Morgan Stanley, an investment bank and wealth management firm, will not fund some oil and gas projects or certain businesses dealing with firearms or ammunition. Morgan Stanley scored a 100 on the 2023 Corporate Equality Index (CEI) from the Human Rights Campaign (HRC), a political stakeholder group. By complying with Human Rights Campaign’s controversial demands, Morgan Stanley increases the risk of dividing employees, alienating customers and harming shareholders. The company covers transgender-related medical costs for its employees and their children and provides specific sexual orientation and gender identity-based benefits. It also uses sex and gender ideology criteria in employee recruitment, vendor selection, marketing, and philanthropic support. Morgan Stanley forces employees to undergo multiple ideological trainings and uses its reputation, corporate funds, and political influence to support controversial sex and gender ideologies, organizations, and legislation. The company provides a benefits package for employees which covers travel/lodging costs for an abortion and transgender medical procedures for covered employees and dependents, including children. However, it does not provide viewpoint protections for its employees. Morgan Stanley supports the Equality Act and its CEO signed the CEO Action for Diversity and Inclusion pledge. The company is a platinum partner of the Human Rights Campaign (HRC) and a corporate partner of the National LGBT Chamber of Commerce (NGLCC). America First Legal filed a letter with the EEOC requesting a civil rights investigation into Morgan Stanley over discriminatory practices in intern recruitment. Morgan Stanley is part of Glasgow's Net Zero Alliance, committed to carbon neutrality by 2050, and a signatory of the Business Roundtable's 2019 Statement on the Purpose of Corporation, which promotes stakeholder capitalism. The company discriminates against religious organizations in its charitable giving and has donated to the Equality PAC. Morgan Stanley is a member of the MCCA, indicating its focus on recruiting, retaining, and promoting employees based on race. The company is a Corporate Member of the Mid-America LGBT Chamber of Commerce. Morgan Stanley is a signatory to the CFA Institute’s Diversity, Equity, and Inclusion Code, indicating its support of DEI in its recruitment, hiring, onboarding, and promotions. Furthermore, the company pledges to integrate DEI into its policies, promote DEI in the investment industry, and provide regular reporting on its DEI metrics to the CFA Institute. For these reasons, Morgan Stanley receives a High Risk rating. This rating applies to E*Trade, a subsidiary of Morgan Stanley.