Morgan Stanley’s Institute Launches Sustainable Investing Challenge for Business Students
(3BL Media/Justmeans) – The Institute for Sustainable Investing, launched by Morgan Stanley three months ago, has announced a competition for business students in partnership with the Kellogg School of Management and business school INSEAD. The competition called “The Sustainable Investing Challenge” is inviting business students to submit market-based solutions that take into account key social and environmental challenges.
The last date for submissions to the competition is February 25. The participants are expected to come up with innovative and promising investment tools that bring financial gains while making a positive impact on the society and the environment. Key areas for sustainable solutions include food, energy, resources, health, education and climate change.
Ten finalists will be chosen by the Morgan Stanley Institute for Sustainable Investing. They will be invited to present their projects at Morgan Stanley’s NY headquarters before a panel of judges. The winning teams will receive awards totaling $15,000. The CEO of the Institute, Audrey Choi, said that private capital can be turned into a powerful force for sustainability by harnessing the tools of finance to tackle global challenges.
The Morgan Stanley Sustainable Investing Challenge aims to push this process forward, while identifying and recognizing ideas that are financially viable, sustainable, and scalable. The Challenge has been designed in keeping with the goals of the Institute. It also seeks to nurture the next generation of sustainable investing practitioners, building the intellectual and professional capacity required for tangible progress against the pressing challenges of the day.
The Morgan Stanley Institute for Sustainable Investing has been set up to provide solutions to clients who are interested in investing sustainably. The Institute has made a commitment to invest $1 billion in sustainable community projects.
Source: Blue and Green Tomorrow
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