Reinsurance News

MSCI and Moody’s partner to enhance ESG and sustainability solutions

2nd July 2024 - Author: Beth Musselwhite -

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Research provider MSCI and global ratings agency, Moody’s Corporation, have entered a strategic partnership aimed at enhancing transparency in ESG and sustainability and improving decision-making capabilities by leveraging each other’s strengths.

Moody'sUnder the agreement, MSCI will provide its ESG ratings and content, which evaluate how companies manage financially significant ESG risks and opportunities. Moody’s plans to gradually integrate MSCI’s sustainability content into its existing ESG data and scores, thereby offering a range of tailored solutions to customers in the banking, insurance, and corporate sectors.

MSCI will also access Moody’s Orbis database, a comprehensive source of firmographic information covering over 500 million entities, to expand its ESG coverage for private companies.

Additionally, the partnership will explore collaborative solutions using Moody’s private company data and credit scoring models to deepen insights into the private credit market.

Rob Fauber, President and CEO of Moody’s, expressed enthusiasm for the partnership, saying, “Moody’s is excited to partner with MSCI, a leader in solutions for the global investment community and a pioneer in ESG and sustainability.”

He added, “This is a real win-win, as Moody’s customers gain access to MSCI’s renowned ESG content and MSCI customers will gain access to Moody’s world-class risk assessment expertise, data and insights.”

Henry A. Fernandez, Chairman and CEO of MSCI, stated, “We are exceptionally pleased to partner with Moody’s to offer MSCI’s ESG and sustainability data to Moody’s broad base of global customers.”

“Sustainability remains one of the most important trends reshaping the global investment landscape, and the shift to private assets is another. This agreement will help MSCI expand our private company ESG coverage and deliver enhanced solutions across client segments and asset classes,” he concluded.