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BeeBank & Brokerage Wins 2021 Kellogg-Morgan Stanley Sustainable Investing Challenge

Nachrichtenquelle: Business Wire (engl.)
12.04.2021, 16:00  |  131   |   |   

Morgan Stanley’s Institute for Sustainable Investing and Kellogg School of Management at Northwestern University today announced that the BeeBank & Brokerage team was named the winner of the 2021 Kellogg-Morgan Stanley Sustainable Investing Challenge. The team was one of 16 finalist teams competing in the virtual Challenge on Friday, April 9. The 16 finalists were selected from a field of 123 teams, composed of 414 students from 50 different countries. They represent 87 graduate schools, and their projects targeted impact in 33 countries.

The winning team of graduate students from University of Oxford’s Saïd Business School, Smith School of Enterprise and the Environment and Medical Research Council Brain Network Dynamics Unit captivated the judges with their BeeBank & Brokerage proposal. The team presented their idea of pooling loans and contract assurance to help beekeepers scale operations and expand practices that drive biodiversity conservation.

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Now in its eleventh year, the Kellogg-Morgan Stanley Sustainable Investing Challenge is an annual global competition designed to inspire future leaders to develop innovative financial vehicles to help address critical social and environmental issues.

“Our finalist teams truly showcase the creativity of the next generation of sustainable investing talent,” said Matthew Slovik, Managing Director and Head of Global Sustainable Finance at Morgan Stanley. “The winning proposal by the BeeBank & Brokerage team is an excellent example of an innovative financial approach that is necessary to tackle today’s pressing social and environmental challenges.”

Finalists presented their proposals and took questions from a panel of judges over live video conference. After all teams presented, judges reconnected over a separate video call to determine the winner, first runner up and plastics winner.

In recognition of the Firm’s Plastic Waste Resolution, this year’s prize for the best student proposal focused on addressing plastic waste went to The European Circular Fund team from the Frankfurt School of Finance and Management. Their proposal for a plastic packaging-focused cap-and-trade system designed to support a loan fund for waste collection, waste treatment and recycling companies within the EU.

The winning team, BeeBank & Brokerage, consisted of Noah Law, Dawn Musil, Emilé Radyté and Annabella Wainer from the United Kingdom, United States, Lithuania and United Kingdom, respectively.

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BeeBank & Brokerage Wins 2021 Kellogg-Morgan Stanley Sustainable Investing Challenge Morgan Stanley’s Institute for Sustainable Investing and Kellogg School of Management at Northwestern University today announced that the BeeBank & Brokerage team was named the winner of the 2021 Kellogg-Morgan Stanley Sustainable Investing …

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