Morgan Stanley exec on net zero: 'We can't just wait 30 years and see what happens'

Morgan Stanley exec on net zero: 'We can't just wait 30 years and see what happens'

In this episode of the ESG Insider podcast, we talk to Jessica Alsford, Head of Global Sustainability Research at Morgan Stanley. In the run-up to COP26, the big United Nations climate conference taking place in Glasgow in November 2021, there has been a lot of discussion in the sustainability world about the path to net zero and the role the financial industry will play in reaching the goals of the Paris agreement.

In the interview, Jessica talks about what needs to happen at COP26 to move companies beyond their headline net zero commitments into specific and transparent action plans.

"We can't just wait 30 years and see what happens," Jessica says. "So now, what comes next is [companies providing] that granularity, that visibility, about what are the specific actions" they are taking to achieve their end goal.

"Investors are looking for annual disclosure and reporting on progress so that you can very clearly see which companies are decarbonizing and at what rate," she adds.

Jessica also says the lack of standardization in sustainability disclosure frameworks poses challenges for the ESG world. Still, she says, the direction of travel is clear: "You need more data in order to be able to make the ESG investment decisions."

Photo credit: Morgan Stanley

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DC Climate Week highlights data center demands and challenges for science

DC Climate Week highlights data center demands and challenges for science

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CSO Insights: California's biggest utility talks decarbonization, climate adaptation and AI energy demands

CSO Insights: California's biggest utility talks decarbonization, climate adaptation and AI energy demands

In this episode of the All Things Sustainable podcast, we're talking to the Chief Sustainability Officer of one of the largest utilities in the US — Pacific Gas and Electric Company (PG&E).  PG&E i...

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What to expect from the inaugural Climate Week Zurich

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Switzerland's largest city is hosting its first-ever Climate Week, and All Things Sustainable is the official podcast. In this episode, we preview what to expect from the inaugural Climate Week Zurich...

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The rise of billion-dollar US weather and climate disasters

The rise of billion-dollar US weather and climate disasters

In this episode of the All Things Sustainable podcast, we're exploring how billion-dollar scale extreme weather and climate disasters in the US are growing in frequency and cost — and what that means ...

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Why 2026 will be pivotal for carbon markets

Why 2026 will be pivotal for carbon markets

In this episode of the All Things Sustainable podcast we speak with Dirk Forrister, President and CEO of the International Emissions Trading Association (IETA), to discuss the role of carbon markets i...

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How war in the Middle East is reshaping the energy landscape

How war in the Middle East is reshaping the energy landscape

This week's episode of the All Things Sustainable podcast brings you coverage from CERAWeek, the annual weeklong energy conference that S&P Global hosts in Houston, Texas.   Known as the "Davos of e...

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The race to unlock nuclear fusion for low-carbon energy security

The race to unlock nuclear fusion for low-carbon energy security

This episode of S&P Global's All Things Sustainable explores nuclear fusion, a technology some in the energy industry believe could become a cornerstone of secure, affordable low-carbon power.    Ou...

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Why major companies are backing product-level carbon accounting

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