Company invites partnership proposals for new Reshape Tomorrow™
financial empowerment initiative
NEW YORK & LONDON--(BUSINESS WIRE)--
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:
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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.
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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.

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Source: Moody’s Corporation Investor Relations