoid investing in areas Trump wants to develop

A dozen-and-a-half senators wrote letters to 11 of the largest U.S. banks asking them to back down from financing any oil and gas activity in an unspoiled expanse of Arctic wilderness.
2020-02-03 | The Washington Post
Blog
BankTrack news BankTrack blog Partner news Partner blog

Davos financial players pump US$1.4 trillion into fossil fuels: new Greenpeace report

Banks, insurers and pension funds are as culpable for the climate emergency as the fossil fuel industry - especially those at the World Economic Forum Annual Meeting
2020-01-21 | Greenpeace
Blog
BankTrack news BankTrack blog Partner news Partner blog

4 out of 5 banks failing on human rights, new BankTrack Human Rights Benchmark shows

Lloyds, Bank of America, Goldman Sachs and Société Générale among the poorest performers in BankTrack ranking, alongside Canadian and Chinese banks
2019-11-26 | BankTrack
BankTrack news BankTrack blog Partner news Partner blog

Saudi Aramco IPO: climate change fears cause banks to miss out on millions in fees

BankTrack mentioned
2019-11-21 | The Independent
Blog
BankTrack news BankTrack blog Partner news Partner blog

Failure of Aramco IPO gives a black eye to bank CEOs and a warning to investors

2019-11-20 | London, UK | BankTrack, 350.org, Earthworks, Friends of the Earth US, Global Witness, Indigenous Environmental Network, Oil Change International, Rainforest Action Network, ShareAction, Sierra Club
BankTrack news BankTrack blog Partner news Partner blog

Banks set to cash in on the Saudi Aramco IPO want you to know they’re still serious about climate change

BankTrack mentioned
2019-11-14 | Fortune
BankTrack news BankTrack blog Partner news Partner blog

Western banks funding Saudi Aramco IPO betraying climate change promises

2019-11-05 | Newsweek
BankTrack news BankTrack blog Partner news Partner blog

Aramco IPO: These are the banks and advisers on world's biggest sale

2019-11-03 | Bloomberg
BankTrack news BankTrack blog Partner news Partner blog

Banks warned over Saudi Aramco by environmental groups

2019-10-17 | The Guardian
Blog
BankTrack news BankTrack blog Partner news Partner blog

Environmental groups warn banks against climate and human rights implications of underwriting Saudi Aramco offering

2019-10-17 | Nijmegen, the Netherlands
BankTrack news BankTrack blog Partner news Partner blog

Money to burn

More than 300 banks and investors back six of the world’s most harmful agribusinesses to the tune of $44bn
2019-09-23 | Global Witness
Blog
BankTrack news BankTrack blog Partner news Partner blog

Revealed: major banks and investors including Barclays, JPMorgan Chase, Goldman Sachs, Morgan Stanley, BlackRock are pouring money into global forest destruction

New investigation by Global Witness uncovers for the first time a truly global picture of major financial players driving $44 billion into companies directly or indirectly involved in deforestation in the Brazilian Amazon, the Congo Basin and Papua New Guinea.
2019-09-23 | Global Witness
Blog
BankTrack news BankTrack blog Partner news Partner blog

Rio Grande Valley: Big banks urged not to back high risk fracked-gas export terminals

2019-08-14 | BankTrack
BankTrack news BankTrack blog Partner news Partner blog

Rainforest Action Network Responds to Morgan Stanley Updated Climate and Human Rights Policy

2019-08-09 | Rainforest Action Network
BankTrack news BankTrack blog Partner news Partner blog

Ignoring Public Opposition and Significant Risk, Morgan Stanley Fails to Rule Out Support for Arctic Refuge Destruction

2019-08-08 | Sierra Club
Blog
BankTrack news BankTrack blog Partner news Partner blog

Ignoring Public Opposition and Significant Risk, Morgan Stanley Fails to Rule Out Support for Arctic Refuge Destruction

2019-08-08 | Washington D.C. | Gabby Brown, Sierra Club
Blog
BankTrack news BankTrack blog Partner news Partner blog

BankTrack 2019 Human Rights Benchmark: criteria and scope announced

2019-06-25 | Nijmegen | BankTrack
BankTrack news BankTrack blog Partner news Partner blog

US banks pledged to fund renewable energy, but they still spend way more on fossil fuels

2019-03-28 | Mother Jones
Blog
BankTrack news BankTrack blog Partner news Partner blog

Banking on Climate Change – Fossil Fuel Finance Report Card 2019

World's top banks have poured $1.9 trillion into fossil fuel financing since the Paris Agreement was adopted, with financing on the rise each year
2019-03-20 | Nijmegen, the Netherlands | BankTrack, Honor the Earth, Indigenous Environmental Network, Oil Change International, Rainforest Action Network, Sierra Club
Blog
BankTrack news BankTrack blog Partner news Partner blog

Every two weeks a bank, insurer or lender announces new coal restrictions

Major financial institutions restricting coal funding tops 100
2019-02-27 | IEEFA
BankTrack news BankTrack blog Partner news Partner blog

Six Billion Reasons to Go After the Banks

The case for legal action against the big banks that created and profited from Puerto Rico’s debt crisis
2019-02-20 | Public Accountability Initiative
Blog
BankTrack news BankTrack blog Partner news Partner blog

Banks massively financing fossil fuels unclear about future of ... fossil fuels

Few banks acknowledge relation between fossil fuels and climate breakdown
2018-12-20 | Nijmegen
Blog
BankTrack news BankTrack blog Partner news Partner blog

Gwich’in Leaders travel to New York to tell banks: Defend the Arctic Refuge

2018-10-29 | Bernadette Demientieff
BankTrack news BankTrack blog Partner news Partner blog

Alaska Natives Call on Banks to Protect the Arctic National Wildlife Refuge From Drilling

2018-10-26 | Earther
Blog
BankTrack news BankTrack blog Partner news Partner blog

New coal report finds troubling loopholes in existing bank policies

Analysis shows broad compliance with credit exposure reduction commitments – but six biggest US banks still increased coal financing In 2017
2018-08-16 | Rainforest Action Network
BankTrack news BankTrack blog Partner news Partner blog

Think the big banks have abandoned coal? Think again

2018-05-28 | The New York Times
Blog
BankTrack news BankTrack blog Partner news Partner blog

Report finds major banks ramped up fossil fuel financing to $115 billion in 2017

Despite 2017 being the costliest year on record for weather disasters, new report reveals that banks increased extreme fossil fuel financing last year, led by a more than doubling in lending to tar sands companies and pipelines.
2018-03-28 | Nijmegen, the Netherlands | BankTrack, Honor the Earth, Indigenous Environmental Network, Oil Change International, Rainforest Action Network, Sierra Club
Blog
BankTrack news BankTrack blog Partner news Partner blog

New report: Towards responsible and inclusive financing of the palm oil sector

2017-11-15 | Center for International Forestry Research (CIFOR), Profundo
Blog
BankTrack news BankTrack blog Partner news Partner blog

Big banks complicit in massive tar sands destruction and pollution through hundreds of billions in financing

2017-11-02 | Rainforest Action Network
Blog
BankTrack news BankTrack blog Partner news Partner blog

Indigenous Groups Lead Movement to Call on Banks to Drop Enbridge’s Controversial Line 3 Pipeline

Tribal Nations based in Minnesota oppose the project and the Minnesota Department of Commerce has condemned it
2017-09-21 | Minneapolis, MN | Honor the Earth, Rainforest Action Network
Blog
BankTrack news BankTrack blog Partner news Partner blog

Financiers of pulp and paper industry projects will cause environmental and social harm, says new report

2017-08-01 | Mandy Haggith – Environmental Paper Network
Blog
BankTrack news BankTrack blog Partner news Partner blog

28 major banks warned not to finance Trans Mountain pipeline expansion

Over 20 Indigenous and environmental groups deliver urgent letter.
2017-06-09 | BankTrack, Rainforest Action Network, others
Blog
BankTrack news BankTrack blog Partner news Partner blog

Energy Transfer: Which banks continue to support the company behind DAPL?

2017-04-06 | Alison Kirsch - Rainforest Action Network
Blog
BankTrack news BankTrack blog Partner news Partner blog

Financing of coal industry expansion by top banks undermining Paris Agreement

2016-11-14 | Marrakech, Morocco | BankTrack, Friends of the Earth France, Market Forces, Rainforest Action Network, urgewald
Blog
BankTrack news BankTrack blog Partner news Partner blog

New online platform reveals banks and investors financing companies linked to tropical forest loss in Southeast Asia

Financial sector under the spotlight in new international push to protect forests and forest communities
2016-09-06 | Singapore | Rainforest Action Network
Blog
BankTrack news BankTrack blog Partner news Partner blog

New report finds banks betting on climate change

Seventh annual bank finance Report Card reveals major banks poured hundreds of billions into extreme fossil fuels
2016-06-14 | Nijmegen, San Francisco | BankTrack, Rainforest Action Network, Sierra Club and Oil Change International
Blog
BankTrack news BankTrack blog Partner news Partner blog

New BankTrack Human Rights Impact Briefing: Labour standards violations in IOI Corporation’s Malaysian plantations

2016-02-16 | Nijmegen | BankTrack
Blog
BankTrack news BankTrack blog Partner news Partner blog

Morgan Stanley and Wells Fargo cut coal financing, join growing movement by banks in U.S. and Europe

Rainforest Action Network calls on banks to end all financing for coal
2015-12-01 | San Francisco | Rainforest Action Network
BankTrack news BankTrack blog Partner news Partner blog

Morgan Stanley Targeted Over Coal Financing

2015-10-12 | Desmog blog
BankTrack news BankTrack blog Partner news Partner blog

Five Reasons Why Morgan Stanley is RAN’s Next Target Bank on Coal Finance

2015-09-22 | Rainforest Action Network
Blog
BankTrack news BankTrack blog Partner news Partner blog

Morgan Stanley pressured to drop coal financing

Rainforest Action Network announces campaign as next major bank targeted since Bank of America coal milestone
2015-09-22 | Rainforest Action Network
Blog
BankTrack news BankTrack blog Partner news Partner blog

Call for banks to divest from APRIL

Social conflict and environmental destruction are rife in its operations
2014-12-10 | Nijmegen | BankTrack, Mandy Haggith – Environmental Paper Network
Blog
BankTrack news BankTrack blog Partner news Partner blog

Banks not yet living up to UN human rights principles, finds BankTrack

New research finds inadequate reporting on human rights impacts, and failure to establish mechanisms to allow complaints.
2014-12-02 | Geneva | BANKTRACK
Blog
BankTrack news BankTrack blog Partner news Partner blog

'Record year' for bank coal financing as latest UN climate warning looms

2014-10-29 | Nijmegen | BankTrack
Blog
BankTrack news BankTrack blog Partner news Partner blog

Report Finds Top Banks Moving Away From Coal: Citigroup and Barclays seen as laggards

Fifth annual coal finance report shows JPMorgan Chase and Wells Fargo end financing for mountaintop removal coal
2014-04-17 | San Francisco | Rainforest Action Network
Blog
BankTrack news BankTrack blog Partner news Partner blog

BankTrack calls for strengthening of Green Bond Principles

Combatting climate change needs real commitments instead of loose guidelines - Banks must urgently curb fossil fuel financing
2014-04-14 | Nijmegen | BankTrack
BankTrack news BankTrack blog Partner news Partner blog

Banking on Coal: New BankTrack Report Highlights Bank Complicity in Global Coal Mining Boom

2013-12-12 | RAN
Blog
BankTrack news BankTrack blog Partner news Partner blog

Five banks made £2.2 billion from food speculation in 2010-2012

2013-11-05 | London | World Development Movement
BankTrack news BankTrack blog Partner news Partner blog

Ignoring Human Rights Abuses and Coal’s Uncertain Future, Big Banks Line Up for Piece of World’s Largest Coal Miner

2013-09-04 | RAN
Blog
BankTrack news BankTrack blog Partner news Partner blog

New Coal Finance Report Card Exposes Risk of Extreme Energy Investments

Banks pump $20 billion into coal despite U.S. coal industry decline and escalating climate impacts
2013-04-29 | San Francisco | Rainforest Action Network
Blog
BankTrack news BankTrack blog Partner news Partner blog

US banks risk public health and climate by financing coal

RAN and sierra club detail the “filthy five” banks in third annual “coal Finance report rard”
2012-05-01 | San Francisco, USA | Rainforest Action Network
Blog
BankTrack news BankTrack blog Partner news Partner blog

Bankrolling Climate Change

NGOs present groundbreaking research on banks’ involvement in coal financing
2011-11-30 | Durban | urgewald, Earthlife, BankTrack and groundWork
Blog
BankTrack news BankTrack blog Partner news Partner blog

New report card exposes largest financers of mountaintop removal coal mining

2011-04-05 | San Fransisco | Rainforest Action Network
Blog
BankTrack news BankTrack blog Partner news Partner blog

New report finds bank Carbon Principles did not curb financing of coal

Rainforest Action Network report finds implementation of the Carbon Principles lacking
2011-01-21 | San Fransisco | Rainforest Action Network
Blog
BankTrack news BankTrack blog Partner news Partner blog

Wall Street turns its back on Mountaintop Removal coal mining

2011 | BankTrack
BankTrack news BankTrack blog Partner news Partner blog

Banks toughen lending rules to coal, PNC & UBS still bucking the trend

Two banks take heat for continuing to fund Massey Energy and mountaintop removal mining
2010-08-27 | United States
Blog
BankTrack news BankTrack blog Partner news Partner blog

New report card, largest financers of Mountaintop Removal coal mining

PNC, JPMorgan Chase and UBS receive failing grades
2010-05-13 | San Francisco | Rainforest Action Network
Blog
BankTrack news BankTrack blog Partner news Partner blog

NGOs sound warning over one of year's largest IPOs

2010-04-28 | London | Anna Grigoryeva, Platform-London
Blog
BankTrack news BankTrack blog Partner news Partner blog

BankTrack calls upon banks to Close the Gap on investment policies

New report evaluates quality of investment policies of 49 banks; more policies in place, overall quality below what is required
2010-04-27 | Nijmegen, the Netherlands | BankTrack
BankTrack news BankTrack blog Partner news Partner blog

J.P. Morgan rolls into Calgary

2010-04-05 | Calgary, Canada | Global Investor
Blog
BankTrack news BankTrack blog Partner news Partner blog

Top financial institutions still invest US$20 billion in cluster bombs

Activists call on banks and pension funds to disinvest from banned weapon
2009-10-29 | London | Netwerk Vlaanderen
Blog
BankTrack news BankTrack blog Partner news Partner blog

Carbon Principles and Climate Principles will not stop melting of the ice

2009-03-30 | Bonn, Nijmegen | BankTrack
Blog
BankTrack news BankTrack blog Partner news Partner blog

Global civil society calls on private banks to withdraw support from Bangladesh coal mine

2008-08-21 | San Francisco, USA | International Accountability Project
Blog
BankTrack news BankTrack blog Partner news Partner blog

“Carbon Principles” Another Nail in Coals Coffin

Growing anti-coal movement forces banks to take first step toward ending coal finance
2008-02-05 | San Francisco | Rainforest Action Network
Resources
Documents
Videos
Links
2025-05-08 00:00:00

Letter from BankTrack and Mars se Drine to Morgan Stanley on Jadar project

Correspondence
2025-05-08 00:00:00 | BankTrack and Mars se Drine
2024-10-23 00:00:00

Morgan Stanley's 2030 interim Financed Emissions Targets

Other bank document
2024-10-23 00:00:00 | Morgan Stanley
2024-10-07 00:00:00

Code of Conduct

Bank policy
2024-10-07 00:00:00 | Morgan Stanley
2024-10-01 00:00:00

NZBA 2024 Progress Report

Other document
2024-10-01 00:00:00 | NZBA
2024-09-01 00:00:00

Environmental and Social Policy Statement

Bank policy
2024-09-01 00:00:00 | Morgan Stanley
2024-05-21 00:00:00

UNSUPERVISED - The carbon pollution of the world’s largest banks

NGO document
2024-05-21 00:00:00 | ReCommon
2024-05-13 00:00:00

Banking on climate chaos 2024

Fossil fuel finance report 2024
BankTrack publication
2024-05-13 00:00:00 | BankTrack, urgewald, Indigenous Environmental Network, Oil Change International, Rainforest Action Network, Reclaim Finance & Sierra Club
2024-05-07 00:00:00

Annual report 2023

Annual report
2024-05-07 00:00:00 | Morgan Stanley
2024-05-07 00:00:00

Human Rights Statement

Bank policy
2024-05-07 00:00:00 | Morgan Stanley
2024-04-24 00:00:00

Modern Slavery and Human Trafficking Statement 2023

Bank policy
2024-04-24 00:00:00 | Morgan Stanley
2024-03-19 00:00:00

Open letter signed by 81 CSOs to financiers Ithaca Energy about Rosebank oil and gas field

NGO document
2024-03-19 00:00:00 | BankTrack, Stop Rosebank
2024-03-18 00:00:00

Still Butchering the Planet

Partner publication
2024-03-18 00:00:00 | Feedback
2024-02-28 00:00:00

Finance for War. Finance for Peace

How values-based banks foster peace in a world of increasing conflict
Other document
2024-02-28 00:00:00 | Banca Etica Group and the Global Alliance for Banking on Values (GABV)
2024-01-22 00:00:00

Letter from BankTrack, Both ENDS and 12 other CSOs to Vale's investors on Brumadinho disaster 5th anniversary

Correspondence
2024-01-22 00:00:00 | BankTrack, Both ENDS and 12 other CSOs
2023-12-07 00:00:00

Letter from BankTrack to Morgan Stanley on Ending support for metallurgical coal

Correspondence
2023-12-07 00:00:00 | BankTrack
2023-11-22 00:00:00

Letter from BankTrack, ACA, CTEA to Morgan Stanley on the risks of investing in Rio Tinto and Winning International Group’s Simandou Project in Guinea

Correspondence
2023-11-22 00:00:00 | BankTrack, ACA, CTEA
2023-07-28 00:00:00

2022 ESG Report

Other bank document
2023-07-28 00:00:00 | Morgan Stanley
2023-07-04 00:00:00

Letter from BankTrack and 60 civil society groups to 20 bank financiers of Equinor on Equinor's proposed North Sea field Rosebank

Letter to financiers of Equinor on their client's ownership of Rosebank
Correspondence
2023-07-04 00:00:00 | BankTrack and 60 civil society groups
2023-06-12 00:00:00

Will San Miguel Power a World Made Better?

Partner publication
2023-06-12 00:00:00 | CEED
2023-05-23 00:00:00

Why banks should account for their full share of facilitated emissions

Banks are making progress on setting net-zero targets but most focus on lending and only a handful include capital markets facilitation – funding activities where banks do not provide capital themselves but play a critical role in facilitating access to it. Capital markets are a vital source of funding and will be key in delivering the low-carbon transition. In 2021 alone, global bond and equity issuances stood at US$26.8 trillion. This memo outlines why the industry-organised Partnership for Carbon Accounting Financials should include a 100% weighting for capital market facilitation.
NGO document
2023-05-23 00:00:00 | ShareAction
2023-04-13 00:00:00

Banking on Climate Chaos 2023

Annual Banking on Climate Chaos report follows the money and details massive bank support for the world’s worst climate-destroying corporations
BankTrack publication
2023-04-13 00:00:00 | Rainforest Action Network, BankTrack, Indigenous Environmental Network, Oil Change International, Reclaim Finance, Sierra Club, Urgewald
2023-04-03 00:00:00

Annual report 2022

Annual report
2023-04-03 00:00:00 | Morgan Stanley
2023-03-08 00:00:00

CSR report 2022

Annual report
2023-03-08 00:00:00 | Morgan Stanley
2023-01-27 00:00:00

Background briefing: Just 7% of global banks' energy financing goes to renewables, new data shows

BankTrack publication
2023-01-27 00:00:00 | Profundo for Sierra Club, Fair Finance International, BankTrack, Rainforest Action Network
2022-11-30 00:00:00

Restriction Screening and ESG Policy

Bank policy
2022-11-30 00:00:00 | Morgan Stanley Investment Management
2022-11-17 00:00:00

BankTrack Global Human Rights Benchmark 2022

BankTrack publication
2022-11-17 00:00:00 | BankTrack
2022-11-15 00:00:00

Who is financing fossil fuel expansion in Africa?

BankTrack publication
2022-11-15 00:00:00 | Urgewald, BankTrack, 350.org Africa, Africa Coal Network & Oilwatch Africa, et al.
2022-11-09 00:00:00

Wall Street's Dirtiest Secret

How fossil fuel expansion depends on big bank finance
NGO document
2022-11-09 00:00:00
2022-10-17 00:00:00

Responses received to letters sent to signatories of the Glasgow Financial Alliance for Net Zero

Other document
2022-10-17 00:00:00 | London Stock Exchange
2022-10-01 00:00:00

Rio Grande Valley: At Risk From Fracked-Gas Exports 2022 Update

NGO document
2022-10-01 00:00:00 | Rainforest Action Network, Les Amis de la Terre, Save RGV, Carrizo Comecrudo Tribe of Texas
2022-09-13 00:00:00

CSR report 2021

Annual report
2022-09-13 00:00:00 | Morgan Stanley
2022-07-29 00:00:00

Vaca Muerta Basin: An Oil & Gas Trap

IMF and global capital markets neglect the risk of ballooning Argentina’s debt and liability problem
NGO document
2022-07-29 00:00:00 | Profundo, 350.org Argentina
2022-07-13 00:00:00

Letter from BankTrack and Mars se Drine to Morgan Stanley on Rio Tinto Jadar Lithium Mine

Correspondence
2022-07-13 00:00:00 | BankTrack and Mars se Drine
2022-06-30 00:00:00

Climate report 2021

Other bank document
2022-06-30 00:00:00 | Morgan Stanley
2022-06-03 00:00:00

Letter from BankTrack, 350.org, Bank on our Future and Uplift to 25 banks on Shell's proposed Jackdaw gas field

Correspondence
2022-06-03 00:00:00 | BankTrack, 350.org, Bank on our Future and Uplift
2022-03-31 00:00:00

Sustainable investing policy

Bank policy
2022-03-31 00:00:00 | Morgan Stanley
2022-03-30 00:00:00

Banking on Climate Chaos 2022

Despite ‘net zero’ rhetoric, world’s biggest banks continued to pour billions into fossil fuel expansion in 2021
BankTrack publication
2022-03-30 00:00:00 | Rainforest Action Network, BankTrack, Indigenous Environmental Network, Oil Change International, Reclaim Finance, Sierra Club, urgewald
2022-03-30 00:00:00

Investor Statement on Line 3, Oil Sands Projects, and FPIC

Other document
2022-03-30 00:00:00 | Investors & Indigenous Peoples Working Group
2022-03-29 00:00:00

Annual report 2021

Annual report
2022-03-29 00:00:00 | Morgan Stanley
2021-12-14 00:00:00

Wall Street's carbon bubble: the global emissions of the US financial sector

NGO document
2021-12-14 00:00:00 | Sierra Club, Center for American Progress
2021-12-14 00:00:00

Actions speak louder: Assessing bank responses to human rights violations

BankTrack publication
2021-12-14 00:00:00 | BankTrack
2021-11-03 00:00:00

Methodology for Morgan Stanley’s 2030 Interim Financed Emissions Targets on the Path to Net-Zero

Other bank document
2021-11-03 00:00:00 | Morgan Stanley
2021-09-23 00:00:00

Drill, baby, drill

How banks, investors and insurers are driving oil and gas expansion in the Arctic
NGO document
2021-09-23 00:00:00 | Reclaim Finance
2021-08-19 00:00:00

Recipients of the letter about the risk of the anti-environment agenda in the Brazilian Congress

NGO document
2021-08-19 00:00:00 | BankTrack
2021-07-06 00:00:00

CSR Report 2020

Annual report
2021-07-06 00:00:00 | Morgan Stanley
2021-05-25 00:00:00

The Big Smoke

The global emissions of the UK financial sector
NGO document
2021-05-25 00:00:00 | Greenpeace and WWF
2021-03-09 00:00:00

Annual report 2020

Annual report
2021-03-09 00:00:00 | Morgan Stanley
2021-02-25 00:00:00

Open Letter from over 260 civil society organisations to banks on EACOP

NGO document
2021-02-25 00:00:00 | 263 CSOs
2020-12-10 00:00:00

The money that feeds the cattle

NGO document
2020-12-10 00:00:00 | Repórter Brasil
2020-05-19 00:00:00

Annual report 2019

Annual report
2020-05-19 00:00:00 | Morgan Stanley
2020-03-18 00:00:00

Banking on Climate Change - Fossil Fuel Finance Report 2020

BankTrack publication
2020-03-18 00:00:00 | Rainforest Action Network, BankTrack, Indigenous Environmental Network, Oil Change International, Reclaim Finance, Sierra Club
2019-12-10 00:00:00

Letter from BankTrack to Morgan Stanley on the bank's progress on its fossil fuel finance since COP24

Correspondence
2019-12-10 00:00:00 | BankTrack
2019-09-23 00:00:00

Money to Burn

How iconic banks and investors fund the destruction of the world’s largest rainforests
NGO document
2019-09-23 00:00:00 | Global Witness
2019-08-08 00:00:00

Statement on human rights

Bank policy
2019-08-08 00:00:00 | Morgan Stanley
2019-06-10 00:00:00

Modern Slavery Statement

Bank policy
2019-06-10 00:00:00 | Morgan Stanely
2019-05-21 00:00:00

Fool's Gold

The financial institutions bankrolling Europe’s most coal-dependent utilities
NGO document
2019-05-21 00:00:00 | Europe Beyond Coal
2019-04-16 00:00:00

Annual report 2018

Annual report
2019-04-16 00:00:00 | Morgan Stanley
2019-04-15 00:00:00

CSR report 2018

Annual report
2019-04-15 00:00:00 | Morgan Stanley
2019-04-01 00:00:00

Policy for corporate social responsibility

Bank policy
2019-04-01 00:00:00 | Morgan Stanley
2019-04-01 00:00:00

Supplier code of conduct

Bank policy
2019-04-01 00:00:00 | Morgan Stanley
2019-03-15 00:00:00

Coal and oil & gas policy statements

Bank policy
2019-03-15 00:00:00 | Morgan Stanley
2018-12-31 00:00:00

Code of conduct

Bank policy
2018-12-31 00:00:00 | Morgan Stanley
2018-12-10 00:00:00

Bank Policy Matrix

NGO document
2018-12-10 00:00:00 | Forests & Finance Coalition
2018-10-16 00:00:00

Letter from BankTrack and 120 organisations to Morgan Stanley on Demands FBNT campaign

Correspondence
2018-10-16 00:00:00 | BankTrack and 120 organisations
2018-08-31 00:00:00

Banking on coal mining

U.S. banks’ performance against their policies since 2015
NGO document
2018-08-31 00:00:00 | Rainforest Action Network
2018-05-23 00:00:00

Modern slavery and human trafficking statement

Bank policy
2018-05-23 00:00:00 | Morgan Stanley
2018-04-30 00:00:00

Code of ethics and business conduct

Bank policy
2018-04-30 00:00:00 | Morgan Stanley
2018-04-30 00:00:00

CSR report 2017

Annual report
2018-04-30 00:00:00 | Morgan Stanley
2018-03-31 00:00:00

Annual Report 2017

Annual report
2018-03-31 00:00:00 | Morgan Stanley
2018-02-28 00:00:00

How banks contribute to human rights violations: responses to the Business & Human Rights Resource Centre

NGO document
2018-02-28 00:00:00 | Business & Human Rights Resource Centre
2018-01-12 00:00:00

Letter from Morgan Stanley to Business and Human Rights Resource Centre, BankTrack on How banks contribute to human rights violations

Correspondence
2018-01-12 00:00:00 | Morgan Stanley
2018-01-02 00:00:00

Carbon Neutral by 2022

Other bank document
2018-01-02 00:00:00 | Morgan Stanley
2017-06-06 00:00:00

Letter from RAN and 13 others to 14 banks that underwrote Kinder Morgan Canada IPO on warning to finance the IPO

Correspondence
2017-06-06 00:00:00 | Rainforest Action Network et al
2017-05-22 00:00:00

Annual Report 2016

Annual report
2017-05-22 00:00:00 | Morgan Stanley
2017-04-30 00:00:00

Sustainability Report 2016

Annual report
2017-04-30 00:00:00 | Morgan Stanley
2016-06-14 00:00:00

Shorting the Climate

Fossil Fuel Finance Report Card 2016
BankTrack publication
2016-06-14 00:00:00 | BankTrack, Rainforest Action Network, Sierra Club, Oil Change International
2016-06-02 00:00:00

Green Paper, Red Lines

Requirements for pulp and paper industry finance
BankTrack publication
2016-06-02 00:00:00 | BankTrack, Environmental Paper Network
2016-02-16 00:00:00

Human Rights Impact Briefing #1:Labour standards violations in IOICorporation’s Malaysian plantations

BankTrack publication
2016-02-16 00:00:00 | BankTrack
2016-01-01 00:00:00

Annual Report 2015

Annual report
2016-01-01 00:00:00 | Morgan Stanley
2015-07-01 00:00:00

Sustainability Report 2014

Annual report
2015-07-01 00:00:00 | Morgan Stanley
2015-03-24 00:00:00

Annual Report 2014

Annual report
2015-03-24 00:00:00 | Morgan Stanley
2015-02-16 00:00:00

Tycoon-controlled oil palm groups in Indonesia - Executive Summary

NGO document
2015-02-16 00:00:00 | TuK, Profundo
2014-12-10 00:00:00

Letter from EPN to Banks investing in April on APRIL

Correspondence
2014-12-10 00:00:00 | EPN
2014-10-29 00:00:00

Banking on Coal 2014

BankTrack publication
2014-10-29 00:00:00 | BankTrack
2014-05-01 00:00:00

2013 Sustainability Report

Annual report
2014-05-01 00:00:00 | Morgan Stanley
2014-05-01 00:00:00

Annual Report 2013

Annual report
2014-05-01 00:00:00 | Morgan Stanley
2014-04-17 00:00:00

Coal Finance Report Card 2014

Extreme Investments; Extreme Consequences
BankTrack publication
2014-04-17 00:00:00 | Rainforest Action Network, Sierra Club, BankTrack
2014-04-09 00:00:00

Letter from BankTrack to signatory banks on Green Bond Principles

Correspondence
2014-04-09 00:00:00 | BankTrack
2014-01-01 00:00:00

Policy Statement on the Future Development of the Galilee basin and Abbot Point

Bank policy
2014-01-01 00:00:00 | Morgan Stanley
2013-06-19 00:00:00

2012 Sustainability Report

Annual report
2013-06-19 00:00:00 | Morgan Stanley
2013-04-29 00:00:00

Coal Finance Report Card 2013

Extreme investments - US Banks and the Coal Industry
BankTrack publication
2013-04-29 00:00:00 | Rainforest Action Network, Sierra Club, BankTrack
2013-03-07 00:00:00

Coal Risk Update March 2013

Arch Coal, Blair Mountain, and Bank Human Rights Commitments
BankTrack publication
2013-03-07 00:00:00 | Rainforest Action Network, BankTrack
2013-02-26 00:00:00

Annual Report 2012

Annual report
2013-02-26 00:00:00 | Morgan Stanley
2012-06-20 00:00:00

Worldwide investments in Cluster munitions, a shared responsibility

NGO document
2012-06-20 00:00:00 | IKV Pax Christi & FairFin
2012-05-01 00:00:00

Coal Finance Report Card 2012

Dirty Money, U.S. Banks at theBottom of the Class
BankTrack publication
2012-05-01 00:00:00 | Rainforest Action Network, Sierra Club, BankTrack
2011-05-25 00:00:00

Morgan Stanley CLuster Munitions Investments

Other document
2011-05-25 00:00:00 | Netwerk Vlaanderen & IKV Pax Christi
2011-04-05 00:00:00

Policy and Practice

2011 report card on banks and mountaintop removal
BankTrack publication
2011-04-05 00:00:00 | BankTrack, Rainforest Action Network, Sierra Club
2011-01-21 00:00:00

The Principle Matter - Banks, Climate and the Carbon Principles

NGO document
2011-01-21 00:00:00 | Rainforest Action Network
2010-05-13 00:00:00

Policy and Practice: report card on banks and mountaintop removal

BankTrack publication
2010-05-13 00:00:00 | Rainforest Action Network, Sierra Club, BankTrack
2010-04-27 00:00:00

Open letter to banks coordinating Uralchem IPO

NGO document
2010-04-27 00:00:00 | International Socio-Ecological Union (SEU), Russia
2010-04-27 00:00:00

Close the Gap

Benchmarking investment policies of international banks
BankTrack publication
2010-04-27 00:00:00 | BankTrack
2010-04-15 00:00:00

Mountaintop Removal request for information letter sent to Morgan Stanley

Correspondence
2010-04-15 00:00:00 | RAN, Sierra Club, BankTrack
2010-04-01 00:00:00

Morgan Stanley cluster munitions investments

Other document
2010-04-01 00:00:00 | Netwerk Vlaanderen, IKV PAX Christi
2009-10-01 00:00:00

Morgan Stanley cluster munitions financing

Other document
2009-10-01 00:00:00 | Netwerk Vlaanderen et. al.
2009-10-01 00:00:00

Worldwide investments in CLUSTER MUNITIONS, a shared responsibility

NGO document
2009-10-01 00:00:00 | Netwerk Vlaanderen, et. al.
2009-03-01 00:00:00

Meek Principles for a Tough Climate

Why the Climate and Carbon Principles will not stop the melting of the ice
BankTrack publication
2009-03-01 00:00:00 | BankTrack
2008-01-11 00:00:00

Profiles of U.S. Banks

NGO document
2008-01-11 00:00:00 | Ceres
2007-10-24 00:00:00

The biggest cause of climate change: Coal-fired power plants

NGO document
2007-10-24 00:00:00 | Rainforest Action Network (RAN)

The dark side of US LNG

The Dark Side of US LNG is the result of a field mission to the United States to uncover the strong and growing ties between Italy, and in particular Italy's largest banking group, Intesa Sanpaolo, and the American liquefied natural gas (LNG) sector. Interviews by ReCommon. Filming, editing and music: Carlo Dojmi di Delupis. www.recommon.org

2023-06-30 09:42:20

Sustainability at Morgan Stanley

EPN assessment of policies against 14 minimum criteria - Morgan Stanley

Environmental Paper Network (EPN) evaluated the policies of 68 major financiers of the pulp and paper industry against 14 absolute minimum criteria that all financial institutions should require their clients, investments and business partners to respect in order to reduce social and environmental risks.

#TotalKnew

Petition calling on banks to stop funding TotalEnergies, based on evidence that the company has been aware of harmful global heating impacts since at least 1971.

Accountability
Grievances
Response tracking

Morgan Stanley does not operate a complaints or grievances channel for individuals or communities that may be adversely affected by the bank's finance.

Stakeholders may raise complaints via the OECD National Contact Points (see OECD Watch guidance).

This page evaluates Morgan Stanley's responses to instances of alleged human rights violations linked to its finance, raised by civil society organisations. It is not intended to be exhaustive, but covers selected impacts raised by BankTrack and other civil society partners since 2016. For the full scoring methodology, see here. For more information about BankTrack's evaluation of bank responses to human rights impacts, see the 2021 report "Actions speak louder: assessing bank responses to human rights violations".

Impacts reviewed
Responded?
Total score
Response
Action
Monitoring
East African Crude Oil Pipeline (March 2021)
0
0
0
0
Dodgy Deal profile
Response
0
Out of 1
Rationale for score

The bank responded stating that it "does not comment publicly on client relationships”.

Following media reporting: In May 2022, the Financial Times reported that the bank ruled out financing for the project; however, the bank did not put out a public statement so it does not receive a score.

Action
0
Out of 1
Rationale for score

The bank did not provide information on whether it engaged with its client or took appropriate action.

Following media reporting: No change in score.

Monitoring
0
Out of 1
Rationale for score
No information available on whether the bank monitored measures taken by its client to address the impacts associated with the project.
Finance for JBS and links to deforestation in the Brazilian Amazon (March 2023)
0.5
0.5
0
0
Dodgy Deal profile
Response
0.5
Out of 1
Rationale for score
The bank responded publicly acknowledging a link to the company and its associated impacts, but without speaking to the substance of the issues raised.
Action
0
Out of 1
Rationale for score
No information available on whether the bank engaged with its client or took appropriate action.
Monitoring
0
Out of 1
Rationale for score
No information available on whether the bank monitored progress.
More info
"Global Witness calls on financiers to stop financing JBS", March 2023
IOI Corporation labour standards violations (February 2016)
0
0
0
0
Dodgy Deal profile
Response
0
Out of 1
Rationale for score
The bank publicly responded only to say that they could not comment.
Action
0
Out of 1
Rationale for score
No information available on whether the bank engaged with its client or took appropriate action.
Monitoring
0
Out of 1
Rationale for score
No information available on whether the bank monitored progress.
More info
BankTrack Human Rights Briefing, February 2016
Myanmar: Equity exposure to companies linked to the military regime (October 2021)
0
0
0
0
Dodgy Deal profile
Response
0
Out of 1
Rationale for score
The bank did not respond.
Action
0
Out of 1
Rationale for score
No information available on whether the bank engaged with its client or investee companies or took appropriate action.
Monitoring
0
Out of 1
Rationale for score
No information available about whether the bank monitored progress.
More info
New bank links to Myanmar junta and atrocities found, July 28, 2021
Rio Tinto's Jadar mine, Serbia (December 2021)
0
0
0
0
Dodgy Deal profile
Response
0
Out of 1
Rationale for score
The bank did not respond.
Action
0
Out of 1
Rationale for score
No information available on whether the bank engaged with its client or took appropriate action.
Monitoring
0
Out of 1
Rationale for score
No information to indicate the bank is monitoring the actions of its clients, or actions it might itself have taken in response to the impacts raised.
More info
Letter to financiers of Rio Tinto, December 2021
UN human rights complaint regarding Saudi Aramco and its financiers (July 2023)
0
0
0
0
Dodgy Deal profile
Response
0
Out of 1
Rationale for score
The bank did not respond.
Action
0
Out of 1
Rationale for score
No information available on whether the bank engaged with its client or took appropriate action.
Monitoring
0
Out of 1
Rationale for score
No information available on whether the bank monitored progress.
More info
, ClientEarth, UN warns Aramco and its financiers over their role in driving climate-fuelled human rights violations, June 2023

Average
50%
0.08
0.08
0
0
Banks and Climate

Banks and Climate

The 2024 Banking on Climate Chaos report showed that Morgan Stanley provided US$ 183.547 Billion in financing to the fossil fuel industry between 2016 and 2023. In 2023 only, Morgan Stanley provided US$ 11.361 Billion for oil, gas and coal companies expanding fossil fuels. Find further details on Morgan Stanley fossil fuel portfolio and how it compares to other large banks globally on Fossil Banks No Thanks and in the Banking on Climate Chaos report.

Fossil fuel finance data Morgan Stanley

Banking on Climate Chaos fossil fuel finance data

Partner organisation Reclaim Finance tracks the coal, oil and gas policies of financial institutions, including banks, in their Coal Policy Tool (CPT) and the Oil and Gas Policy Tracker (OGPT). BankTrack works closely with Reclaim Finance and endorses their policy assessments. Find further details on their assessment of Morgan Stanley's fossil fuel policy below.

Assessment of Morgan Stanley coal policy in the Coal Policy Tool

Assessment of Morgan Stanley oil and gas policy in the Oil and Gas Policy Tracker

Banks and Human Rights

Banks and Human Rights

BankTrack assessed Morgan Stanley in its 2024 Global Human Rights Benchmark, where it achieved 7 points out of 15 and was ranked as a “follower”.

The bank scored 0.5 out of 3 points on the new “specific rights indicators”, which assess how banks address human rights defenders, Indigenous Peoples’ right to Free, Prior and Informed Consent and environmental rights in their policies and practices.

In addition, Morgan Stanley scored 0.08 out of 3 on how it responds to alleged human rights violations linked to its finance, which were raised by civil society organisations.  More information is detailed in the “Accountability” section of this profile.

The BankTrack Human Rights Benchmark

The table below shows BankTrack's assessment of how Morgan Stanley has implemented the UN Guiding Principles on Business and Human Rights. Please click on 'expand all details' and 'explanation' for further information on the methodology.

Our policy assessments are always a work in progress. We very much welcome any feedback, especially from banks included in the assessments. Please get in touch at humanrights@banktrack.org.

Global Human Rights Benchmark 2022

BankLast update
Country
Score
Ranking
Details
Morgan Stanley
USA
6.5
Follower 6.5
0
United States
Score
Follower
6.5
Explanation

Morgan Stanley's human rights policies, processes and reporting were assessed as part of the BankTrack Global Human Rights Benchmark 2022. The bank is assessed as a Follower, with a total score of 6.5 out of 14.

Policy: 3/3
Due dilligence: 2.5/5
Reporting: 1/3
Remedy: 0/3


Response Tracking:
The bank was also assessed on its responses to instances of alleged human rights violations linked to its finance, raised by civil society organisations, for which it received an average score of 0/3. See the Response Tracking section of this profile for more details.

Explanation
Laggard
Follower
Front runner
Leader
0 - 3 points
3.5 - 6.5 points
7 - 10 points
10.5 - 14 points
For more details see this page.

Global Human Rights Benchmark 2024

BankLast update
Country
Score
Ranking
Details
Morgan Stanley
USA
7
Follower 7
0
United States
Score
Follower
7
Explanation

Morgan Stanley's human rights policies, processes and reporting were assessed as part of the BankTrack Global Human Rights Benchmark 2024. The bank is assessed as a , with a total score of 7 out of 15.

Policy: 3/3
Due dilligence: 3/5
Reporting: 1/4
Remedy: 0/3

Specific rights: 0.5/3

Response Tracking:
The bank was also assessed on its responses to instances of alleged human rights violations linked to its finance, raised by civil society organisations, for which it received an average score of 0.08/3. See the Response Tracking section of this profile for more details.

Explanation
Laggard
Follower
Moderate achiever
Leader
0 - 3 points
3.5 - 7 points
7.5 - 10.5 points
11 - 15 points
For more details see this page.
Banks and Nature

Banks and Nature

Morgan Stanley’s policies for forest-risk sectors (beef, soy, palm oil, pulp and paper, rubber and timber) have been assessed by the Forests & Finance coalition, achieving an overall score of 3.7 out of 10 and ranking it as a follower. Morgan Stanley  achieved a score of 2 out of 10 specifically for its policies related to the beef sector and 6.6 out of 10 for its policies related to the palm oil sector.  In addition, BankTrack and the Environmental Paper Network have assessed Morgan Stanley’s policies related to the pulp and paper sector.

Between 2016 and 2022, Morgan Stanley provided USD 1,637 million in credit to companies operating in these forest-risk sectors and held investments amounting to USD 70 million as of 2022. For more information, see the links below.

Forests & Finance

Banks and beef

Banks and palm oil

Banks and pulp & paper

Forest & Finance Policy Assessment 2022: Overall scores

BankLast update
Country
Score
Ranking
Details
Morgan Stanley
2022-09-27
USA
3.7
Follower 3.7
0
United States
Profile
Score
Follower
3.7
20220927
Last update: 2022-09-27
Explanation

The policy assessment covers the main forest-risk commodity sectors (Beef, Palm Oil, Soy, Timber, Pulp and Paper, and Rubber). Weighted scores are based on the scope of Morgan Stanley' relevant policies, taking into account different types of financing and the sectors in which the bank is active. Details about the scores per sector policy can be found on Morgan Stanley' profile

Explanation

A bank can obtain a total of 10 points for the quality of its policies. The total score is based on their scores per sector, weighted against their financing and investment for each sector. For further details on this see here. Based on their overall score, banks are then classified as Laggards, Followers, Front runners or Leaders, as follows:

Laggard
Follower
Front runner
Leader
0 - 1 points
1 - 4 points
4 - 7 points
7 - 10 points
For more details see this page.

Forest & Finance Policy Assessment 2022: Beef

BankLast update
Country
Score
Ranking
Details
Morgan Stanley
2022-09-29
USA
2
Follower 2
0
United States
Profile
Score
Follower
2
20220929
Last update: 2022-09-29
Explanation

The policy assessment covers the bank's policies related to beef. Weighted scores are based on the scope of relevant policies, taking into account what types and how much finance the bank provides to companies active in the beef industry. Details of the criteria used to assess the policies and scores for other forest-risk commodity sectors can be found on Morgan Stanley' profile

Explanation

A bank can obtain a total of 10 points for the quality of its beef policy. The total score is based on their scores per sector, weighted against their financing and investment for each sector. For further details on this see here. Based on their overall score, banks are then classified as Laggards, Followers, Front runners or Leaders, as follows:

Laggard
Follower
Front runner
Leader
0 - 1 points
1 - 4 points
4 - 7 points
7 - 10 points
For more details see this page.

Forest & Finance Policy Assessment 2022: Palm Oil

BankLast update
Country
Score
Ranking
Details
Morgan Stanley
2022-09-29
USA
6.6
Front runner 6.6
0
United States
Profile
Score
Front runner
6.6
20220929
Last update: 2022-09-29
Explanation

The policy assessment covers the bank's policies related to palm oil. Weighted scores are based on the scope of ABN AMRO's relevant policies, taking into account what types and how much finance the bank provides to companies active in the palm oil industry. Details of the criteria used to assess the policies and scores for other forest-risk commodity sectors can be found on Morgan Stanley' profile

Explanation

A bank can obtain a total of 10 points for the quality of its palm oil policy. The total score is based on their scores per sector, weighted against their financing and investment for each sector. For further details on this see here. Based on their overall score, banks are then classified as Laggards, Followers, Front runners or Leaders, as follows:

Laggard
Follower
Front runner
Leader
0 - 1 points
1 - 4 points
4 - 7 points
7 - 10 points
For more details see this page.
Tracking the NZBA

Tracking the Net Zero Banking Alliance

Morgan Stanley left the Net Zero Banking Alliance (NZBA) on 2 January 2025. Before that, as a NZBA member it had committed to reduce its financed emissions to net zero by 2050; within 18 months of joining the alliance set interim targets for 2030 (or sooner) for high emission priority sectors, and within 36 months set further sector targets; set new intermediary targets every 5 years from 2030 onwards; annually publish data on emissions and progress against a transition strategy including climate-related sectoral policies; and take a robust approach to the role of offsets in transition plans. BankTrack will keep track of Goldman Sachs and other ex-NZBA member banks' climate action in a specific section of the NZBA tracker. 

 

Tracking NZBA banks commitments

Banks and Steel

Banks and Steel

Partner organisation Reclaim Finance’s 2023 report on metallurgical coal financing showed that Morgan Stanley provided US$ 3.4 billion in loans and underwriting to developers of new metallurgical coal between 2016 and 2022. Find further details on Morgan Stanley’s metallurgical coal financing and and how it compares to other large banks globally in the report.

Reclaim Finance tracks the metallurgical coal policies of financial institutions, including banks, in their Coal Policy Tool. BankTrack works closely with Reclaim Finance and endorses their policy assessments. Find further details on their assessment of Morgan Stanley’s metallurgical coal policy below.

According to a report by Reclaim Finance, between 2016 and June 2023, Morgan Stanley provided $3.8 billion in finance to the fossil-steel industry, making it the 40th largest financier worldwide. Find further details on Morgan Stanley's steel financing and how it compares to other large banks globally in the report. 

Metallurgical Coal Financing: Time to call it off 2023

Coal policy tool

Steeling our future: The banks propping up coal-based steel

Good Moves

Good moves

Year:

2022

Seven financiers abandon TotalEnergies' EACOP pipeline in a week

The coalition to #StopEACOP celebrates this week’s news that five banks including Deutsche Bank, Citi, JPMorgan Chase, Wells Fargo and Morgan Stanley have confirmed they will not join the project loan to finance the EACOP. They are joined by the insurer Beazley Group and the Italian export credit agency SACE. This…

2011

Wall Street turns its back on Mountaintop Removal coal mining

After sustained campaigning by RAN, eight of Wall Street's biggest banks have developed public policies limiting their appetite for investment in mountaintop removal (MTR) coal mining. By 2011, MTR policies or statements had been released by banks including Credit Suisse, JP Morgan Chase, Morgan Stanley and Wells Fargo,…
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