Moody’s Investors Service, Inc

Moody’s Investors Service, Inc. reported its latest carbon emissions for 2025 as approximately 104.9 million kg CO2e. This includes about 617,000 kg CO2e from Scope 1 emissions, 243,000 kg CO2e from market-based Scope 2 emissions (or 6.3 million kg CO2e location-based), and 98.9 million kg CO2e from Scope 3 emissions.

Looking back, the company's total emissions for 2024 were approximately 124.8 million kg CO2e, with Scope 1 at about 641,000 kg CO2e, market-based Scope 2 at 254,000 kg CO2e (or 6.7 million kg CO2e location-based), and Scope 3 at 119.8 million kg CO2e. In 2023, total emissions were around 140.6 million kg CO2e, comprising approximately 610,000 kg CO2e from Scope 1, 400,000 kg CO2e from market-based Scope 2 (or 6.9 million kg CO2e location-based), and 132.9 million kg CO2e from Scope 3.

Moody's Corporation has set ambitious climate commitments, with near-term Science Based Targets (SBTi) to reduce absolute Scope 1 and 2 emissions by 50% by 2030 from a 2019 base year. Additionally, they aim for a 15% reduction in Scope 3 GHG emissions from fuel and energy-related activities, business travel, and employee commuting by 2025, also from a 2019 base year. Their long-term goal is to achieve net-zero greenhouse gas emissions across the entire value chain by 2040, with a 90% absolute reduction in Scope 1, 2, and 3 emissions by this target year from a 2019 base year. These targets are consistent with keeping global warming to 1.5°C.