Moody’s Recognized with CDP’s ‘A’ Score on Climate Action for Second Consecutive Year
December 07 2021 - 7:00AM
Business Wire
Moody’s Corporation (NYSE:MCO) announced today that it has
received an ‘A’ score from CDP on climate action for the second
consecutive year. The top score recognizes Moody’s as one of a
small number of high-performing companies out of nearly 12,000 that
are leading actions to cut emissions, mitigate climate risks and
develop the low-carbon economy.
“As a member of CDP’s Reporter Services and Supply Chain
programs, Moody’s Corporation has demonstrated environmental
leadership and commitment to curb climate change within their
business, as well as among their suppliers. Looking ahead, we are
excited to see their continued dedication to transparency and
prolonged effort to securing a net-zero, sustainable world,” said
Simon Fischweicher, Head of Corporates and Supply Chains for CDP
North America.
In 2021, Moody’s accelerated its commitment to achieve net-zero
emissions by 2040, bringing its original target forward by ten
years, and advanced its validated, interim net-zero science-based
targets. Progress on these targets can be viewed in Moody’s TCFD
Report and Stakeholder Sustainability Report.
“As the world faces unparalleled challenges from climate change,
I am proud that Moody’s has again received this prestigious
recognition from CDP,” said Rob Fauber, President & Chief
Executive Officer of Moody’s. “Sustainability is at the heart of
everything we do, and in our role as a global risk assessment firm,
we can also support others to make more sustainable decisions,
anticipate emerging risks, and invest in historic
opportunities.”
Moody’s helps market participants identify climate-related risks
and opportunities with a broad spectrum of climate solutions and
insights, ranging from entity level information to macro level
analytics, to help quantify climate risk factors and readiness.
Moody’s also publishes a range of climate-related thought
leadership and analysis, including a recent special report
analyzing the implications of a rapid carbon transition for the
most carbon-intensive corporate sectors.
Moody’s was recently included in the Dow Jones Sustainability
Indices and ranked in the top 10 percent of leading sustainability
performers. The company is a founding member of the Net Zero
Financial Services Provider Alliance, part of the Glasgow Financial
Alliance for Net Zero (GFANZ). In 2021, Moody’s joined the
Taskforce on Nature-related Financial Disclosures (TNFD), an
industry-led initiative to shift global financial flows from
nature-negative to nature-positive outcomes.
Read more about how Moody’s is connecting climate action to its
business purpose in CDP’s Stories of Change and visit the company’s
sustainability site to learn about its environmental efforts and to
access its portfolio of climate-related reports.
ABOUT MOODY’S CORPORATION
Moody’s (NYSE: MCO) is a global integrated risk assessment firm
that empowers organizations to make better decisions. Its data,
analytical solutions and insights help decision-makers identify
opportunities and manage the risks of doing business with others.
We believe that greater transparency, more informed decisions, and
fair access to information open the door to shared progress. With
over 13,000 employees in more than 40 countries, Moody’s combines
international presence with local expertise and over a century of
experience in financial markets. Learn more at
moodys.com/about.
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SHIVANI KAK Investor Relations 212.553.0298
Shivani.Kak@moodys.com JULIAN KNAPP Corporate Communications +44
20.7772.5454 Julian.Knapp@moodys.com
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