Are Three Enoughs Enough? Part 2: Enough sustainability

Morgan Stanley has renewed its commitment to mobilize $750 billion to support low-carbon solutions by 2030, following its initial commitment of $250 billion announced in 2018, representing a three-fold increase. The commitment builds on Morgan Stanley’s leadership position as the first large U.S. bank to commit to net-zero financed emissions by 2050 in line with the Paris Agreement, and its role as the sole large U.S. bank on the Steering Committee of the Partnership for Carbon Accounting Financials (PCAF). The firm will achieve this commitment through increased activities such as clean-tech and renewable energy finance, green bond financing and other transactions that enable a transition to a low-carbon economy.

We are intensifying the support we provide to help our portfolio of customers thrive in the low-carbon transition.

Scientists have developed a hardened wood material that, when sharpened, is three times sharper than a stainless steel dinner knife, according to the new study on the work. The research comes from the University of Maryland’s Teng Li and a team that developed a new method to generate extremely hard wood. Among other things, the development may lead to more sustainable building materials.  Wood contains between 40- and 50-percent cellulose, with the rest of the material compromised of binders called lignin and hemicellulose. While cellulose has a greater strength-to-density ratio than materials like metal and ceramic, the binder materials make wood overall weaker than man-made counterparts.