Finance Guru to Take On Environmental, Climate Issues
Under the auspices of the nonprofit organization Environmental Defense, the new Environmental Markets Network (EMN) will provide a platform for leaders in the financial and policymaking communities to work together to plan for the future of the environment and be heard by crucial decision-makers.
The EMN will first focus on climate change legislation, where a cap on greenhouse gas emissions and a solid trading system offer a roadmap for economic growth and sound environmental policy. EMN will provide a resource for policymakers in Washington, communicate with the public and press, link academic research with sound action and convert market knowledge into environmental solutions.
Anda, who will relinquish his post at Morgan Stanley, has been associated with the firm since 1986, having served as both Global Head of Capital Markets and Head of Corporate Finance, as well as running both Investment Banking and Institutional Equities in Asia. He is a member of the President's Advisory Council of Environmental Defense and currently sits on the Board of Trustees of The Asia Society.
Fred Krupp, the president of Environmental Defense, said, "Jon Anda brings great credibility to an idea whose time has come. Financial experts know that efficient markets find the best solutions and Jon is someone they can trust to help articulate real-world solutions."
In discussing the move, Anda said, "I have had a long and proud association with Morgan Stanley but I can not pass up this tremendous public service opportunity. I look forward to applying my capital markets experience to help create a global cap on greenhouse gas emissions and a trading system for credits. The beauty is in the details, and we need the support of the financial industry to get those details right."
John Mack, Chairman and CEO of Morgan Stanley, added that "Jon has been a tremendously effective partner at Morgan Stanley and I am confident that he will be equally effective in helping to address the urgent mission of the new EMN. All of us at Morgan Stanley wish him well and much success in his new public service endeavor."
A biogas process being used in Turkey reduces plant operations while providing potato farmers with more sustainable soil nutrients. Read more
The sixth annual edition of research has been expanded to include data on 1,600 companies worldwide, as well as on the U.S.-based S&P 500. Find out where the world of sustainable business is headed -- and the leading indicators of future progress.
Read the stories and download the report.
Latest white papers from our sponsors:
- Your Job, Your Employer and the Environment: A Survey of the American Worker 2013
- Selecting An EMIS Top 10
- EHS Management Information Systems (EMIS) - Getting Started
- EMIS Design
- Environmental Health & Safety (EHS) Data Management in a Post Merger and Acquisition Environment
- E2's EMIS Return on Investment (ROI) Approach
- A Tactical and Practical Approach (TAPA) to Developing a Defensible and Manageable Sustainability Program
- Who Should Implement Your EMIS Software
- Why create an EMIS Strategic Plan?
- Automating Global Regulatory Compliance
- Build vs. Buy
- Why do I need a consultant to design my solution?
- CSR Game-Changers: ESG Metadata and Materiality Assessments
- Getting Materiality Right
- Guide to Energy, Carbon and Sustainability Software