Morgan Stanley Launches Broad-Based Commitment to Develop Systemic Solutions to Reduce Global Plastic Waste

The Morgan Stanley Institute for Sustainable Investing (the Institute) announced the Morgan Stanley Plastic Waste Resolution to develop and scale systemic solutions to tackle the global challenge of growing amounts of plastic waste. Since plastic came into widespread use just over 50 years ago, it has become an ubiquitous part of the modern economy and everyday life, due to its versatility, portability, flexibility and resulting convenience. However, the ensuing rapid accumulation of plastic waste poses significant challenges. More than 75 percent of the amount of plastic manufactured each year is…

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