Download data

Select an assessment year:

  • Overall approach
    8/16
    • Overarching commitment on deforestation
      8/16
      Deforestation commitment
      Reduce deforestation
      8/16
      "Forests are important to our environment, to communities and to biodiversity, and their degradation poses significant threats to each. We seek to promote the sustainable management of forests, including the protection of high conservation value forests".
  • Commodity score
    27/64
    • Beef & Leather
      16/64
      • Commitment Strength
        13/42
        • Commodity-specific financing policy
          0/9.6
          • Commitment details
            No
            0/8
            Commitment details
            No
            0/8
            Type of policy: No policy
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            0
            0/0.4
        • Companies must be legally operated
          5.6/5.6
          • Commitment details
            Entire supply chain - Require
            4/4
            Commitment details
            Entire supply chain - Require
            4/4
            "Compliance with applicable laws and regulations is required [...] We will not knowingly finance companies or projects that collude with or are knowingly engaged in illegal logging or utilize illegal or uncontrolled fire."
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "Compliance with applicable laws and regulations is required [...] We will not knowingly finance companies or projects that collude with or are knowingly engaged in illegal logging or utilize illegal or uncontrolled fire."
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "Compliance with applicable laws and regulations is required [...] We will not knowingly finance companies or projects that collude with or are knowingly engaged in illegal logging or utilize illegal or uncontrolled fire."
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "Compliance with applicable laws and regulations is required [...] We will not knowingly finance companies or projects that collude with or are knowingly engaged in illegal logging or utilize illegal or uncontrolled fire."
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "Compliance with applicable laws and regulations is required [...] We will not knowingly finance companies or projects that collude with or are knowingly engaged in illegal logging or utilize illegal or uncontrolled fire."
        • Companies must protect priority forests or globally important landscapes
          7.4/9.6
          • Commitment details
            All high priority landscapes - Encourage
            6/8
            Commitment details
            All high priority landscapes - Encourage
            6/8
            "Forests are important to our environment, to communities and to biodiversity, and their degradation poses significant threats to each. We seek to promote the sustainable management of forests, including the protection of high conservation value forests". "We will not knowingly finance extractive or commercial logging projects in UNESCO World Heritage sites."
          • Policy applies to all operations and financing
            Subset
            0.2/0.4
            Policy applies to all operations and financing
            Subset
            0.2/0.4
            "Forests are important to our environment, to communities and to biodiversity, and their degradation poses significant threats to each. We seek to promote the sustainable management of forests, including the protection of high conservation value forests". "We will not knowingly finance extractive or commercial logging projects in UNESCO World Heritage sites."
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "Forests are important to our environment, to communities and to biodiversity, and their degradation poses significant threats to each. We seek to promote the sustainable management of forests, including the protection of high conservation value forests". "We will not knowingly finance extractive or commercial logging projects in UNESCO World Heritage sites."
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "Forests are important to our environment, to communities and to biodiversity, and their degradation poses significant threats to each. We seek to promote the sustainable management of forests, including the protection of high conservation value forests". "We will not knowingly finance extractive or commercial logging projects in UNESCO World Heritage sites."
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "Forests are important to our environment, to communities and to biodiversity, and their degradation poses significant threats to each. We seek to promote the sustainable management of forests, including the protection of high conservation value forests". "We will not knowingly finance extractive or commercial logging projects in UNESCO World Heritage sites."
        • Assurance mechanism to ensure compliance
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            0
            0/0.4
        • Companies must have a grievance mechanism
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            0
            0/0.4
        • Commitments must be timebound
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            0
            0/0.4
      • Social Considerations
        3/22
        • Company must ensure Free, Prior and Informed Consent
          3.4/5.6
          • Commitment details
            Yes - Encourage
            2/4
            Commitment details
            Yes - Encourage
            2/4
            "When financing projects in indigenous territories, Morgan Stanley will aim to ensure that [...] the appropriate parties are engaged with the affected indigenous peoples to achieve free, prior, and informed consent."
          • Policy applies to all operations and financing
            Subset
            0.2/0.4
            Policy applies to all operations and financing
            Subset
            0.2/0.4
            "When financing projects in indigenous territories, Morgan Stanley will aim to ensure that [...] the appropriate parties are engaged with the affected indigenous peoples to achieve free, prior, and informed consent."
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "When financing projects in indigenous territories, Morgan Stanley will aim to ensure that [...] the appropriate parties are engaged with the affected indigenous peoples to achieve free, prior, and informed consent."
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "When financing projects in indigenous territories, Morgan Stanley will aim to ensure that [...] the appropriate parties are engaged with the affected indigenous peoples to achieve free, prior, and informed consent."
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "When financing projects in indigenous territories, Morgan Stanley will aim to ensure that [...] the appropriate parties are engaged with the affected indigenous peoples to achieve free, prior, and informed consent."
        • Company must respect labour rights
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            0
            0/0.4
        • Company must address gender equality issues
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            0
            0/0.4
        • Companies must encourage the inclusion of small-scale farmers
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            0
            0/0.4
    • Palm oil
      36/64
      • Commitment Strength
        33/42
        • Commodity-specific financing policy
          9.4/9.6
          • Commitment details
            Yes
            8/8
            Commitment details
            Yes
            8/8
            Type of policy: Deforestation-free
            "For companies that are directly involved in the upstream production of palm oil, Morgan Stanley will not provide financing unless the companies either have achieved or are working toward Roundtable on Sustainable Palm Oil (RSPO) certification or a comparable certification."
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "For companies that are directly involved in the upstream production of palm oil, Morgan Stanley will not provide financing unless the companies either have achieved or are working toward Roundtable on Sustainable Palm Oil (RSPO) certification or a comparable certification."
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "For companies that are directly involved in the upstream production of palm oil, Morgan Stanley will not provide financing unless the companies either have achieved or are working toward Roundtable on Sustainable Palm Oil (RSPO) certification or a comparable certification."
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "For companies that are directly involved in the upstream production of palm oil, Morgan Stanley will not provide financing unless the companies either have achieved or are working toward Roundtable on Sustainable Palm Oil (RSPO) certification or a comparable certification."
          • Policy applies to all stages of the supply chain
            Producers; Processors
            0.2/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors
            0.2/0.4
            "For companies that are directly involved in the upstream production of palm oil, Morgan Stanley will not provide financing unless the companies either have achieved or are working toward Roundtable on Sustainable Palm Oil (RSPO) certification or a comparable certification."
        • Companies must be legally operated
          5.4/5.6
          • Commitment details
            Entire supply chain - Require
            4/4
            Commitment details
            Entire supply chain - Require
            4/4
            "Compliance with applicable laws and regulations is required, including, for those clients operating in Indonesia, compliance with the Indonesian Sustainable Palm Oil system".
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "Compliance with applicable laws and regulations is required, including, for those clients operating in Indonesia, compliance with the Indonesian Sustainable Palm Oil system".
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "Compliance with applicable laws and regulations is required, including, for those clients operating in Indonesia, compliance with the Indonesian Sustainable Palm Oil system".
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "Compliance with applicable laws and regulations is required, including, for those clients operating in Indonesia, compliance with the Indonesian Sustainable Palm Oil system".
          • Policy applies to all stages of the supply chain
            Producers; Processors
            0.2/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors
            0.2/0.4
            "Compliance with applicable laws and regulations is required, including, for those clients operating in Indonesia, compliance with the Indonesian Sustainable Palm Oil system".
        • Companies must protect priority forests or globally important landscapes
          7.2/9.6
          • Commitment details
            All high priority landscapes - Encourage
            6/8
            Commitment details
            All high priority landscapes - Encourage
            6/8
            "Forests are important to our environment, to communities and to biodiversity, and their degradation poses significant threats to each. We seek to promote the sustainable management of forests, including the protection of high conservation value forests". "We will not knowingly finance extractive or commercial logging projects in UNESCO World Heritage sites."
          • Policy applies to all operations and financing
            Subset
            0.2/0.4
            Policy applies to all operations and financing
            Subset
            0.2/0.4
            "Forests are important to our environment, to communities and to biodiversity, and their degradation poses significant threats to each. We seek to promote the sustainable management of forests, including the protection of high conservation value forests". "We will not knowingly finance extractive or commercial logging projects in UNESCO World Heritage sites."
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "Forests are important to our environment, to communities and to biodiversity, and their degradation poses significant threats to each. We seek to promote the sustainable management of forests, including the protection of high conservation value forests". "We will not knowingly finance extractive or commercial logging projects in UNESCO World Heritage sites."
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "Forests are important to our environment, to communities and to biodiversity, and their degradation poses significant threats to each. We seek to promote the sustainable management of forests, including the protection of high conservation value forests". "We will not knowingly finance extractive or commercial logging projects in UNESCO World Heritage sites."
          • Policy applies to all stages of the supply chain
            Producers; Processors
            0.2/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors
            0.2/0.4
            "Forests are important to our environment, to communities and to biodiversity, and their degradation poses significant threats to each. We seek to promote the sustainable management of forests, including the protection of high conservation value forests". "We will not knowingly finance extractive or commercial logging projects in UNESCO World Heritage sites."
        • Assurance mechanism to ensure compliance
          5.4/5.6
          • Commitment details
            Require
            4/4
            Commitment details
            Require
            4/4
            Certification scheme (if applicable): RSPO
            Verification method: Certification Scheme
            "For companies that are directly involved in the upstream production of palm oil, Morgan Stanley will not provide financing unless the companies either have achieved or are working toward Roundtable on Sustainable Palm Oil (RSPO) certification or a comparable certification".
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "For companies that are directly involved in the upstream production of palm oil, Morgan Stanley will not provide financing unless the companies either have achieved or are working toward Roundtable on Sustainable Palm Oil (RSPO) certification or a comparable certification".
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "For companies that are directly involved in the upstream production of palm oil, Morgan Stanley will not provide financing unless the companies either have achieved or are working toward Roundtable on Sustainable Palm Oil (RSPO) certification or a comparable certification".
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "For companies that are directly involved in the upstream production of palm oil, Morgan Stanley will not provide financing unless the companies either have achieved or are working toward Roundtable on Sustainable Palm Oil (RSPO) certification or a comparable certification".
          • Policy applies to all stages of the supply chain
            Producers; Processors
            0.2/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors
            0.2/0.4
            "For companies that are directly involved in the upstream production of palm oil, Morgan Stanley will not provide financing unless the companies either have achieved or are working toward Roundtable on Sustainable Palm Oil (RSPO) certification or a comparable certification".
        • Companies must have a grievance mechanism
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            0
            0/0.4
        • Commitments must be timebound
          5.6/5.6
          • Commitment details
            Require
            4/4
            Commitment details
            Require
            4/4
            Type of policy: Companies set own deadline but must be timebound
            "Morgan Stanley will not provide financing unless the companies either have achieved or are working toward Roundtable on Sustainable Palm Oil (RSPO) certification or a comparable certification [...] Companies that are in compliance with applicable laws and regulations but have not obtained nor are working toward RSPO or a comparable certification will be considered on a case-by-case basis if they can demonstrate compliance with the RSPO Principles."
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "Morgan Stanley will not provide financing unless the companies either have achieved or are working toward Roundtable on Sustainable Palm Oil (RSPO) certification or a comparable certification [...] Companies that are in compliance with applicable laws and regulations but have not obtained nor are working toward RSPO or a comparable certification will be considered on a case-by-case basis if they can demonstrate compliance with the RSPO Principles."
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "Morgan Stanley will not provide financing unless the companies either have achieved or are working toward Roundtable on Sustainable Palm Oil (RSPO) certification or a comparable certification [...] Companies that are in compliance with applicable laws and regulations but have not obtained nor are working toward RSPO or a comparable certification will be considered on a case-by-case basis if they can demonstrate compliance with the RSPO Principles."
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "Morgan Stanley will not provide financing unless the companies either have achieved or are working toward Roundtable on Sustainable Palm Oil (RSPO) certification or a comparable certification [...] Companies that are in compliance with applicable laws and regulations but have not obtained nor are working toward RSPO or a comparable certification will be considered on a case-by-case basis if they can demonstrate compliance with the RSPO Principles."
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "Morgan Stanley will not provide financing unless the companies either have achieved or are working toward Roundtable on Sustainable Palm Oil (RSPO) certification or a comparable certification [...] Companies that are in compliance with applicable laws and regulations but have not obtained nor are working toward RSPO or a comparable certification will be considered on a case-by-case basis if they can demonstrate compliance with the RSPO Principles."
      • Social Considerations
        3/22
        • Company must ensure Free, Prior and Informed Consent
          3.4/5.6
          • Commitment details
            Yes - Encourage
            2/4
            Commitment details
            Yes - Encourage
            2/4
            "When financing projects in indigenous territories, Morgan Stanley will aim to ensure that [...] the appropriate parties are engaged with the affected indigenous peoples to achieve free, prior, and informed consent."
          • Policy applies to all operations and financing
            Subset
            0.2/0.4
            Policy applies to all operations and financing
            Subset
            0.2/0.4
            "When financing projects in indigenous territories, Morgan Stanley will aim to ensure that [...] the appropriate parties are engaged with the affected indigenous peoples to achieve free, prior, and informed consent."
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "When financing projects in indigenous territories, Morgan Stanley will aim to ensure that [...] the appropriate parties are engaged with the affected indigenous peoples to achieve free, prior, and informed consent."
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "When financing projects in indigenous territories, Morgan Stanley will aim to ensure that [...] the appropriate parties are engaged with the affected indigenous peoples to achieve free, prior, and informed consent."
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "When financing projects in indigenous territories, Morgan Stanley will aim to ensure that [...] the appropriate parties are engaged with the affected indigenous peoples to achieve free, prior, and informed consent."
        • Company must respect labour rights
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            0
            0/0.4
        • Company must address gender equality issues
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            0
            0/0.4
        • Companies must encourage the inclusion of small-scale farmers
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            0
            0/0.4
    • Soy
      16/64
      • Commitment Strength
        13/42
        • Commodity-specific financing policy
          0/9.6
          • Commitment details
            No
            0/8
            Commitment details
            No
            0/8
            Type of policy: No policy
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            0
            0/0.4
        • Companies must be legally operated
          5.6/5.6
          • Commitment details
            Entire supply chain - Require
            4/4
            Commitment details
            Entire supply chain - Require
            4/4
            "Compliance with applicable laws and regulations is required [...] We will not knowingly finance companies or projects that collude with or are knowingly engaged in illegal logging or utilize illegal or uncontrolled fire."
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "Compliance with applicable laws and regulations is required [...] We will not knowingly finance companies or projects that collude with or are knowingly engaged in illegal logging or utilize illegal or uncontrolled fire."
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "Compliance with applicable laws and regulations is required [...] We will not knowingly finance companies or projects that collude with or are knowingly engaged in illegal logging or utilize illegal or uncontrolled fire."
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "Compliance with applicable laws and regulations is required [...] We will not knowingly finance companies or projects that collude with or are knowingly engaged in illegal logging or utilize illegal or uncontrolled fire."
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "Compliance with applicable laws and regulations is required [...] We will not knowingly finance companies or projects that collude with or are knowingly engaged in illegal logging or utilize illegal or uncontrolled fire."
        • Companies must protect priority forests or globally important landscapes
          7.4/9.6
          • Commitment details
            All high priority landscapes - Encourage
            6/8
            Commitment details
            All high priority landscapes - Encourage
            6/8
            "Forests are important to our environment, to communities and to biodiversity, and their degradation poses significant threats to each. We seek to promote the sustainable management of forests, including the protection of high conservation value forests". "We will not knowingly finance extractive or commercial logging projects in UNESCO World Heritage sites."
          • Policy applies to all operations and financing
            Subset
            0.2/0.4
            Policy applies to all operations and financing
            Subset
            0.2/0.4
            "Forests are important to our environment, to communities and to biodiversity, and their degradation poses significant threats to each. We seek to promote the sustainable management of forests, including the protection of high conservation value forests". "We will not knowingly finance extractive or commercial logging projects in UNESCO World Heritage sites."
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "Forests are important to our environment, to communities and to biodiversity, and their degradation poses significant threats to each. We seek to promote the sustainable management of forests, including the protection of high conservation value forests". "We will not knowingly finance extractive or commercial logging projects in UNESCO World Heritage sites."
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "Forests are important to our environment, to communities and to biodiversity, and their degradation poses significant threats to each. We seek to promote the sustainable management of forests, including the protection of high conservation value forests". "We will not knowingly finance extractive or commercial logging projects in UNESCO World Heritage sites."
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "Forests are important to our environment, to communities and to biodiversity, and their degradation poses significant threats to each. We seek to promote the sustainable management of forests, including the protection of high conservation value forests". "We will not knowingly finance extractive or commercial logging projects in UNESCO World Heritage sites."
        • Assurance mechanism to ensure compliance
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            0
            0/0.4
        • Companies must have a grievance mechanism
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            0
            0/0.4
        • Commitments must be timebound
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            0
            0/0.4
      • Social Considerations
        3/22
        • Company must ensure Free, Prior and Informed Consent
          3.4/5.6
          • Commitment details
            Yes - Encourage
            2/4
            Commitment details
            Yes - Encourage
            2/4
            "When financing projects in indigenous territories, Morgan Stanley will aim to ensure that [...] the appropriate parties are engaged with the affected indigenous peoples to achieve free, prior, and informed consent."
          • Policy applies to all operations and financing
            Subset
            0.2/0.4
            Policy applies to all operations and financing
            Subset
            0.2/0.4
            "When financing projects in indigenous territories, Morgan Stanley will aim to ensure that [...] the appropriate parties are engaged with the affected indigenous peoples to achieve free, prior, and informed consent."
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "When financing projects in indigenous territories, Morgan Stanley will aim to ensure that [...] the appropriate parties are engaged with the affected indigenous peoples to achieve free, prior, and informed consent."
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "When financing projects in indigenous territories, Morgan Stanley will aim to ensure that [...] the appropriate parties are engaged with the affected indigenous peoples to achieve free, prior, and informed consent."
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "When financing projects in indigenous territories, Morgan Stanley will aim to ensure that [...] the appropriate parties are engaged with the affected indigenous peoples to achieve free, prior, and informed consent."
        • Company must respect labour rights
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            0
            0/0.4
        • Company must address gender equality issues
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            0
            0/0.4
        • Companies must encourage the inclusion of small-scale farmers
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            0
            0/0.4
    • Timber, Pulp & Paper
      37/64
      • Commitment Strength
        34/42
        • Commodity-specific financing policy
          9.6/9.6
          • Commitment details
            Yes
            8/8
            Commitment details
            Yes
            8/8
            Type of policy: Reduce deforestation
            "Companies that are directly involved in timber logging are expected to have obtained or be working toward Forest Stewardship Council (FSC) certification or a comparable certification when we directly finance forestry projects that impact high conservation value forests."
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "Companies that are directly involved in timber logging are expected to have obtained or be working toward Forest Stewardship Council (FSC) certification or a comparable certification when we directly finance forestry projects that impact high conservation value forests."
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "Companies that are directly involved in timber logging are expected to have obtained or be working toward Forest Stewardship Council (FSC) certification or a comparable certification when we directly finance forestry projects that impact high conservation value forests."
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "Companies that are directly involved in timber logging are expected to have obtained or be working toward Forest Stewardship Council (FSC) certification or a comparable certification when we directly finance forestry projects that impact high conservation value forests."
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "Companies that are directly involved in timber logging are expected to have obtained or be working toward Forest Stewardship Council (FSC) certification or a comparable certification when we directly finance forestry projects that impact high conservation value forests."
        • Companies must be legally operated
          5.6/5.6
          • Commitment details
            Entire supply chain - Require
            4/4
            Commitment details
            Entire supply chain - Require
            4/4
            "Compliance with applicable laws and regulations is required [...] We will not knowingly finance companies or projects that collude with or are knowingly engaged in illegal logging or utilize illegal or uncontrolled fire."
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "Compliance with applicable laws and regulations is required [...] We will not knowingly finance companies or projects that collude with or are knowingly engaged in illegal logging or utilize illegal or uncontrolled fire."
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "Compliance with applicable laws and regulations is required [...] We will not knowingly finance companies or projects that collude with or are knowingly engaged in illegal logging or utilize illegal or uncontrolled fire."
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "Compliance with applicable laws and regulations is required [...] We will not knowingly finance companies or projects that collude with or are knowingly engaged in illegal logging or utilize illegal or uncontrolled fire."
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "Compliance with applicable laws and regulations is required [...] We will not knowingly finance companies or projects that collude with or are knowingly engaged in illegal logging or utilize illegal or uncontrolled fire."
        • Companies must protect priority forests or globally important landscapes
          7.4/9.6
          • Commitment details
            All high priority landscapes - Encourage
            6/8
            Commitment details
            All high priority landscapes - Encourage
            6/8
            "Forests are important to our environment, to communities and to biodiversity, and their degradation poses significant threats to each. We seek to promote the sustainable management of forests, including the protection of high conservation value forests". "We will not knowingly finance extractive or commercial logging projects in UNESCO World Heritage sites."
          • Policy applies to all operations and financing
            Subset
            0.2/0.4
            Policy applies to all operations and financing
            Subset
            0.2/0.4
            "Forests are important to our environment, to communities and to biodiversity, and their degradation poses significant threats to each. We seek to promote the sustainable management of forests, including the protection of high conservation value forests". "We will not knowingly finance extractive or commercial logging projects in UNESCO World Heritage sites."
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "Forests are important to our environment, to communities and to biodiversity, and their degradation poses significant threats to each. We seek to promote the sustainable management of forests, including the protection of high conservation value forests". "We will not knowingly finance extractive or commercial logging projects in UNESCO World Heritage sites."
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "Forests are important to our environment, to communities and to biodiversity, and their degradation poses significant threats to each. We seek to promote the sustainable management of forests, including the protection of high conservation value forests". "We will not knowingly finance extractive or commercial logging projects in UNESCO World Heritage sites."
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "Forests are important to our environment, to communities and to biodiversity, and their degradation poses significant threats to each. We seek to promote the sustainable management of forests, including the protection of high conservation value forests". "We will not knowingly finance extractive or commercial logging projects in UNESCO World Heritage sites."
        • Assurance mechanism to ensure compliance
          5.6/5.6
          • Commitment details
            Require
            4/4
            Commitment details
            Require
            4/4
            Verification method: Certification Scheme
            Certification scheme (if applicable): FSC
            "Companies that are directly involved in timber logging are expected to have obtained or be working toward Forest Stewardship Council (FSC) certification or a comparable certification when we directly finance forestry projects that impact high conservation value forests."
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "Companies that are directly involved in timber logging are expected to have obtained or be working toward Forest Stewardship Council (FSC) certification or a comparable certification when we directly finance forestry projects that impact high conservation value forests."
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "Companies that are directly involved in timber logging are expected to have obtained or be working toward Forest Stewardship Council (FSC) certification or a comparable certification when we directly finance forestry projects that impact high conservation value forests."
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "Companies that are directly involved in timber logging are expected to have obtained or be working toward Forest Stewardship Council (FSC) certification or a comparable certification when we directly finance forestry projects that impact high conservation value forests."
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "Companies that are directly involved in timber logging are expected to have obtained or be working toward Forest Stewardship Council (FSC) certification or a comparable certification when we directly finance forestry projects that impact high conservation value forests."
        • Companies must have a grievance mechanism
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            0
            0/0.4
        • Commitments must be timebound
          5.6/5.6
          • Commitment details
            Require
            4/4
            Commitment details
            Require
            4/4
            Type of policy: Companies set own deadline but must be timebound
            "Companies that are directly involved in timber logging are expected to have obtained or be working toward Forest Stewardship Council (FSC) certification or a comparable certification [...] Companies that are in compliance with applicable laws and regulations and have not obtained nor are working toward FSC or a comparable certification will be considered on a case-by-case basis if they can demonstrate compliance with the FSC Principles, and in such case, we will introduce or refer relevant clients to credible experts who can help establish a rigorous, time-bound, step-wise approach to achieve certification."
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "Companies that are directly involved in timber logging are expected to have obtained or be working toward Forest Stewardship Council (FSC) certification or a comparable certification [...] Companies that are in compliance with applicable laws and regulations and have not obtained nor are working toward FSC or a comparable certification will be considered on a case-by-case basis if they can demonstrate compliance with the FSC Principles, and in such case, we will introduce or refer relevant clients to credible experts who can help establish a rigorous, time-bound, step-wise approach to achieve certification."
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "Companies that are directly involved in timber logging are expected to have obtained or be working toward Forest Stewardship Council (FSC) certification or a comparable certification [...] Companies that are in compliance with applicable laws and regulations and have not obtained nor are working toward FSC or a comparable certification will be considered on a case-by-case basis if they can demonstrate compliance with the FSC Principles, and in such case, we will introduce or refer relevant clients to credible experts who can help establish a rigorous, time-bound, step-wise approach to achieve certification."
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "Companies that are directly involved in timber logging are expected to have obtained or be working toward Forest Stewardship Council (FSC) certification or a comparable certification [...] Companies that are in compliance with applicable laws and regulations and have not obtained nor are working toward FSC or a comparable certification will be considered on a case-by-case basis if they can demonstrate compliance with the FSC Principles, and in such case, we will introduce or refer relevant clients to credible experts who can help establish a rigorous, time-bound, step-wise approach to achieve certification."
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "Companies that are directly involved in timber logging are expected to have obtained or be working toward Forest Stewardship Council (FSC) certification or a comparable certification [...] Companies that are in compliance with applicable laws and regulations and have not obtained nor are working toward FSC or a comparable certification will be considered on a case-by-case basis if they can demonstrate compliance with the FSC Principles, and in such case, we will introduce or refer relevant clients to credible experts who can help establish a rigorous, time-bound, step-wise approach to achieve certification."
      • Social Considerations
        3/22
        • Company must ensure Free, Prior and Informed Consent
          3.4/5.6
          • Commitment details
            Yes - Encourage
            2/4
            Commitment details
            Yes - Encourage
            2/4
            "When financing projects in indigenous territories, Morgan Stanley will aim to ensure that [...] the appropriate parties are engaged with the affected indigenous peoples to achieve free, prior, and informed consent."
          • Policy applies to all operations and financing
            Subset
            0.2/0.4
            Policy applies to all operations and financing
            Subset
            0.2/0.4
            "When financing projects in indigenous territories, Morgan Stanley will aim to ensure that [...] the appropriate parties are engaged with the affected indigenous peoples to achieve free, prior, and informed consent."
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "When financing projects in indigenous territories, Morgan Stanley will aim to ensure that [...] the appropriate parties are engaged with the affected indigenous peoples to achieve free, prior, and informed consent."
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "When financing projects in indigenous territories, Morgan Stanley will aim to ensure that [...] the appropriate parties are engaged with the affected indigenous peoples to achieve free, prior, and informed consent."
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "When financing projects in indigenous territories, Morgan Stanley will aim to ensure that [...] the appropriate parties are engaged with the affected indigenous peoples to achieve free, prior, and informed consent."
        • Company must respect labour rights
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            0
            0/0.4
        • Company must address gender equality issues
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            0
            0/0.4
        • Companies must encourage the inclusion of small-scale farmers
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            0
            0/0.4
  • Reporting & Implementation
    10/20
    • Policy is reviewed and updated
      5/5
      Policy review
      Commit to update policy - Annually or more frequent
      5/5
      "This Policy Statement is reviewed annually by the ESRM Group, the GSF Group, the businesses, and other relevant internal functions and may be modified to reflect developments in our sustainability strategy or business operations. The results of the review are presented to the Global Franchise Committee, and material amendments are presented to the Nominating and Governance Committee of the Board of Directors for their consideration".
    • Companies must disclose subsidiaries in commodity supply chains
      0/5
    • Monitoring and non-compliance process
      5/5
      Monitoring compliance
      Yes - Screening and monitoring process
      5/5
      "Portfolio managers are responsible for evaluating risks and opportunities for each investment, including relevant ESG issues, at industry, company and portfolio levels. When an investment team determines that an ESG issue is relevant to their analysis, it is considered in the team’s evaluation of and engagement with a company or portfolio". 
    • Reporting on implementation of the policy
      0/5
  • Commitment strength
    23/42
    Avg. score
  • Social considerations
    3/22
    Avg. score

Profile

Morgan Stanley are an international investment bank and financial services provider headquartered in the US that serves private, corporate and institutional clients. Services include wealth management, investment banking, capital markets, sales and trading, and research and investment management. As of 2017, their total assets amount to more than 850 billion USD, with more than 130 billion USD worth of loans. Morgan Stanley are among the top 15 lenders to Forest 500 companies, with loans amounting to more than 36 billion USD across a broad range of forest risk sectors. They are also among the top 20 shareholders for Forest 500 companies, with more than 19 billion USD worth of shares.

HQ
HQ 
United States
Financial institution type
Financial institution type 
Asset management, Bank

How we assess the Forest 500

Investors and lenders need to adopt and implement strong deforestation policies that ensure their investments are not funding the destruction of forests.

All assessments use policies published on financial institution websites, some links may have changed or been removed since the time of assessment.

Disclaimer

This assessment has been carried out following the methodology developed for the Forest 500 project, available here. Please see our disclaimer applicable to all information contained within this site and our terms and conditions for use of data presented on this site.

All assessments use policies published on company and financial institution websites, and while we endeavor to keep them updated some links may have changed or been removed since the time of assessment.

Please contact us with any concerns or feedback about this or other assessments included in the Forest 500.