In November 2015,Morgan Stanley stated that it has a responsibility to guide the global community toward a low-carbon economy as a financier.

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In November 2015, on the opening day of the United Nations climate summit in Paris, Morgan Stanley stated that it, as a financier, has a responsibility to guide the global community toward a low-carbon economy. Also, Morgan Stanley and Wells Fargo announced that they would no longer provide financing to coal-mining companies in both the developed and developing world.

In November 2015,Morgan Stanley Stated That It Has a Responsibility