2021 Stakeholder Sustainability Report slide image

2021 Stakeholder Sustainability Report

A MESSAGE FROM OUR 2021 SUSTAINABILITY PRESIDENT & CEO HIGHLIGHTS ABOUT MOODY'S BETTER BUSINESS BETTER LIVES BETTER SOLUTIONS APPENDIX Moody's 2021 Stakeholder Sustainability Report 2021 Sustainability Highlights BETTER BUSINESS We accelerated our work to embed responsible and sustainable decision-making into our business by: » Exceeding and progressing on our science-based targets: 92% reduction in absolute Scope 1 and Scope 2 GHG emissions from 2019 base year, compared with our target of 50% by 2030 » >>> » - 95% reduction in Scope 3 GHG emissions from fuel and energy-related activities, business travel and employee commuting from 2019 base year, compared with our target of 15% by 2025 28% of suppliers by spend covering purchased goods and services and capital goods have science-based targets, progressing to our target of 60% by 2025 Entering sustainability alliances, such as the Glasgow Financial Alliance for Net Zero (GFANZ) and the Taskforce on Nature-related Financial Disclosures (TNFD); More fully integrating sustainability-related performance metrics into annual compensation determination for all senior executives; and Updating our Environmental Sustainability and Privacy policies to reflect best practices. (888) BETTER LIVES We took steps to care for and equip our employees and to advance diversity, equity and inclusion (DE&I) in our business and our communities by: » >>> >>> >>> Committing to dedicating the resources necessary to maintain pay equity and to drive pay decisions based on legitimate factors. Our results show women earning $0.99 for every $1 earned by comparable men globally and non-white' employees earning $1.01 for every $1 earned by comparable white employees in the U.S.²; Evolving how we engage, empower and invest in diverse customers and underserved communities through our Creating Opportunities for Racial Equity (CORE) program; Aligning to a single performance management approach globally to empower employees to manage their professional development; and Engaging our communities through the donation of more than $6 million in Moody's Foundation grants, corporate charitable contributions, value of volunteer hours and employee-driven giving³. BETTER SOLUTIONS We continued to apply ESG best practices to the development of new solutions and the evolution of our legacy platforms and offerings by: » >>> Launching several new solutions that provide greater transparency into ESG-related risks or assist in aligning investments more closely with regulatory and disclosure frameworks, including: Expansion of our Issuer Profile Scores (IPS) and Credit Impact Scores (CIS) The launch of the ESG Score Predictor and Temperature Alignment Data Establishment of normative screenings for alignment with the UN Sustainable Development Goals (SDG) and Global Compact principles Acquiring RMS, a leading global provider of climate and natural disaster risk modeling and analytics. 1 Defined as LatinX, Black and Asian. 2 As of April 1, 2022. The population studied includes employees eligible for Moody's compensation programs and excludes limited duration employees, non-employees, temporary workers and employees from companies acquired in 2H 2021. Employees from V.E and Four Twenty Seven were excluded from the analysis due to not being integrated into Moody's compensation programs at the time of the analysis. This exclusion is non-material and represents 3% of employees. 3 Employee-driven giving includes grants paid from Moody's Foundation toward the Matching Gifts and Dollars for Doers programs. 4 Represents approximate revenue in (i) stand-alone ESG products and services, including our Climate Solutions, sustainable finance, research and insights products; and (ii) MA and MIS ESG-focused product enhancements. 92% Reduction in absolute Scope 1 and Scope 2 GHG emissions from 2019 base year $0.99 Earned by women globally for every $1 earned by comparable men² +36% Year-over-year increase in ESG-related revenue (excl. RMS)4
View entire presentation