Sustainability is no longer a fringe issue for large corporations, and on September 19, 2019, the Museum of American Finance hosted a fireside chat and panel discussion on the future of corporate decision making as it relates to environmental, social and governance concerns. Moody’s President & CEO Ray McDaniel delivered the opening remarks and outlined Moody’s unique platform within the sustainability space as a standard setter for credit ratings, research and risk analysis.
“Our ambition to help inform environmentally and socially responsible decisions is reflected in the ongoing development of our non-rating MIS Assessments business,” said McDaniel. “In May, we announced our intention to create a carbon transition assessment framework for rated, publicly traded non-financial corporates, and in July we published a scoring framework to assess corporate governance characteristics of publicly traded non-financial corporates.”