Morgan Stanley commits to measuring climate change impacts of its investments

THE HILL | Morgan Stanley committed Monday to measuring how its loans and investments impact climate change, becoming the first major U.S. financial institution to join a coalition accounting for carbon in finance.

Morgan Stanley, one of the largest U.S. investment firms, joined the Partnership for Carbon Accounting Financials (PCAF), which uses various data sets to estimate greenhouse gas emissions from investments and projects.

The commitment comes as major financial institutions are increasingly going green.

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