Activating an environmentally sustainable future

Corporations have a responsibility to contribute to a greener tomorrow. At Moody’s, we are committed to advancing sustainability in our operations, global value chain, business offerings and communities.

In 2020, we established new environmental sustainability commitments, which includes procuring 100% renewable electricity for our global operations starting in 2020, remaining carbon neutral for our operations, business travel and employee commuting on an annual basis, and retroactively offsetting our greenhouse gas emissions (GHG) to the year 2000, when Moody’s became a public company. In addition, we set science-based targets to reduce GHG emissions on the path to achieving net-zero by 2050. These targets include:

Reduce absolute
scope 1 and scope 2 GHG emissions 50% by 2030 from a 2019 base year
Reduce absolute
scope 3 GHG emissions from fuel and energy related activities, business travel and employee commuting 15% by 2025 from a 2019 base year
60% of suppliers by spend
covering purchased goods and services and capital goods to have science-based targets by 2025

Moody’s is one of the first financial services companies to endorse and report based on recommendations from the Task Force on Climate-related Financial Disclosures (TCFD), and was featured as a case study in TCFD’s 2020 Status Report. In addition, we are the first S&P 500 company to join the Say on Climate campaign, which seeks to implement sustainable business practices around the globe by advocating for corporate climate action plans.

These efforts recently resulted in an ‘A List’ ranking by CDP for tackling climate change. Moody’s is one of a small number of high-performing companies to achieve the highest possible score, which reflects environmental ambition, action, and transparency.

In addition to our corporate-level performance, Moody’s is driving systemic climate action in capital markets. Through our acquisitions of Four Twenty Seven and V.E, we continue to integrate climate risk considerations into credit ratings, legacy products and services, and new offerings.

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“Moody’s is proud of the work we’ve done to enhance our environmental sustainability and we will continue to expand and enhance our efforts to integrate best practices throughout our business, using science-based targets.”
Mark Kaye
Chief Financial Officer of Moody’s Corporation