MSCI and Moody’s have announced a partnership using each other’s data in order to enhance their ESG and sustainability offerings.
Moody’s will use MSCI’s sustainability data and models, including ESG ratings, as the firm plans to move its existing ESG data to offering MSCI’s sustainability to its banking, insurance and corporate clients.
MSCI will gain access to Moody’s Orbis database to extend its private company ESG coverage. In addition, MSCI and Moody’s will look to use Moody’s private company data and credit scoring models. The partnership does not impact Moody’s Ratings, the credit rating agency.
Rob Fauber, President and CEO of Moody’s, said, “Moody’s is excited to partner with MSCI, a leader in solutions for the global investment community and a pioneer in ESG and sustainability. This is a real win-win, as Moody’s customers gain access to MSCI’s renowned ESG content and MSCI customers will gain access to Moody’s world-class risk assessment expertise, data and insights.”
Henry A. Fernandez, Chairman and CEO of MSCI, said, “We are exceptionally pleased to partner with Moody’s to offer MSCI’s ESG and sustainability data to Moody’s broad base of global customers. Sustainability remains one of the most important trends reshaping the global investment landscape, and the shift to private assets is another. This agreement will help MSCI expand our private company ESG coverage and deliver enhanced solutions across client segments and asset classes.”
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