ImpactAlpha, June 14 — Morgan Stanley is dipping into academic institutions, nonprofit initiatives and startup ventures to find breakthrough solutions in climate change, social justice and plastic waste.
The first cohort of its Sustainable Solutions Collaborative, selected by the Morgan Stanley Institute for Sustainable Investing, includes the Ghana-based pharmacy supply-chain tech venture mPharma; Nairobi’s SunCulture, a solar-powered irrigation pumps and systems maker for smallholder farmers; Trees As Infrastructure, which is looking to help integrate nature into urban infrastructure; and MySOC, a soil carbon data provider and marketplace for farmers.
Each organization will receive $250,000 and get yearlong support from Morgan Stanley. For Siklus, which aims to reduce plastic waste in Indonesia, Morgan Stanley will mobilize consumer packaged goods experts as well as clients.
“Their innovation is not a new compound, but a new way of doing business,” Morgan Stanley’s Audrey Choi told ImpactAlpha.