2021 Stakeholder Sustainability Report

A MESSAGE FROM OUR PRESIDENT & CEO 2021 SUSTAINABILITY HIGHLIGHTS ABOUT MOODY'S BETTER BUSINESS BETTER LIVES BETTER SOLUTIONS APPENDIX Moody's 2021 Stakeholder Sustainability Report 30 CLIMATE METRICS AND TARGETS In 2021, we accelerated our ambition to reach net-zero emissions by 2040, a decade earlier than our previous commitment to the UNGC Business Ambition for 1.5 °C. We took significant steps towards this goal - of note, we set a long-term net-zero target, progressed on our near- term net-zero targets to reduce GHG emissions, continued to procure 100% renewable electricity and to offset the remainder of our emissions from our operations, business travel and employee commuting. ACHIEVING OUR SCIENCE-BASED TARGETS Our science-based targets are focused on three critical aspects of reducing our GHG emissions. In 2021, we exceeded our GHG emissions reductions targets and made strong progress toward our supplier engagement target, with 28% of suppliers by spend now committed to science-based targets. Near-term net-zero targets² 50% reduction in absolute Scope 1 and Scope 2 GHG emissions by 2030¹ Progress against our targets Exceeding target 76% 92% 15% reduction in Scope 3 GHG emissions from fuel and energy-related activities, business travel and employee commuting by 20251 Exceeding target 81% 95% 60% of our suppliers by spend covering purchased goods and services and capital goods to have science-based targets by 2025 In progress 2040 Net-zero target In addition to this progress, we are announcing our long-term net-zero SBTi-validated target of 90% emissions reductions in Scope 1, 2 and 3 emissions by 2040¹. 2020 2021 1 From a 2019 base year. 2 Our progress on science-based targets was retroactively recalculated due to improved access to vendor spend data and M&A activity. Consequently, our targets were re-submitted to the Science Based Targets initiative (SBTI) and coverage was re-validated. Renewable electricity percentage is reported based on originally verified electricity consumption values because it is not possible to buy renewable electricity retroactively due to M&A activity; therefore, the 2020 restated verification opinion shows a decrease in percentage renewable electricity. 100% renewable electricity³ Achieving target 2030 Target 28% 2025 Target 24% Carbon emissions offset 100% target Achieving target 2000 2021 2025 Target

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