2021 Stakeholder Sustainability Report slide image

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 29 PARTNERING FOR CLIMATE IMPACT CDP ALIST 2021 CLIMATE CDP: In 2021 we received an 'A' score from CDP on climate action for the second consecutive year and were featured in CDP's 2021 Stories of Change. The top score recognizes us 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. GFANZ Glasgow Financial Alliance for Net Zero Glasgow Financial Alliance for Net Zero (GFANZ): As part of GFANZ, we are a founding member of the Net Zero Financial Services Provider Alliance - a global group of 23 financial service providers committed to supporting the goal of global net-zero greenhouse emissions by 2050 or sooner. We are committed to aligning our relevant products and services to this goal, in addition to reducing our own operational emissions. SCIENCE BASED TARGETS Science Based Targets initiative (SBTI): In 2021, we participated in the road test for SBTi's Net-Zero Standard, the objective of which is to provide a standardized and robust approach for corporates to set net-zero target that are aligned with climate science. Our near-term targets and long-term net-zero target have been validated by the SBTI. TCFD TASK FORCE CLIMATE-RELATED FINANCIAL DISCLOSURES Task Force on Climate-related Financial Disclosures (TCFD): We were one of the first financial firms to endorse and report based on recommendations from the TCFD, and our Chief Credit Officer has supported the development of these decision-useful recommendations for investors as a TCFD Task Force Member since 2016. TN FD Taskforce on Nature-related Financial Disclosures Taskforce on Nature-related Financial Disclosures (TNFD): We joined the TNFD, a new industry-led initiative working to significantly shift global financial flows from nature-negative to nature-positive outcomes. As a TNFD member, we will join leading organizations across key sectors and geographies to develop a reporting framework and act on evolving nature-related risks. WE SUPPORT GLOBAL COMPACT United Nations Global Compact (UNGC): We are a member of the UNGC's CFO Taskforce for the Sustainable Development Goals, which aims to advance the SDGS through corporate strategy and investments. In 2021, we joined the UNGC's Action Platform on Climate Ambition and will become sponsors of UNGC Climate in 2022. As an active UNGC participant and a signatory to UNGC's Business Ambition for 1.5°C, we affirm our support annually for Principle 7: "Businesses should support a precautionary approach to environmental challenges."
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