Morgan Stanley Report: Value Creation Drives Corporate Sustainability, Despite High Investment Costs

Companies see the opportunity for value creation as the top reason for pursuing a sustainability strategy, according to a new report from the Morgan Stanley Institute for Sustainable Investing. Regulatory compliance and a company’s moral responsibilities round out the top three motivations. The survey of over 300 companies across North America, Europe, and Asia found that 85% view sustainability primarily or partly as a value creation opportunity. However, the high level of investment required is cited as the biggest hurdle, with 70% of respondents seeing it as a very significant or somewhat significant obstacle. Access to capital is seen as vital, with 84% saying support from investors is important for delivering on sustainability strategies. As companies work to align their financing with sustainability goals, the market for labeled instruments like green bonds continues to evolve. Resources: https://esgnews.com/morgan-stanley-report-value-creation-drives-corporate-sustainability-despite-high-investment-costs/