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
36
CREATING AN ETHICAL
SUPPLY CHAIN¹
We expect our vendors, suppliers, contractors and
consultants to share our commitment to the highest ethical
standards and operate in compliance with applicable laws,
rules and regulations, including all anti-bribery and anti-
corruption laws.
All suppliers are asked to adhere to the
standards set forth in our Supplier Code of Conduct,
which was expanded in 2020 to reflect new social
and environmental considerations and describes our
expectations of suppliers in the areas of business integrity,
labor practices, employee health and safety, diversity and
inclusion and environmental stewardship.
Our suppliers and other external stakeholders are
encouraged to raise concerns or suspicions of violation
of the Supplier Code of Conduct by contacting Moody's
directly or via Moody's Integrity Hotline. For more on our
reporting mechanisms, see Ethics and Integrity.
In addition to these policies, our Modern Slavery and
Human Trafficking Statement is updated annually and
describes our approach to preventing human rights
violations in our workforce and supply chain. Our
supplier agreements include language that requires
suppliers to ensure there are no human rights violations
in their supply chains.
As part of our due diligence process, we evaluate and
segment all new suppliers based on criticality and risk,
and we screen all key suppliers² with Compliance Catalyst,
a Moody's Analytics tool powered by the Orbis and Grid
databases on private companies. We assess a broad
spectrum of risks, including U.S. sanctions, modern slavery,
human rights violations and environmental crimes. In
addition, we have put in place a clear escalation pathway to
ensure we can address any major risks in an immediate and
appropriate manner.
Where possible, we quantify ESG risks - such as supplier
diversity, science-based targets, cybersecurity and
compliance with global ethical standards - and aggregate
this data into an overall scorecard to track our priority
vendors. To date, we have assessed 100% of our key
suppliers and have not identified any high-risk suppliers.
For more information on our policies regarding responsible
sourcing, see Additional Resources.
1 Refers to Moody's Corporation and its wholly-owned subsidiaries.
2 Key suppliers are those deemed highest criticality by Moody's in terms of regulatory
impact as well as high priority software suppliers.View entire presentation