Moody's partners with MSCI to introduce MSCI industry ESG ratings and information.

On July 2nd, MSCI and Moody's announced a strategic partnership agreement, where both parties will leverage their respective strengths to enhance transparency in the ESG (Environmental, Social, and Governance) and sustainable development areas, helping investors make wiser decisions. According to the agreement, Moody's will incorporate MSCI's industry-leading ESG ratings and information, mainly to assess companies' management levels of ESG risks and opportunities related to finances. After adopting MSCI's data, Moody's plans to gradually shift from providing its existing ESG data and ratings to offering MSCI's sustainable information, through a series of solution services to clients in the banking, insurance, and corporate sectors. MSCI will utilize Moody's Orbis database to expand coverage of ESG data for private companies. Moody's Orbis database is a globally leading corporate information database, covering data from over five million companies. Additionally, MSCI and Moody's will explore developing solutions based on Moody's private company data and credit scoring models, in order to provide deeper insights into the private credit market. Moody's President and CEO Rob Fauber expressed his excitement about the partnership with MSCI. He stated that MSCI is a leader in providing solutions for the global investment community and is a pioneer in the ESG and sustainable development fields. This partnership is a true win-win collaboration, as Moody's clients can access MSCI's renowned ESG information, while MSCI's clients will benefit from Moody's globally leading risk assessment expertise, data, and insights. MSCI Chairman and CEO Henry Fernandez also expressed his pleasure in working with Moody's to provide MSCI's ESG and sustainable data to their vast global client base. Sustainable development remains one of the most important trends reshaping the global investment landscape, with the shift in asset allocation towards private assets being another significant trend. This partnership will expand the coverage of MSCI's ESG data at the level of private companies, and provide enhanced solutions for various client groups across different asset classes.