Moody’s Corporation won best ESG reporting by a large cap at the IR Magazine Awards – US 2022, but the win is only the beginning. The global integrated risk assessment firm beat fellow nominees Fifth Third Bancorp, Mondelēz International, Philip Morris International and Verizon Communications at the gala event on March 31.
Natali Ganfer, senior vice president for sustainability, told IR Magazine on the red carpet that Moody’s Corporation had taken a new approach to ESG reporting and a lot of work had gone into it. Last June, Moody’s launched a new sustainability strategy and framework that was guided by the UN’s Sustainable Development Goals and based on an independent, non-financial materiality assessment that identified the issues most important to its stakeholders and business success. The firm’s sustainability site received more than 10,000 visits and its reports page received more than 4,500 views since June 2021.
‘We’re super-glad to be recognized for this effort,’ Ganfer said. ‘We are building on that inaugural report and really taking it to the next level with more cohesive and comprehensive disclosures. We’re very excited, it’s going to come out soon and we’re working on it right now.’
Ganfer recommended IR professionals start with a good foundation then build on it. ‘Don’t look for perfection, but rather progress,’ she advised.