http://www.morganstanley.com/about-us-governance/pdf/Morgan_Stanley_Coal_Policy_Statement.pdf http://www.morganstanley.com/about-us-governance/pdf/Morgan_Stanley_Coal_Policy_Statement.pdf https://www.morganstanley.com/about-us-governance/pdf/Environmental_Policy.pdf In the UK, Morgan Stanley also complies with the European Union’s Emissions Trading Scheme (EU ETS).