Moody's Corp

Common Name
Moody's
Country
United States
Sector
Financial Services
Industry
Financial Data & Stock Exchanges
Employees
15,795
Ticker
MCO
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Moody's Corporation is a leading financial services company specializing in credit ratings, risk analysis, and research. Its primary function is to evaluate the creditworthiness of various entities, p...

Moody's's Climate Target Data Preview

As of 2023, Moody's has disclosed 3 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 3 absolute reduction targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Moody's ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 3 - Fuel- and Energy-Related Services (Cat. 3), Scope 3 - Business Travel (Cat. 6), Scope 3 - Employee Commuting (Cat. 7)
Metric Tonnes of CO2 equivalent (mtCO2e)
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2025
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Absolute-based Target
Scope 1 - Total, Scope 2 - Total, Scope 3 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2040

This table provides a simplified preview of selected climate targets data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Moody's's Greenhouse Gas Emissions Pathways

As of 2023, Moody's has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint.

Does Moody's have a target to reduce the emissions from its operations?

As of 2023, Moody's has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.

Moody's's most ambitious operational target is to reduce these emissions by 50% by 2030, compared to a baseline of 15,335 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019.

Moody's has already surpassed its operational emissions reduction target, with 2023 levels falling below the 2030 value, achieving its climate goal ahead of schedule.

Moody's's Operational (Scope 1+2) Emissions Pathway

20192023203004 k8 k12 k16 kBaselineCurrent (-94%)Target 2030 (-50%)

Does Moody's have a target to reduce the emissions from its value chain?

As of 2023, Moody's has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 3 out of the 15 Scope 3 categories defined by the GHG Protocol.

Moody's's most ambitious value chain target is to reduce these emissions by 15% by 2025, compared to a baseline of 36,600 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019.

Moody's has already surpassed its value chain emissions reduction target, with 2023 levels falling below the 2025 value, achieving its climate goal ahead of schedule.

Moody's's Value Chain (Scope 3) Emissions Pathway

20192023202509.5 k19 k28.5 k38 kBaselineCurrent (-36%)Target 2025 (-15%)

Does Moody's have a target to reduce its total carbon footprint?

As of 2023, Moody's has set a target to reduce its total carbon footprint, specifically those from Scope 1, Scope 2 and Scope 3 sources.

Moody's's most ambitious carbon footprint target is to reduce its scope 1, 2 and 3 emissions from a baseline of 186,595 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019, by 90% by 2040.

As of 2023, Moody's is ahead of schedule on its total carbon footprint reduction target, having achieved 30.76% of the planned reduction.

Moody's's Carbon Footprint (Scope 1+2+3) Emissions Pathway

201920232040050 k100 k150 k200 kBaselineCurrent (-28%)Target 2040 (-90%)
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