In 2021, we hosted webinars and engaged nearly 500 of our top suppliers, requesting that they participate in the annual CDP Climate Change disclosure and set their own science-based targets. With our executive leadership team, as well as through a partnership with CDP, we followed up directly with a number of our priority suppliers and reinforced our commitment to climate action and our expectations of key suppliers.

Our suppliers are held to standards sets forth in our Supplier Code of Conduct and Human Rights Statement. In addition, our Modern Slavery and Human Trafficking Statement is updated annually and describes our approach to preventing human rights violations in our workforce and supply chain.

As part of our due diligence process, we evaluate and segment all new suppliers based on criticality and risk, and we screen all key suppliers² with Compliance Catalyst, a Moody's Analytics tool powered by the Orbis and Grid databases on private companies. We assess a broad spectrum of risks, including U.S. sanctions, modern slavery, human rights violations and environmental crimes. To date, we have assessed 100% of our key² suppliers and have not identified any high-risk suppliers.

¹ Refers to Moody's Corporation and its wholly-owned subsidiaries.
² Key suppliers are those deemed highest criticality by Moody's in terms of regulatory impact as well as high priority software suppliers.