In 2023, Moody's conducted an environmental assessment and disclosed corporate waste management data in accordance with recognized sustainability reporting standards.The company provided a breakdown of its waste by treatment method (recovery vs disposal), enabling greater transparency into its waste handling and environmental practices.
| Metric (tonnes) | 2023 | 2022 | 2021 | 2020-2019 |
|---|---|---|---|---|
Total Waste Generated | 377a | 480a | 430a | |
Total Waste Recovered | 167a | 320a | 280a | |
Total Hazardous Waste Generated | N/A | N/A | N/A | |
Non-Hazardous Waste Disposed | N/A | N/A | N/A |
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In 2023, Moody's generated a total of 377metric tonnes of waste.a
Of this amount, 44.3% of Moody's's total waste generated was recovered through methods such as recycling, reuse, or composting, while 55.7% was disposed of through landfilling, incineration, or combustion.a
In 2023, Moody's reported a total waste generation of 377 metric tonnes, of which 44.3% was recovered through recycling, reuse, or composting.This moderate level of recovery indicates that Moody's is taking steps toward improving its waste diversion practices, though there is still room to enhance recycling and recovery efforts.a
Since 2021, Moody's's total waste generation decreased by 12.33%, including a further 21.46% drop in 2023, highlighting a consistent and deliberate reduction in waste production over time.a
Over the same period, Moody's's waste recovery rate declined by 31.97%, with a further 33.55% drop in 2023, underscoring a weakening in waste diversion performance and a potential drift away from circular waste strategies.a
Overall, while Moody's has successfully reduced its total waste generation, its waste recovery efforts have also declined. This pattern could suggest a shift in strategy away from circular treatment methods or a lag in recovery infrastructure development.