Moody's Corp
Moody's's GHG Emissions Data Preview
In 2024, Moody's completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
Moody's has also provided a category-level breakdown for 7 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | 0000000 | Copy/Paste is a PRO feature.  a | Copy/Paste is a PRO feature.  a | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy/Paste is a PRO feature.  a | 0000000 | Copy/Paste is a PRO feature.  a | 0000000 |
Location-Based | Copy/Paste is a PRO feature.  a | 0000000 | Copy/Paste is a PRO feature.  a | 0000000 |
Total Scope 3 | Copy/Paste is a PRO feature.  a | Copy/Paste is a PRO feature.  a | 0000000 | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 0000000 | Copy/Paste is a PRO feature.  | Copy/Paste is a PRO feature.  a | 0000000 |
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aVerified Sources Behind Moody's’s Greenhouse Gas (GHG) Emissions Data
Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Moody's’s data sources below and access millions more through our Disclosure Search.
Insights into Moody's's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions of Moody's amounted to 7,300 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a
Compared to 2023, the total operational greenhouse gas (GHG) emissions of Moody's decreased by 3.13%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
Moody's's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Moody's's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Moody's were 641 metric tons of CO₂ equivalent (tCO₂e).a
Has Moody's reduced its Scope 1 emissions over time?
Since 2019, Moody's's Scope 1 emissions have decreased by 63.25%, reflecting a declining long-term trend in Scope 1 emissions over time.a
Compared to the previous year (2023), Moody's's Scope 1 emissions increased by 5.08%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
What are Moody's's Scope 2 emissions?
In 2024, Moody's reported Scope 2 greenhouse gas (GHG) emissions of 254 tCO₂e using the market-based method and 6,659 tCO₂e using the location-based method.a
Has Moody's reduced its Scope 2 emissions over time?
Since 2019, Moody's's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 52.55%, reflecting a declining long-term trend in Scope 2 emissions over time.a
Compared to the previous year (2023), Moody's's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Moody's's emissions have plateaued with no significant change in its energy consumption footprint.a
What methodology does Moody's use for Scope 2 reporting?
In 2024, Moody's reported its Scope 2 emissions using the market-based method and using the location-based method.a
Moody's's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Moody's's Value Chain Emissions
In 2024, Moody's reported 123,890 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of Moody's includes a breakdown across 7 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
Moody's's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Moody's's Scope 3 emissions?
In 2024, Moody's reported total Scope 3 emissions of 123,890 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 95.8% of these emissions originated from upstream activities such as purchased goods and capital goods, while 4.2% came from downstream activities like product use, distribution, and end-of-life treatment.a
Has Moody's reduced its Scope 3 emissions over time?
Since 2019, Moody's's Scope 3 emissions have decreased by 33.84%, reflecting a declining long-term trend in Scope 3 emissions over time.a
Compared to the previous year (2023), Moody's's Scope 3 emissions decreased by 11.24%, highlighting the company's efforts to lower indirect emissions from its value chain.a
What categories of Scope 3 emissions does Moody's disclose?
In 2024, Moody's reported emissions for 7 out of the 15 Scope 3 categories defined by the GHG Protocol.a
This partial disclosure allows for some insight into the company's indirect impacts.
What are the main sources of Moody's's Scope 3 emissions?
In 2024, the largest contributors to Moody's's Scope 3 emissions were:a
- Purchased Goods and Services (Cat. 1): 78,100 tCO₂e (63.04%)
- Business Travel (Cat. 6): 30,800 tCO₂e (24.86%)
- Capital Goods (Cat. 2): 6,200 tCO₂e (5%)
Moody's's Scope 3 Emissions by Categories
Insights into Moody's’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Moody's reported Scope 1 greenhouse gas (GHG) emissions of 641 tCO₂e and total revenues of USD 7,091 millions. This translates into an emissions intensity of 0.09 tCO₂e per millions USD.a
Moody's's Scope 1 Emissions Intensity Compared to Peers
How does Moody's's GHG emissions intensity compare to its peers?
In 2024, Moody's reported a Scope 1 emissions intensity of 0.09 tCO₂e per millions USD. Compared to the peer group median of 0.19, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
Where does Moody's rank on GHG emissions intensity within its industry?
In 2024, Moody's ranked 8 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
Moody's is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
Insights into Moody's's Total Carbon Footprint
In 2024, Moody's reported a total carbon footprint of 131,190 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 10.83% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.a
The largest contributor to Moody's's total carbon footprint was Scope 3 emissions, accounting for 94.44% of the company's total carbon footprint, followed by Scope 2 emissions at 5.08%.a