Potential offtaker

Moody's Corporation

www.moodys.com

Estimated electricity consumption

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Countries of production presence

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Moody's Corporation is a leading provider of financial information services in the United States of America. The company operates in the Financial Info Services sector, providing credit ratings, research, tools, and analysis to businesses and investors worldwide. Moody's Corporation is headquartered in New York City and has a global presence with offices in more than 40 countries.

The company has been actively involved in decarbonisation efforts and has made significant strides in reducing its carbon footprint. Moody's Corporation has set a target to reduce its greenhouse gas emissions by 50% by 2030, and it has already achieved a 30% reduction in emissions since 2017. The company has implemented various initiatives to achieve this goal, including energy-efficient building designs, renewable energy sourcing, and employee engagement programs.

One of the key initiatives that Moody's Corporation has implemented to reduce its carbon footprint is the use of renewable energy. The company has signed a corporate power purchase agreement (PPA) with a wind farm in Texas, which provides renewable energy to power its operations. The PPA ensures that Moody's Corporation receives a fixed price for the renewable energy it consumes, which helps to mitigate the risks associated with volatile energy prices.

In addition to the PPA, Moody's Corporation has also invested in corporate energy projects, such as solar panels on its buildings and energy-efficient lighting systems. These projects have helped the company to reduce its energy consumption and carbon emissions while also saving on energy costs.

Moody's Corporation has also implemented employee engagement programs to encourage its staff to adopt sustainable practices. The company has launched a Green Team, which is a group of employees who are dedicated to promoting sustainability within the company. The Green Team has implemented various initiatives, such as recycling programs, energy-saving campaigns, and sustainable commuting options.

Moody's Corporation's commitment to decarbonisation and sustainability has not gone unnoticed. The company has been recognized for its efforts by various organizations, including the Carbon Disclosure Project, which awarded Moody's Corporation an A rating for its climate change disclosures.

In conclusion, Moody's Corporation is a leading provider of financial information services in the United States of America. The company has made significant strides in decarbonisation efforts, including the use of renewable energy, corporate energy projects, and employee engagement programs. Moody's Corporation's commitment to sustainability has been recognized by various organizations, and the company is well on its way to achieving its target of reducing greenhouse gas emissions by 50% by 2030.

✓ Science Based Targets member
✓ Declared Net Zero commitment