Moody's Corp

Moody's complies with all applicable lobbying disclosure laws. In the U.S., the Company files lobbying disclosure reports with the U.S. federal government and contracts with external lobbyists, who make public disclosures, as required. In the fourth quarter of 2021, the Company registered as a lobbying entity for the first time. As a U.S. lobbying entity, the Company makes quarterly filings with the U.S. Congress disclosing Moody's federal lobbying expenditures and the issues on which the Company has lobbied. Moody's advocates for its interests through direct contact with government officials or through trade associations. [...] Moody's is a member of industry trade associations that represent the business community and which advocate on a variety of important public policy matters that impact our business and our stakeholders. These associations provide venues for policy discussions and opportunities for advocacy on common areas of interest. We may not support every policy position held by a trade association of which we are a member, and we communicate our views, as needed.

Describe the process(es) your organization has in place to ensure that your engagement activities are consistent with your overall climate change strategy[…]In our 2021 Sustainability Report we announced our participation in the Net Zero Financial Services Provider Alliance. As a member, part of this commitment includes to advance our efforts by proactively engaging with stakeholders and policy-makers on corporate and industry action, as well as public policies, that support a net zero transition of economic sectors in line with science and with regard to social impacts (https://www.netzeroserviceproviders.com/our-commitment/#site-header).

Consistency on ESG, including climate, corporate strategy and product development, thought leadership and public policy positioning is ensured at regular Executive Leadership Team meetings. These meetings bring together senior leaders from across the firm to discuss the impact of ESG, Sustainable Finance and Climate Risk on our company and ESG offerings.

Moody's Government Public and Regulatory Affairs team, which is part of Moody's Global Corporate Affairs team, manages Moody's political and public policy activities, including direct engagement with government officials and indirect engagement through trade associations and other policy influencers. The head of Moody's Global Corporate Affairs is a member of Moody's Executive Leadership Team with a direct reporting line to the President and CEO.

In addition, Moody's established the ESG Outreach and Research (O&R) function. It convenes quarterly ESG Content Councils and, together with regular working groups on priority areas, coordinates strategic ESG partnerships with membership organizations and bodies, and speaking and policy engagements on ESG topics. The team thereby ensures that public statements and presentations, research collaborations, and opportunities to influence developing ESG standards and policy are aligned across the corporation, and with Moody's corporate climate change strategy.

Does your organization have a public commitment or position statement to conduct your engagement activities in line with the goals of the Paris Agreement?[…]Yes