Moody's
Sustainability Goals
Current Sustainability Goals
Ongoing
- Continue to procure 100% renewable electricity for its operations (first achieved in 2020).
- Continue to offset residual carbon emissions from operations, employee commuting and business travel (first completed in 2000).
- Excerpt taken from 2022 Stakeholder Sustainability report: "Our carbon offset projects are selected based on the geographies where we operate and alignment with the Sustainable Development Goals (SDGs) and cobenefits; projects are also listed on reputable registries that guarantee third-party verifications. In 2022, our global project engagements included solar, forestation and borehole-related initiatives."
2025
- Reduce Scope 3 GHG emissions from fuel and energy-related activities, business travel and employee commuting by 15%.
- Have 60% of its suppliers, by spend covering purchased goods and services and capital goods, have science-based targets.
- Maintain office paper usage below 50% of 2019 levels through initiatives such as reduction of individual printers and digitization of daily business activities.
- Implement centralized waste collection and recycling in offices with more than 50 full-time employees.
- Phase out single-use plastics and other single-use items from our global operations, where possible.
- Phase out coffee machines with capsules or sachets and/or implement recycling of this packaging, where possible.
2030
- Reduce absolute Scope 1 and 2 GHG emissions by 50%.
2040
- Achieve net-zero emissions, including a reduction of 90% emissions in scope 1, 2 and 3 (SBTi verified).
Latest Sustainability Reporting
2022 Stakeholder Sustainability Report (February 2023)
Highlights
- 49% of suppliers by spend have committed to science based targets, exceeding our internal annual target of 33%.
- Among the top 8% of companies assessed by CDP for supplier engagement on climate
- Launched a companywide policy implementation plan to align initiatives from global offices to the commitments outlined in our Environmental Sustainability Policy. This plan aims to improve and standardize our waste management and material efficiency practices, and to continue to reduce our GHG emissions through energy efficiency initiatives. These efforts were accompanied by education and awareness campaigns to encourage our employees to implement good sustainability practices in the workplace and beyond.
- Our small business and diverse Tier I spend increased by 44% over the previous year. We also work with our suppliers to encourage diverse spend within their own supply chains. We formally launched our Tier II Supplier Diversity Program, which aims to identify, track and manage the diverse spend for our highest spend and strategic suppliers.
- Part of the Glasgow Financial Alliance for Net Zero (GFANZ) and a founding member of the Net Zero Financial Services Provider Alliance, a global group of 27 financial service providers committed to supporting the goal of global net-zero greenhouse emissions by 2050 or sooner.
- Member of the Taskforce on Nature-related Financial Disclosures (TNFD).
- Joined the United Nations Global Compact’s Early Adopters Program and were one of the first companies to disclose using the enhanced Communication on Progress questionnaire.
- Received an ‘A’ score from CDP on climate action for the third consecutive year.
Recent News
2023
Joined the CEF member network in December 2023!