and Materiality 26 inveSting with iMpact 28 public Finance 31 coMMunity developMent 37 Social Finance 40 eMployeeS 48 philanthropy 56 operationS 66 awardS & recognition 67 gri index http://www.morganstanley.com/about/company/governance/cgpolicies.html 9sustainability 2012 and deferred cash awards and a broad scope of improper employee behavior.