"Additionally, within our Investment Management division, we recognize that risks relating to various sustainability factors such as labor retention, supply chain disruption, and human rights violations can pose actual or potential material risks to our investments at the individual asset and portfolio levels. Furthermore, given our role as a global investment manager, we acknowledge that an unintended consequence of some of our investments may include some level of adverse impact on broader systemic sustainability factors such as social and employee matters, respect for human rights, anti-corruption and anti-bribery matters. The Morgan Stanley Investment Management Sustainable Investment Policyoutlines how we look to identify, understand, and mitigate such potential sustainability risks in our portfolios, and also how we aim to reduce potential adverse impacts through a combination of actions, including investment teams’ engagement with investee management, our global stewardship program, our thematic research, and our collaborative efforts in the broader investment industry.

Morgan Stanley is committed to combating financial crimes and our Global Financial Crimes policies and standards are designed to enable us to comply with all relevant laws and regulations as well as industry guidance and best practice. Throughout the client lifecycle we deploy methods to detect and disrupt modern slavery and human trafficking, including using client screening technologies (such as adverse media) to identify relevant risk factors and escalate them to financial crimes teams.In addition, our country risk analysis, which includes human rights and modern slavery factors, underpins our financial crime risk management framework, directly influencing outcomes of processes such as transaction monitoring and client risk rating" p. 3