Morgan Stanley

Morgan Stanley's projected total greenhouse gas emissions for 2025 are approximately 52.93 billion kg CO2e. This includes about 3.78 billion kg CO2e from Scope 1 emissions, 740.49 million kg CO2e from Scope 2 emissions, and approximately 48.41 billion kg CO2e from Scope 3 emissions. In 2024, their total emissions were about 52.47 billion kg CO2e, comprising approximately 4.6 billion kg CO2e (Scope 1), 717.66 million kg CO2e (Scope 2), and 47.15 billion kg CO2e (Scope 3). For 2023, the company reported total emissions of approximately 154.29 million kg CO2e, with Scope 1 emissions at about 24.2 million kg CO2e and market-based Scope 2 emissions at approximately 31.8 million kg CO2e.

Morgan Stanley has set ambitious climate commitments. The company aims for net-zero emissions across its value chain by 2050, with a science-based target to achieve net-zero emissions by 2030. They also target a 42% reduction in Scope 1 and 2 emissions by 2031 from a 2021 baseline. Notably, as of year-end 2022, Morgan Stanley had already reduced its global GHG emissions (location-based accounting) by 41% from a 2012 baseline. Additionally, the company is committed to achieving a 20% reduction in energy usage for both Scope 1 and Scope 2 emissions by 2022, from a 2012 baseline.