Moody’s Seeks to Open Doors to a Better Future
Moody’s Corporation (NYSE:MCO) today launched a global approach to corporate social responsibility (CSR) focused on empowering people around the world with the information, resources and confidence they need to create a better future — for themselves, their communities and the environment. At the core of Moody's global CSR focus is Reshape Tomorrow, a financial empowerment initiative to help people succeed in growing a small business.
“By connecting people around the world to knowledge, opportunity and tools to pursue their goals, we can help open doors to a better future,” said Raymond McDaniel, President and Chief Executive Officer of Moody’s. “Our CSR strategy builds on Moody’s unique business strengths to make a lasting difference in people’s lives by helping them overcome barriers that limit success in the evolving global economy.”
Through Reshape Tomorrow, Moody’s will partner with organizations around the world to give small-business owners access to vital information about the credit process and help them connect to sources of financing.
“Small businesses are a significant force in economic growth, yet many entrepreneurs struggle to access credit or loans because they aren’t familiar with how the financial realm operates,” said Arlene Isaacs-Lowe, Global Head of CSR at Moody’s. “Our vision for Reshape Tomorrow is to help people all over the world — especially women and untapped groups — gain the tools and financial knowledge they need to build a more prosperous future for themselves and their communities.”
Moody’s is seeking proposals from nonprofits to help provide Reshape Tomorrow programs and resources in business development, financial empowerment and other areas. Organizations can submit a proposal by May 31, 2018 to be considered for philanthropic grants and non-financial support, including Moody’s employee volunteers and other capacity-building assistance. To learn more, or to submit a proposal, visit https://csr.moodys.io.
In addition to empowering people with financial knowledge through the Reshape Tomorrow initiative, Moody’s global CSR approach has two other focal points:
Activating an environmentally sustainable future. Moody’s
strives to make a positive difference by helping markets better assess
the value of environmental sustainability. For example, Moody’s
Investors Service (MIS) is taking a more systematic approach to
incorporating environmental, social and governance (ESG)
considerations into its credit analysis to create more transparent and
measurable links between sustainability and creditworthiness. Through
its Green Bond Assessments, MIS provides information about the
relative effectiveness of bond issuers’ administration, management and
reporting for environmentally beneficial projects, ranging from
energy-efficient building construction to municipal wastewater
reduction systems. Also, MIS regularly presents its views on ESG
credit considerations to environmental policymakers, standards bodies
and regulatory officials.
In addition, Moody’s and its employees continually take steps to reduce the company’s adverse impact on the planet. Moody’s has adopted a company-wide Environmental & Sustainability Policy that sets the goal of reducing the environmental impact of its operations by using natural resources more efficiently. More than half of Moody’s global office space is in LEED-certified green buildings. Moody’s has also established procurement policies and a Vendor Code of Conduct reflecting its environmental values, and created an employee-led Environmental Task Force.
As a participant in the Financial Stability Board’s (FSB) Task Force on Climate-related Financial Disclosures (TCFD), Moody’s helped develop recommendations for companies to voluntarily disclose climate-related financial risks and opportunities to encourage standardized reporting and transparency. Moody’s CEO and CFO signed statements of support for the TCFD recommendations, which Moody’s has implemented.
- Helping young people reach their potential. Moody’s works with schools and nonprofits around the world to help prepare young people for successful careers in finance, technology and economics. The company helps create and expand mentorship initiatives, skills-development programs, internships, and other educational opportunities for students.
Moody’s CSR approach reflects the company’s deep commitment to integrity, diversity and inclusion, and strengthening local communities. Moody’s employees play an integral role in driving the company’s CSR progress through contributions including volunteer and giving programs and pro bono expertise. The Moody’s Foundation also provides grant support for many of our partnerships and initiatives. Details can be found at https://csr.moodys.io.
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 $4.2 billion in 2017, employs approximately 11,900 people worldwide and maintains a presence in 41 countries. Further information is available at www.moodys.com.
STEPHEN MAIRE, +1 212-553-7424
Global Head of Investor Relations and Communications
MICHAEL ADLER, +1 212-553-4667
Senior Vice President
Om Business Wire
(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
Introducing The Continental Edge: The Easternmost Direct Interconnectivity Point Between Europe and the United States23.10.2018 07:00 | Pressemelding
Introducing the Continental Edge, the easternmost direct interconnection point between Europe and the United States. Four companies, focused on four key areas of services, have partnered to offer the first holistic solution that delivers best-of-breed colocation, connectivity, internet, and subsea cable solutions. The partnership is an amalgamation of companies brought to market collectivity by 1025Connect (for colocation); Aqua Comms (transatlantic subsea connectivity); DE-CIX (the leading Internet Peering Exchange), and Epsilon (a global network service provider providing on-demand SDN connectivity solutions). This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20181023005054/en/ The Continental Edge Map (Graphic: Business Wire) 1025Connect’s data center and colocation facilities serves as the central point where Aqua Comms' AEC-1 cable lands and Epsilon and DE-CIX platforms are available. Any customer connected to Epsilon’s lead
DataCo and SES Networks to Provide Broadband Network for APEC 201823.10.2018 06:50 | Pressemelding
Ahead of the 26th Asia-Pacific Economic Cooperation (APEC) forum taking place in Papua New Guinea, the PNG Government through its implementing agency, DataCo with the assistance of the Australian Government have chosen SES Networks to provide a managed data service delivering 6Gbps of high-bandwidth, low-latency connectivity to ensure the venues and all delegates have reliable, high-speed internet access during the conference from October to December 2018. SES announced that the service will utilise capacity from its O3b Medium Earth Orbit (MEO) satellite fleet to supplement existing capacity into Papua New Guinea (PNG) and will utilise existing DataCo infrastructure. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20181022006021/en/ DataCo and SES Networks to Provide Broadband Network for APEC 2018 (Photo: Business Wire) To provide additional connectivity to the nation, SES Networks has created a new core network for DataCo, f
MC2 Therapeutics Announces Topline Results Showing a Favorable Safety Profile and Reduction in Corneal Staining for MC2-03 in Dry Eye Patients with Moderate to Severe Keratitis23.10.2018 06:30 | Pressemelding
MC2 Therapeutics A/S, a clinical-stage dermatology and eye care company, today announced topline results from the MC2-03-C1 Northern Lights Phase 2 trial evaluating the safety and efficacy of MC2-03 (PADciclo™) in moderate-to-severe dry eye (DED) patients. MC2-03 is an eye drop containing ciclosporin (CsA) formulated using MC2 Therapeutics’ proprietary PAD™ Technology to enable improved penetration into ocular tissues without the use of excipients that can cause ocular safety concerns. Topline results will be presented at the Ophthalmology Innovation Summit (OIS) in Chicago on October 25th, 2018. In this randomized, double-masked, parallel arms, controlled six-month trial enrolling 263 adult patients, two active treatment arms (MC2-03 0.06% CsA and MC2-03 0.03% CsA) were compared to two control arms (MC2-03 vehicle and lubricant) as an add-on therapy to a standard-of-care lubricant. The trial was powered to evaluate safety and efficacy of the individual treatment arms, and to potential
Secure Networks are Key to IoT Revolution, Says NTT Communications23.10.2018 06:00 | Pressemelding
While the Internet of Things (IoT) has the potential to drive the next wave of online innovation, it needs to be grounded on secure networks that prevent cyber criminals from hacking into the myriad of IoT-enabled devices that they are increasingly connecting. This is just one of the top line industry assessments provided today by NTT Communications Corp. (NTT Com), a company that owns and operates one of the world’s largest IP backbones and is the data and global IP service arm of Fortune 500 telecom leader NTT. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20181022005985/en/ Michael Wheeler, executive vice president of NTT Communications Global IP Network at NTT America (Photo: Business Wire) IoT Has Massive Potential to Innovate, But First Needs to Be Secure “The Internet of Things revolution has tremendous potential to enhance and improve daily life by enabling our devices to connect and communicate with our other devices
NTT Communications Rated First for Growth in Customer Loyalty23.10.2018 06:00 | Pressemelding
NTT Communications Corporation (NTT Com), the information and communications technology (ICT) solutions business within the NTT Group (TOKYO: 9432) announced today that it earned the ‘valued partner’ accolade in 5 out of 12 categories according to the second edition of Digital Zenith Benchmark, a report recently published by Ocean82 that measures customer-centric evolution. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20181022005018/en/ Ocean82 Crystal Ball DIZEME (Graphic: Business Wire) A total of 866 people, who work for large and multi-national enterprises, were interviewed about their experiences with global service providers, generating about 1,000 evaluations and 6,000 points of data, over the last 12 months. The data was analyzed using an algorithm to calculate a cooperation coefficient, which is denoted by DZ and named DIZEME. The report can be viewed here. The ‘valued partner’ benchmark represents the point at whic
Nine-Month Figures for 2018: Sartorius Continues to Grow by Double Digits23.10.2018 05:00 | Pressemelding
Sartorius, a leading international partner of biopharmaceutical research and the industry, continued on the growth track, with double-digit gains in sales revenue and earnings. “In the first nine months of 2018, Sartorius achieved excellent organic growth,” said Dr. Joachim Kreuzburg, Chief Executive Officer. “This applies particularly to the Bioprocess Solutions Division, which grew dynamically across all product categories and geographies. For the Lab Products & Services Division, growth in the third quarter was below our expectations due to softer demand in Europe. At the Group level, however, this effect will be largely compensated for by the strong development of our bioprocess business so that we confirm our ambitious full-year forecast.” Business development of the Sartorius Group In the first nine months of 2018, Sartorius increased its sales revenue by 13.4% in constant currencies to 1,153.7 million euros (reported: +10.9%). The majority of growth was achieved organically, whi