Moody’s Details Global CSR Accomplishments
NEW YORK--(Business Wire / Korea Newswire) April 30, 2019 -- 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 the world.
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 at www.moodys.com.
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.
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