Revenue and Issuance Analysis slide image

Revenue and Issuance Analysis

MIS ESG Opportunity: Driving Expansion Beyond Credit W Analysis » Moody's forecasts global green bond issuance to exceed $200 billion in 2019, a projected increase of 20% over 20181 » Moody's Green Bond Assessment ("GBA") portfolio is expected to save an estimated 2.6 million metric tons of annual carbon emissions² » Majority acquisition of Four Twenty Seven complements majority stake in Vigeo Eiris underscoring work to advance global standards 10 for assessing environmental and climate risk factors Research >> In 2018, Moody's published 200+ research reports focused on ESG risks and opportunities, up ~170% from 2017 Annual Moody's Assessments 21 18 Total Combined Assessments³ -260 Outreach » Organized or participated at 100+ global ESG events in 2018, attracting 5,500+ market participants » Strategic relationships with industry organizations and influencers across sustainable finance ESG Conference Spotlight on Credit as ESG Accelerates 2016 2017 2018 ■ MOODY'S vigeqeiris 1. Forecast as of January 31, 2019. 2. Based on preliminary 2018 data. Sources: Climate Bonds Initiative, Moody's Investors Service. 3. Year-to-date as of September 30, 2019. Includes approximately 60 Moody's GBAs and 200 Vigeo Eiris Second Party Opinions on green, sustainability and social bonds. MOODY'S November 4, 2019 35
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