Moody’s Environmental Task Force

Feb 20, 2019 8:15 AM ET
Tim Brosnan Senior Vice President, Global Real Estate, Moody’s Corporation

Posted from Moody's 2017 CSR Report

Much of our business relies on the free flow of information. Inside Moody’s, the ability to gather feedback and communicate important policy and procedural changes is just as important. Established in 2017, our Environmental Task Force (ETF) helps create opportunities for employees to become directly involved in advancing sustainability. 

The ETF encourages people from across the company to crowdsource ideas for further reducing our footprint and to communicate our progress on environmental sustainability to colleagues. Activities so far have included sorting plastic bottles for recycling, hosting competitions in our New York headquarters for reducing the use of paper plates, and changing printer settings to black and white in our Paris office. In 2017, Moody’s reduced its overall paper consumption by 14.3% compared with 2016. We are positioned to further drive down paper use this year, thanks to another employee-sourced idea: our new Paperless Rating Committee initiative. By promoting alternatives to the use of printed documents in our ratings work, such as reviewing and sharing all information electronically, we are on track to reduce our paper consumption by up to 29.6% compared with 2017.

The ETF is also an important tool for sharing information and fielding questions from employees on our fast-expanding ESG activities, including newly formed third-party partnerships that will advance our thought leadership.

Read more from Moody's 2017 CSR Report