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MAPS outlines Moody's sustainability roadmap, setting goals, targets, and actions across departments to address key issues impacting our business and stakeholders.
In 2022, Moody's undertook its second materiality assessment, identifying sustainability issues that are pertinent to our business and stakeholders. Throughout 2023, our Corporate Sustainability Group worked in tandem with various Moody's departments and business lines to establish goals, targets, and action plans related to each issue. This collaborative effort has led to the launch of Moody's Action Plan for Sustainability (MAPS).
MAPS sets the course and destination for our sustainability initiatives. More than that, it forms a crucial part of our sustainability governance at Moody's. Each goal is assigned to specific functions, ensuring accountability. Progress is reported biannually to the Executive Leadership Team and annually to the Board’s Governance & Nominating Committee. We are committed to transparency and will monitor our performance against each goal, disclosing our progress on an annual basis.
Goal
reduction in Scope 3 GHG emissions from fuel and energy related activities, business travel and employee commuting by 2025, from a 2019 base year.
Goal
reduction in absolute Scope 1 and Scope 2 GHG emissions by 2030, from a 2019 base year.
Goal
reduction in absolute Scope 1, 2 and 3 GHG emissions by 2040, from a 2019 base year.
Goal
of Moody’s employees assigned to green certified spaces, e.g., LEED, BREEAM, and equivalents globally.
Goal
of Moody’s new office fit-outs incorporate biophilic design principles, e.g., landscaping, natural light.
Goal
of Moody’s-funded renovations or office fit-outs will utilize materials that meet at least one sustainable product standard, e.g., Green Seal, Forest Stewardship Council, Energy Star, Cradle to Cradle, or global equivalents, by 2030.
Goal
of Moody’s suppliers by spend covering purchased goods and services and capital goods to have science-based targets by 2025.
Goal
Annually achieve or exceed BitSight “Advanced” rating for security effectiveness.
Goal
sustainable disposition of obsolete IT equipment by 2027.
Goal
of servers, laptops, desktop computers, monitors, and mobile phones meet EPEAT or equivalent sustainability standards by 2027.
Goal
or above in overall employee engagement score by 2030.