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 14sustainability 2012 Our Code of Conduct is a statement of our commitment to integrity and high ethical standards in all that we do at Morgan Stanley.