Moody’s Joins Nature-Related Financial Disclosures (TNFD) Working Group, Help Develop Reporting Framework



LONDON–(COMMERCIAL THREAD) – Moody’s Corporation (NYSE: MCO) announced today that it has joined the Nature-Related Financial Disclosures (TNFD) Task Force, a new industry-led initiative that strives to make Significantly shift global financial flows from negative natural outcomes to positive outcomes for nature. As a member of TNFD, Moody’s will join leading organizations in key industries and geographies to develop a reporting framework and act on evolving nature risks.

“Fundamentally, Moody’s role is to help others better understand, measure and manage risk. As our own research has identified, biodiversity and nature-related risks have an impact on business performance and are increasingly important considerations in building a more sustainable future, ”said Rob Fauber, President and CEO of Moody’s Corporation. “We are excited to contribute to TNFD’s efforts as organizations increasingly seek to make better decisions and open up opportunities along their value chains. ”

Research across Moody’s has found that biodiversity and nature-related risks pose a significant threat to a wide range of industries and sectors. A report by Moody’s Investors Service found that 12 sectors with combined debt of $ 2.1 trillion, including all extractive industries, face high or very high natural capital risk. Additionally, a Moody’s ESG Solutions study found that 38% of large publicly traded companies have at least one facility associated with habitat loss, based on a sample of 5,300 companies.

Currently, financial institutions and businesses do not have complete information to help them understand how nature-related risks affect long- and short-term financial performance. The TNFD will help financial institutions and businesses integrate nature-related risks and opportunities into their strategic planning, risk management and asset allocation decisions. In the coming years, Moody’s will work with TNFD members to develop a practical framework for nature-related risks and a set of reporting guidelines.

The announcement builds on Moody’s participation in the Climate-Related Financial Disclosures Working Group (TCFD), which has established and standardized a framework for reporting climate change financial risks. It also follows Moody’s role as a founding member of the Net Zero Financial Services Provider Alliance, which is part of the Glasgow Financial Alliance for Net Zero. Moody’s also pledged to achieve net zero emissions across its operations and value chain by 2040, advancing its original 10-year target. In addition, Moody’s has set and progressed on validated interim scientific targets of net zero. Progress against these goals can be seen in the recent TCFD report and Moody’s Stakeholder Sustainability Report. Additional information on Moody’s climate efforts is available on its Climate Hub.


Moody’s (NYSE: MCO) is a global integrated risk assessment company that empowers organizations to make better decisions. Its data, analytical solutions and knowledge help decision makers identify the opportunities and manage the risks of doing business with others. We believe that greater transparency, more informed decisions and fair access to information open the door to shared progress. With more than 11,500 employees in more than 40 countries, Moody’s combines an international presence with local expertise and over a century of experience in the financial markets. Learn more at


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These factors, risks and uncertainties as well as other risks and uncertainties that could cause Moody’s actual results to differ materially from those envisaged, expressed, projected, anticipated or implied in the forward-looking statements are currently, or could be, in the future. future, magnified by the COVID-19 outbreak, and are described in more detail under “Risk Factors” in Part I, Item 1A of the Company’s Annual Report on Form 10-K for the fiscal year ended. December 31, 2020 and in other documents filed by the Company from time to time with the SEC or in documents incorporated therein or incorporated therein. Shareholders and investors are warned that the occurrence of any of these factors, risks and uncertainties may cause the actual results of the Company to differ materially from those envisaged, expressed, projected, anticipated or implied in the forward-looking statements, which could have a material and unfavorable impact on the business, results of operations and financial condition of the Company. New factors may emerge from time to time, and it is not possible for the Company to predict new factors, nor can the Company assess the potential effect of any new factor on it.



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