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Trusted sustainability reviews. Future-focused insights.
Monitoring the effects of the Coronavirus
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Contacts
Sustainable Finance
Juliette Macresy, CFA
Executive Director – Head of Issuer Business
O: +852 3905 4601
M: +852 6337 9874
Second Party Opinions
Benjamin Cliquet
Head of SPO Business Development
O: +33 155 823 256
M: +33 679 375 735
Sustainability Ratings
Nicolas Moriceau-Gomez
Head of Sustainability Rating Services
O: +33 155 823 270
M: +33 668 186 954
Or just email us at
Sustainable Finance
Sustainable finance is on the rise: Moody’s Investors Service forecasts $650 billion of new issuance across the sustainable bond market in 2021 alone. In turn, market participants are increasingly demanding accurate assessments detailing the sustainability credentials of an organization’s bond and loan issuance or their broader activities.

Our market-innovating Second Party Opinions (SPOs) of green, social and sustainability-linked bonds and loans bring clarity to proceeds’ sustainability impact and their alignment to strategic frameworks and market standards.

An issuer-requested Sustainability Rating provides a holistic view of an organization’s exposure to ESG-related risks and opportunities from both a financial and stakeholder impact perspective. Use our assessment solutions to maximize sustainability performance and stakeholder value, meet disclosure requirements and broaden access to capital.
With Moody's ESG Solutions, you can:

Communicate your planned sustainability projects with impact

Effectively incorporate sustainability performance into your financial strategy

Enhance your financing opportunities

Our Comprehensive Offering
Second Party Opinions for SUSTAINABLE bonds and loans
Second Party Opinions for sustainability-linked bonds and loans
sustainability Ratings and green certifications
Second Party Opinions for Sustainable Bonds and Loans
Second Party Opinions (SPOs) assess how proceeds of bonds and loans contribute and align to sustainability principles. Our trusted and impactful reports allow you to clearly demonstrate a transaction’s sustainability value among investors, regulators and peers.

To date, we have provided over 330 SPOs to sustainable finance transactions by sovereigns, companies and financial institutions in 30 countries.
Second Party Opinions for Sustainability-Linked Bonds and Loans
For borrowers, sustainability-linked financing can be a more accessible route into the sustainable finance market.

Whether you choose to link your financing terms to specific key performance indicators or an ESG score, our expert team has the global and local perspectives your organization needs to best align to market standards.
Sustainability Ratings and Green Certifications
Our Sustainability Ratings move beyond the conventional ESG assessment and provide a detailed view on impact and value creation. We provide customized, engagement-led assessments around how ESG factors impact your organization – both in terms of resultant risks and opportunities.

By combining risk, impact and forward-looking analysis, our Sustainability Rating will help you tell your ESG story to investors.
Pioneering Missions and Market Firsts
Red Eléctrica de España (REE) First sustainability-linked loan in Spain
DECEMBER 2017
JULY 2018
Zorlu Enerji First sustainability-linked loan in Turkey
Mapfre First sustainability-linked loan in insurance sector
SEPTEMBER 2018
NOVEMBER 2018
Ferreycorp First sustainability-linked loan in Latin America
Gestamp First sustainability-linked loan in the automobile sector
MARCH 2019
FEBRUARY 2020
JetBlue Airways First sustainability-linked loan issued in the airline sector
Davivienda First gender-focused Social Bond in Colombia
AUGUST 2020
SEPTEMBER 2020
Republic of Mexico First country to issue a sovereign SDG bond
Egypt First country in the MENA region to issue a green sukuk
Etihad Airways First sustainability-linked sukuk
OCTOBER 2020
NOVEMBER 2020
Schneider Electric First sustainability-linked convertible bond
NRG Energy Inc. First sustainability-linked bond in North America
DECEMBER 2020
Research highlights
The EU proposals for more women on corporate boards would improve governance and be credit positive, but bring short-term risks if turnover in personnel causes disruption
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Moody's wins Climate Change Business Journal Business Achievement Award
Moody's won a CCBJ Business Achievement Award in the "Mergers & Acquisitions" category for the acquisitions of majority stakes in Four Twenty Seven and Vigeo Eiris. The Awards recognize outstanding business performance and achievements in the climate change industry in 2019.
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Be the first to hear about open ESG & Climate Risk roles at Moody’s
Join our talent community

Second Party Opinions

Sustainability and finance go hand in hand.
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Track Record ››
Moody’s ESG Solutions brings together a 30-year track record in ESG Assessments. Learn more about our sector reach.
Sustainable Bonds and Loans ››
How can your organization benefit from an independent assessment of a transaction’s sustainability credentials? Read our one-page guide to SPOs.
Contact US
Moody’s: Understanding our ESG solutions
Andrea Blackman
MD, Global Head of ESG and Climate Risk Businesses
andrea.blackman@moodys.com
Media:
Gwenaelle Safa
MD, Strategy & Marketing
gwenaelle.safa@moodys.com
Julian Knapp
VP, Global ESG Communications
julian.knapp@moodys.com
Moody’s Investors Service:
Understanding ESG in credit ratings
Brian Cahill
MD, Global Head of MIS ESG
brian.cahill@moodys.com
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