- Potential for stigmatization due to commercial ties with customers from emissions-intensive sectors.
- Increased costs of GHG emissions and procurement of 100% renewable electricity.
- Enhanced emissions reporting obligations.
- Potential mandates on existing products and services.
- Heightened exposure to litigation.
Moody's Corporation
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Moody's Corporation disclosed greenhouse gas emissions of 134.9K mtCO2e/year. By scope: Scope 1: 571 mtCO2e/year; Scope 2: 7.0K mtCO2e/year; Scope 3: 134.0K mtCO2e/year. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
134.9K mtCO2e/year
2023
Renewable Energy
100%
of total energy
Energy Use
23.7K MWh/year
2023
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 571 mtCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 7.0K mtCO2e/year |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 134.0K mtCO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023 | 134.9K mtCO2e/year |
| 2022 | 139.2K mtCO2e |
| 2021 | 122.6K tCO2e/year |
| 2020 | 117.6K tCO2e/year |
| 2019 | 29.5K tCO2e |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced total energy consumption by 18.4% compared to 2022. Achieved 100% renewable electricity for global operations for the fourth consecutive year.
- Significant headway against the Company’s Decarbonization Plan, including science-based targets and commitments to offset remaining emissions.
🎯 Climate & Sustainability Targets
🔜 Short-term
- 15% Reduction in Scope 3 GHG emissions from fuel and energy-related activities, business travel and employee commuting by 2025 from a 2019 base year.
- 60% Of Moody’s suppliers by spend covering purchased goods and services and capital goods to have science-based targets by 2025.
📅 Medium-term
- 50% Reduction in absolute Scope 1 and Scope 2 GHG emissions by 2030 from a 2019 base year.
🔭 Long-term
- Net-zero emissions by 2040 (90% reduction in Scope 1, 2 and 3 emissions).
🌱 ESG Focus Areas
Climate ChangeESG