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MCO Moodys Corp

372.65
2.32 (0.63%)
Last Updated: 16:53:41
Delayed by 15 minutes
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

Moody's Moves Up Net-Zero Emissions Target Date by 10 Years

20/09/2021 1:15pm

Dow Jones News


Moodys (NYSE:MCO)
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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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