Oxford students win 2021 Kellogg-Morgan Stanley Sustainable Investing Challenge
A team of four students from Oxford University including Annabella Wainer, 2nd year PhD student at the Smith School of Enterprise and the Environment has been named the winner of the 2021 Kellogg-Morgan Stanley Sustainable Investing Challenge. Wainer's team mates were Oxford MBA students Noah Law and Dawn Musil, and Neuroscience Dphil student Emilé Radyté.
"The interdisciplinary nature of our team helped us and we were excited to be the first ever UK and European team to win," commented Wainer.
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 ideas that help address critical social and environmental issues.
The team's winning proposal centred on pooling loans and contract assurance to help beekeepers scale operations and expand practices that drive biodiversity conservation.
They were one of 16 finalist teams competing in the virtual Challenge on Friday, April 9.
"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," said Matthew Slovik, Managing Director and Head of Global Sustainable Finance at Morgan Stanley.
"This year's winning team inspires us to think about capital for impact in a creative way, and with true progress at the centre of their concept," said Megan Kashner, Director of Social Impact and Clinical Assistance Professor at the Kellogg School of Management.
Professor Cameron Hepburn, Director of the Smith School of Enterprise and the Environment, commented: "This is an excellent example of the benefits of inter-disciplinary collaboration. My congratulations to Anna, Dawn, Emilé and Noah."