2020-05-02T10:45:40+00:00

Morgan Stanley won't finance "oil and gas exploration" in the Arctic anymore

Morgan Stanley has announced through their updated Environmental and Social Policy Statement that the investment bank won't finance "new oil and gas exploration and development in the Arctic" anymore. Though this policy is only aimed at direct financing of these projects and does not prevent financing for companies that engage in these projects.

Sources: Content Sources

Source: Bloomberg

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Christoph Janke

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Organizations & Institutions

Morgan Stanley

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