Contacts
Brian Cahill
Managing Director – ESG
James Leaton
Senior Vice President – ESG
Swami Venkataraman
Senior Vice President – ESG
Interested in learning more about getting rated?
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Four components to MIS integration of ESG
New ESG scores assist in transparently and systematically demonstrate the impact of ESG on credit ratings.
Credit Ratings & Research
How is ESG integrated into credit analysis?
Moody’s credit analysis seeks to incorporate all issues that can materially impact credit quality, including ESG and climate risk; and aims to take the most forward-looking perspective that visibility into these risks and mitigants permits.

Our ESG General Principles Methodology published in January 2019 formalized our approach for incorporating ESG considerations in our ratings. The methodology was updated to explain further our integration of ESG in credit analysis, in particular through our ESG scores.
VIEW METHODOLOGY
ESG factors are taken into consideration for all credit ratings. In our credit rating press releases, we include explanations about whether and how E, S or G is material to a rating action and/or to the rating level. Our issuer, sector and thematic research provides thought-leading insights about the credit impact of ESG.
VIEW ESG CREDIT
ESG Classification
What is ESG?
Our classification reports describe how we define and categorize E, S and G considerations that are material to credit quality. New environmental classification sharpens focus on physical climate risks.
14
DECEMBER
2020
VIEW REPORT
20
FEBRUARY
2019
VIEW REPORT
19
september
2019
VIEW REPORT
ESG Scores
What is the credit impact of ESG for an issuer?
How is the issuer exposed to ESG risks / benefits?
Our scores provide greater transparency about how we incorporate ESG considerations into credit ratings.
  • Credit Impact Score (CIS) is an output of the rating process that indicates the extent, if any, to which ESG factors impact the rating of an issuer or transaction.
  • Issuer Profile Scores (IPS) are issuer-specific scores that assess an entity’s exposure to the categories of risks in the ESG classification from a credit perspective. IPSs, where available, are inputs to credit ratings
  • We also provide Carbon Transition Assessment (CTA) which provides a consistent and verifiable means to analyze carbon transition risk for rated non-financial companies.
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Heat Maps
How does ESG materiality vary across sectors?
Heat maps provide relative ranking of various sectors along the E and S classification of risks.
27
MAY
2021
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27
may
2021
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