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Past Finalists and Winners

The prospectuses and presentations of Kellogg-Morgan Stanley Sustainable Investing Challenge finalists are not only a great reference for participating students, but are an evolving record of the evolution of the field of sustainable finance, and, in some cases, early iterations of what have now become successful ventures. 

Click through each year below to see the prospectuses and final presentations that were deemed the strongest in that year of the competition.

2011  •  2012  •  2013  •  2014  •  2015  •  2016  •  2017  •  2018  •  2019

 2020  •  2021  •  2022  • 

Northwestern University, Kellogg School of Management

2013 Winner
Outcomes Innovation Capital

Thammasat Business School

2013 Runner-up
EThree Fund

Tufts University, Fletcher School

2013 Finalist
Food Security Catastrophe Bonds

Vanderbilt University, Owen Graduate School of Management

2013 Finalist
ES Asset Management

University of California, Los Angeles, Anderson School of Management

2013 Finalist
AMR Capital

University of Chicago, Booth School of Business

2013 Finalist
The Adelante Fund

Duke University, Fuqua School of Business

2013 Finalist
AgImpact Fund

University of Massachusetts, Amherst, Isenberg School of Management

2013 Finalist
Food Forward Impact Fund

Wake Forest University, School of Business

2013 Finalist
Farmer Relief Fund


2013 Finalist


2013 Finalist
Zambian Agricultural Solutions

London Business School; Yale University, School of Forestry

2013 Finalist
Forestry-backed Bonds

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