Business Wire

Moody’s Details Its Progress Opening Doors to a Better Future

Del

Moody’s Corporation’s (NYSE:MCO) newly released Corporate Social Responsibility (CSR) Report details the company’s progress in delivering on its goal of empowering people around the world to create a better future for themselves, their communities and the environment.

“Moody’s CSR strategy is focused on finding challenges that we can solve by creating paths to knowledge and opportunity,” said Raymond McDaniel, President and Chief Executive Officer of Moody’s. “I am proud that Moody’s employees have dedicated their time and expertise to addressing these challenges – from supporting small business owners to nurturing the environment -- in ways that have changed the world around us for the better.”

As part of its focus on empowering people with financial knowledge, Moody’s recently announced Reshape TomorrowTM, an initiative to partner with organizations around the world to help small business owners overcome the challenges of growing their enterprise.

“Our CSR strategy builds on Moody’s unique business strengths to make a lasting difference in people’s lives by helping them thrive in the evolving global economy,” said Arlene Isaacs-Lowe, Global Head of CSR at Moody’s. “We look forward to building our Reshape Tomorrow program to empower small business owners – especially women and members of untapped communities – to help them access the expertise and credit they need to grow.”

The report details Moody’s ongoing initiatives to support financial empowerment, as well as in each of its other areas of focus: activating an environmentally sustainable future, helping young people reach their potential, and sharing our passion and purpose with the world.

Activating an environmentally sustainable future

Moody’s Investors Service incorporates environmental, social and governance (ESG) considerations into its credit analysis, with a dedicated team that helps global investors, governments and issuers understand the links between sustainability and credit risk.

In addition, Moody’s Green Bond Assessments (GBAs) provide vital information to investors on the governance of new green bond issuances, including the disclosure of information and how the proceeds are used. As of June 30, 2018, Moody’s had assessed 40 green bonds worth almost $19.5 billion, empowering investors with the information they need to confidently make investments in projects that benefit the environment.

In addition, the Moody’s Foundation supports Trees For Life, which aims to preserve and restore Scotland’s Caledonian Forest. Moody’s established a grove of 3,600 native trees and adds to the grove each time a GBA is published.

Moody’s also maintains a clear focus on its own environmental impact. In 2017, despite a 7% increase in physical footprint, Moody’s Scope 1 and 2 greenhouse gas emissions fell by 9%, the equivalent of keeping 355 cars off the road for a year.

Helping young people reach their potential

Moody’s supports a range of initiatives to help young people reach their potential through mentoring, skills-development programs and internships. Moody’s sponsors a computing and professional skills program with Girls Who Code for high school students in San Francisco and New York, encouraging women to bring their talents to careers in finance, technology and economics.

Sharing our passion and purpose with the world

Moody’s employees play an integral role in driving CSR through volunteer efforts, contributions of pro bono expertise and board service on behalf of nonprofits.

The report details ways in which Moody’s employees demonstrated their commitment to local communities, from helping a South African primary school provide fresh vegetables for its students, to offering data analytics expertise to the Hetrick-Martin Institute, which supports LGBTQ young people in New York and New Jersey.

To learn more about Moody’s Corporate Social Responsibility, visit www.moodys.com/csr.

About Moody’s

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 $4.2 billion in 2017, employs approximately 12,000 people worldwide and maintains a presence in 42 countries. Further information is available at www.moodys.com.

Contact information

Moody’s Corporation
STEPHEN MAIRE, 1 212-553-7424
Global Head of Investor Relations and Communications
stephen.maire@moodys.com
or
LARA JOSEPH, 44 207-772-1026
Assistant Vice President
Corporate Communications
lara.joseph@moodys.com

Om Business Wire

Business Wire
Business Wire
24 Martin Lane
EC4R 0DR London

+44 20 7626 1982http://www.businesswire.co.uk

(c) 2018 Business Wire, Inc., All rights reserved.

Business Wire, a Berkshire Hathaway company, is the global leader in multiplatform press release distribution.

Følg saker fra Business Wire

Registrer deg med din epostadresse under for å få de nyeste sakene fra Business Wire på epost fortløpende. Du kan melde deg av når som helst.

Siste saker fra Business Wire

Luxury Pre-War Elevator Building in Prestigious Brooklyn Heights Offered for Sale19.6.2019 16:12:00 CESTPressemelding

Holliday Fenoglio Fowler, L.P. (HFF) announces it has been selected to exclusively market the sale of 25 Monroe Place, a 12-story, 67-unit, luxury apartment building located in the Brooklyn Heights neighborhood of Brooklyn, New York. This offering provides a rare opportunity to acquire a trophy asset in the most sought-after neighborhood in Brooklyn. The vast majority of the property is comprised of fair-market units not subject to rent stabilization. 25 Monroe Place is situated in the Brooklyn Heights historic district, which provides immediate access to Manhattan, the Brooklyn Waterfront, Brooklyn Bridge Park, Downtown Brooklyn and DUMBO. Brooklyn Heights is characterized by charming brownstones and plush tree-lined streets, and the property is surrounded by medium- and low-density buildings that provide water and Manhattan skyline views. Built in 1938, 25 Monroe Place combines pre-war architectural elements and spacious apartment layouts with newly upgraded condo-quality finishes, i

Shopify Unveils New Innovations to Transform Commerce for Merchants and Consumers Globally19.6.2019 15:30:00 CESTPressemelding

Today, Shopify Inc. (NYSE:SHOP) (TSX:SHOP), the leading multi-channel commerce platform, unveiled the latest in commerce technology at Shopify Unite, the annual conference that brings together the company’s global partner and developer community. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190619005550/en/ Shopify Fulfillment Network (Graphic: Business Wire) “Shopify’s real power comes from the variety and strength of our ecosystem,” said Shopify CEO Tobi Lutke. "Unite gives our developer and partner community access to our product roadmap. Together, and only together, we can shape the future of commerce and empower entrepreneurs around the world.” This year, Shopify is transforming commerce by announcing platform enhancements and updates focused on giving direct-to-consumer brands everything they need to build and manage a business. Shopify’s innovations include a newly updated Shopify Plus platform for enterprise brands

Geri Horner Test Drives RockStar Suites aboard Virgin Voyages’ Scarlet Lady19.6.2019 14:01:00 CESTPressemelding

Virgin Voyages is upping the game for its top suites aboard the highly anticipated Scarlet Lady, with new offerings to ensure that Mega RockStars won’t have to worry about a thing during their voyage. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190619005107/en/ Geri Horner of the Spice Girls testing out Virgin Voyages Mega Rockstar Suites in New Video (Photo: Business Wire) Geri Horner Test Drives RockStar Suites In celebration of the expanded offerings, the brand has today released exclusive video content of the suites, which features Virgin Group founder, Sir Richard Branson, and legendary British pop star, Geri Horner, of the hugely successful girl group, the Spice Girls. The video documents Horner test driving the Virgin Voyages ‘Gorgeous Suite,’ one of the ship’s most glamorous cabins, as a favor to her longtime friend, Branson. Following Horner’s journey through the suite, the footage chronicles her full RockStar ex

Survey of SAP Licensees Reveals Two-Thirds Have No Plans or Are Undecided About Migrating to New S/4HANA Product19.6.2019 13:00:00 CESTPressemelding

Rimini Street, Inc. (Nasdaq: RMNI), a global provider of enterprise software products and services, the leading third-party support provider for Oracle and SAP software products and a Salesforce partner, today revealed the findings from its recent survey of SAP licensees conducted to better understand their plans for S/4HANA and the impact of SAP’s planned 2025 end of mainstream maintenance support for Business Suite 7 core applications on their IT roadmap plans. Of the IT leaders surveyed who are currently running SAP’s Business Suite 7 or older releases, two-thirds state they either have no plans to migrate to S/4HANA (35%) or are undecided about moving to S/4HANA (32%). The top reasons cited include “lack of resources,” “no business justification,” and a preference to “maximize investment in current applications.” The number of respondents who stated they have no plans to migrate or are undecided has risen slightly from a previous survey in 2017 – at that time 65% of IT leaders stat

Moody’s Analytics Wins Six Risk Technology Awards19.6.2019 12:45:00 CESTPressemelding

Moody’s Analytics, a global provider of financial intelligence, has won six categories in the 2019 Risk Technology Awards. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190619005226/en/ Bank ALM System of the Year Credit Data Provider of the Year Wholesale Credit Modelling Software of the Year Enterprise-Wide Stress Testing Product of the Year IFRS 9 – ECL Modelling Solution of the Year IFRS 9 – Enterprise Solution of the Year “This recognition from Risk is highly gratifying,” said Mark Almeida, President of Moody’s Analytics. “Our clients face many different challenges, which Moody’s Analytics can solve with our unique combination of data, models, software, and services. These awards showcase our extensive capabilities and success in solving our clients’ problems.” “We applaud Moody’s Analytics for its strong showing in this year’s Risk Technology Awards,” said Antony Chambers, Publisher of Risk. “Taking the top spot in si

Gilead and Nurix Establish Strategic Collaboration to Develop Novel Therapies for Cancer and Other Diseases19.6.2019 12:30:00 CESTPressemelding

Gilead Sciences, Inc. (Nasdaq: GILD) and Nurix Therapeutics, Inc., a company discovering drugs that harness the body’s natural process to control protein levels, today announced a global strategic collaboration to discover, develop and commercialize a pipeline of innovative targeted protein degradation drugs for patients with cancer and other challenging diseases. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190619005092/en/ Dysregulated and/or mutated proteins play a central role in the development and progression of many human diseases. Nurix’s technology platform is focused on the manipulation of the ubiquitin system and its component E3 ligases, the key enzymes responsible for controlling protein levels in human cells. Under the multi-year collaboration, Nurix will utilize its proprietary drug discovery platform to identify novel agents that utilize E3 ligases to induce degradation of specified drug targets and Gilead