01 April 2016 14:45:42 IST

IIM-B team finalist in Morgan Stanley Sustainable Investing Challenge

The four-member team will present their investment proposal in Hong Kong on April 1

A team of four students, from the Indian Institute of Management Bangalore, is among the top 10 finalists in the Morgan Stanley Sustainable Investing Challenge 2016. Pursuing their two-year Post Graduate Programme in Management, Akshay Soni, Archit Jain, Dinkar Mohta and Swati Kanojia will present their investment proposal in Hong Kong on April 15, 2016.

What it’s about

Hosted by the Kellogg School of Management and Morgan Stanley’s Institute for Sustainable Investing, the Sustainable Investing Challenge attracts the best entries from management schools across the world.

This year, 127 investment proposals were submitted from across 32 countries, and 64 business schools, including Harvard Business School, Kellogg School of Management and London Business School.

“We will present an innovative and creative sustainable investment strategy that is capable of producing positive social and environmental impact without sacrificing financial returns. Our proposal highlights the use of leveraged investment in public-private collaborations to change waste management, in India, across transportation, segregation, treatment and value generation,” said Akshay Soni.

The jury at the finals will comprise experts from the world’s leading financial institutions, impact investing funds and private equity funds. Dr Charan Singh, RBI Chair Professor of Economics at IIM Bangalore and the team’s academic mentor, expressed his appreciation for the team’s innovative proposal.