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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Moodys Corp | NYSE:MCO | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
2.32 | 0.63% | 372.65 | 373.06 | 369.56 | 369.86 | 227,614 | 16:53:41 |
By Kimberly Chin
Moody's Corp. said it would accelerate the time it will give itself to reach its net-zero emissions targets by 10 years.
The company now plans to reach net-zero emissions across its operations and supply chain by 2040.
"Given the urgency of the need to adapt, we are accelerating Moody's net-zero target, and continue to embed climate risk and sustainability into everything we do," president and CEO Rob Fauber said.
The company's goals include reducing its Scope 1 and Scope 2 emissions within its operations by 50% by 2030, cutting its Scope 3 emissions by 15% from such endeavors as business travel and commuting by 2025 and requiring that 60% of its suppliers have science-based targets by 2025.
Write to Kimberly Chin at kimberly.chin@wsj.com
(END) Dow Jones Newswires
September 20, 2021 08:00 ET (12:00 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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