NEW YORK–(BUSINESS WIRE)–Moody’s Corporation (NYSE:MCO) today published its annual Corporate
Social Responsibility (CSR) report. The report highlights initiatives
underscoring Moody’s commitment to empower people with the knowledge,
resources and confidence they need to create a better future for
themselves, their communities and the environment.
“We believe access to opportunity helps propel people toward greater
success and communities toward greater prosperity,” said Raymond
McDaniel, President and CEO of Moody’s. “Over the past year, our global
CSR programs have helped empower people with the knowledge, resources
and confidence they need to work toward a brighter future.”
“Moody’s touches communities and markets across the globe. Our extensive
reach creates the opportunity — and responsibility — to play an
important role in helping both people and enterprises in developing
economies to grow and thrive,” added Arlene Isaacs-Lowe, Global Head of
CSR at Moody’s.
Moody’s CSR strategy focuses on three core areas: empowering people with
financial knowledge, activating an environmentally sustainable future
and helping young people reach their potential. Each of these areas are
supported by Moody’s employees sharing their passion and purpose with
Empowering people with financial knowledge
As part of Reshape Tomorrow, its financial empowerment initiative to
help people succeed in growing a small business, Moody’s works with
small business owners to both help them better navigate the credit
process and connect with lending institutions. For example, Moody’s
partnered with WEConnect International, a global organization that
supports women-owned businesses and champions gender-inclusive sourcing.
Activating an environmentally sustainable future
Moody’s expertise in credit ratings, research and risk analysis helps
facilitate investment in sustainable development. In 2018, Moody’s
completed 21 new Green Bond Assessments, covering $7 billion of debt, to
assist investors in their evaluation of green bond offerings used to
finance environmental projects.
Helping young people reach their potential
Through its partnership with non-profits around the world Moody’s helps
to prepare young people aged 15-24 for successful careers in finance,
technology and economics. In 2018 we created the Queer Coders program
with the Hetrick-Martin Institute, which supports LGBTQI youth in New
York, with a particular focus on people of color. The program helps
young LGBTQI people to develop their technical skills and explore their
passion for coding.
The report also details steps Moody’s takes to enable employees to work
with non-profits and use their professional skills to support local
communities and businesses.
The full CSR report is available at moodys.com/csr.
About Moody’s Corporation
Moody’s is an essential component of the global capital markets,
providing credit ratings, research, tools and analysis that contribute
to transparent and integrated financial markets. Moody’s Corporation
(NYSE:MCO) is the parent company of Moody’s Investors Service, which
provides credit ratings and research covering debt instruments and
securities, and Moody’s Analytics, which offers leading-edge software,
advisory services and research for credit and economic analysis and
financial risk management. The corporation, which reported revenue of
$4.4 billion in 2018, employs approximately 13,200 people worldwide and
maintains a presence in 42 countries. Further information is available
About Moody’s CSR
Moody’s believes in a world where more people have access to
opportunity, and where everyone has what they need to grow and thrive.
We are committed to opening the door to a better future through our
global corporate social responsibility programs empowering people around
the world with the knowledge, resources and confidence they need to
succeed. For more information visit moodys.com/csr.