Financial Services / Banking

Morgan Stanley sustainability score: 29/100

29/100
Significant gaps+2 since last review
Joint 46th of 59 in Financial Services / Banking

Is this your company? Claim this profile (free)

About Morgan Stanley

Morgan Stanley is a global investment bank, wealth manager and asset manager headquartered in New York. Incorporated in Delaware in 1981 (its predecessor companies date back to 1924), it had about 83,000 employees and $70.6 billion in FY2025 net revenues.

Founded 1981Head office New York City, United StatesStaff ~83,000 (FY2025)Revenue $70,645M net revenues (FY2025)Website ↗

Our verdict

Morgan Stanley reports operational emissions with Deloitte review, but publishes financed emissions only for six lending sectors and gives no total. It left the Net-Zero Banking Alliance in January 2025, its business-travel emissions are rising, and it relies on unbundled renewable certificates and offsets for its operational carbon-neutral claim. NGO reports name it among the largest fossil-fuel financiers.

Morgan Stanley scores 29/100 (Significant gaps) on SINK's independent climate assessment, scored from public data only. Scores are free. Companies can never pay for anything about their own score. Last verified October 2026.

That places Morgan Stanley joint 706th of 934 companies scored, and joint 46th of 59 in Financial Services / Banking.

The ten questions

What is Morgan Stanley doing well, and where does it fall short?

Strongest on Carbon Footprint: Operations and Transparency & Accountability (7/10, 6/10). Weakest on Resource Use & Waste and Water Impact (2/10, 2/10).

What's missing

Where Morgan Stanley lost points

For each question that lost points, the evidence our public rubric looks for that we didn't find.

  • Emissions from its own operations7/10Its own emissions aren't independently verified or tracked over several years.
  • Emissions from its supply chain3/10No assessment of where its supply-chain emissions come from.
  • Whether its emissions are falling3/10No evidence its emissions are falling, not even from energy bills or mileage.
  • How clean its energy is5/10Less than half its energy shown to be renewable, or no transition plan.
  • Its effect on nature3/10No assessment of its effect on nature, and no basic environmental policy.
  • How it uses materials and handles waste2/10No active waste reduction, reuse or repair shown.
  • Its effect on water2/10No monitoring of water use, or no measures to reduce it.
  • Its climate targets3/10No specific targets with dates.
  • How openly it reports6/10No annual impact report, or no pay linked to climate targets.
  • Its record on controversies4/10Points deducted for controversies or its business model. The finding is under question 10.

A score changes when the evidence does. We use new published evidence at the next rescore. Anyone can send us new evidence, free. How to send it.

The calculation

How is Morgan Stanley's SINK score calculated?

Same ten questions for every company. No private weighting.

SINK = (0.3 × Base + 0.7 × Performance) × Scale
Industry base impact
Financial Services / Banking sector ceiling.
50 / 100
Performance score
Sum of the ten questions, each scored 0 to 10.
38 / 100
Raw score
Weighted average before scale penalty.
(0.3 × 50) + (0.7 × 38) = 41.6
Scale penalty
Multiplier based on total emissions. Bigger polluters lose more.
× 0.7
Financed emissions
Banks and insurers that don't publish the emissions of the lending, investment or insurance they finance get a size multiplier of no more than 0.70×. This company publishes no such figure, so the 0.70× floor applies.
Not published (0.70× floor)
Final score
Rounded. Significant gaps.
29 / 100
How this score has moved

Has Morgan Stanley's score changed?

Morgan Stanley's score has moved from 27 to 29 across 2 recorded reviews, up 2 points.

0255075100274 April 20262919 October 2026
  1. 27 → 29+219 October 2026

    Fortune 50 re-score on methodology v2.5.17 (retail-bank Q10 exclusion only with a PCAF total); financed-emissions 0.70x floor shown

  2. Scored 274 April 2026

    Initial score at platform launch

Where the evidence comes from

What evidence is Morgan Stanley's score based on?

11 sources used in this assessment. All publicly available. Each row shows which of the ten questions it informed.

27% of them were published by Morgan Stanley itself; the rest come from independent sources.

[1]Self-reported
Morgan Stanley 2024 Sustainability Report

“Scope 2 Market Based 31,804 8,730”

2024Archived copy from 2026-09-20: the original link no longer opens for us.
Q1Q2Q3Q4Q6Q7Q8Q9
View →
[2]SEC filing
Morgan Stanley Form 10-K FY2025

“Climate-related risks could result in increased costs and adversely affect our operations, businesses and clients”

2026
Q9
View →
[3]Self-reported
Morgan Stanley Climate Change Goals & Net-Zero Progress

“We aim to reach net-zero financed emissions by 2050, with 2030 interim targets”

Ongoing
Q8
View →
[4]Self-reported
Morgan Stanley Environmental and Social Risk Management Policy Disclaimer

“These include due diligence, escalation, and guidelines for certain sectors and activities.”

Ongoing
Q5
View →
[5]Independent source
Morgan Stanley and Stanford Unveil Ecosystem Footprinting Tool

“Morgan Stanley in collaboration with Stanford University have jointly launched a unique tool to enhance sustainable business practices.”

2023
Q5
View →
[6]Independent source
Fossil Fuel Financing Surged to $906 Billion in 2025 as Big Banks Retreat from Climate Promises

“the top “Dirty Dozen” — which also includes Wells Fargo, Royal Bank of Canada, Barclays, SMBC Group, Morgan Stanley, Goldman Sachs and Toronto-Dominion Bank”

2026
Q10
View →
[7]SEC filing
Sierra Club Foundation SEC Filing on Morgan Stanley Fossil Fuel Financing

“MS provided $11.4 billion in financing to 102 of the largest”

2023
Q10
View →
[8]Independent source
Morgan Stanley is Latest to Leave Climate Banking Group

“Morgan Stanley on Thursday became the latest U.S. bank to withdraw from the Net-Zero Banking Alliance”

2025
Q10
View →
[9]Independent source
Morgan Stanley Fails to Exclude Fossil Fuel Expansion

“The bank does not set absolute emissions targets.”

Unknown
Q3
View →
[10]
esgtoday.com

“The new tool calculates the impact of human-made structures on ecosystem services based on their physical footprint on the landscape.”

Q5
View →
[11]
investmentweek.co.uk

“Morgan Stanley has pulled out of the Net Zero Banking Alliance (NZBA)”

Q8
View →

If you believe a source has been misread or a newer version exists, submit a challenge.

For Morgan Stanley

Is this your company? Claim this profile (free)

Free. Once you confirm, this page says “Profile claimed by Morgan Stanley” and we email you when the score changes. Claiming changes nothing about the score. More than one person can claim a company. Privacy

  • Use this score in tenders

    Send the link, or the one-page score sheet. It links back to this page and every source. Free.

    Open the score sheet →
  • Send new evidence, free

    Scored low because little is published? Publish what you do and send us the link, free. If it holds up, your score changes, and the change is logged on your page.

    How to send evidence →
  • Put your score on your website, free

    It shows the current score and links to this page, so it changes when the score does.

    Morgan Stanley: SINK sustainability score 29/100.

Track this score

We'll send one email to confirm. Every email has a one-click unsubscribe. Privacy

Bidding for a public contract? Check if you need a Carbon Reduction Plan, free →

We reply within 5 working days.

Want your own page like this?

Free, independent, every source shown. Send it to any buyer who asks about your sustainability.

Score my business free
Morgan Stanley in context

How does Morgan Stanley compare with other financial services / banking companies?

Where Morgan Stanley sits among financial services / banking peers.

Among the 59 major financial services / banking brands we've scored, Morgan Stanley is tied =46th of 59, with 2 others.

=46/59
Morgan Stanley's rank
36
Industry average
20
Industry low
65
Industry high
See all 59 in Financial Services / Banking →
THE SUNDAY RUNDOWN

Which companies moved this week, and why.

One email, every Sunday. Score changes, new research, the stories behind the numbers. Free.

We'll send one email to confirm. No spam. Unsubscribe in one click.

Checking a company?

Search free →

Asked to prove you're sustainable?

Get your business scored, free →

Been scored?

Find your page and claim it, free →

Scores are free. Companies can never pay for anything about their own score.