Risk assessment firm Moody's says it prides itself on its annual sustainability reports as they enable its clients and other stakeholders to stay informed and hold the firm accountable.

Its interactive 2021 Stakeholder Sustainability Report aligns with key ESG disclosure standards, including Sustainability Accounting Standards Board, Global Reporting Initiative Standards and World Economic Forum's International Business Council's Stakeholder Capitalism Metrics, Moody's says.

It says its sustainability strategy and framework is guided by the UN Sustainable Development Goals and based on an independent, non-financial materiality assessment.

The report covers Moody's Decarbonisation Plan, its Diversity, Equity and Inclusion efforts and its progress on integrating ESG considerations into its products and solutions. These strategies and select initiatives from 2021 are highlighted in three main sections: Better Business (which includes information on Moody's corporate governance structure); Better Lives (including information on its diversity, equity and inclusion initiatives); and Better Solutions (including a summary of its climate and ESG offerings).

Since Moody's was featured as a case study in the Task Force on Climate-related Financial Disclosures' 2020 Status Report, the firm updated its reporting with a new tool it said enabled it to:

• centralise and streamline its sustainability reporting and make its processes "more adaptable and agile in the face of the changing regulatory landscape";
• digitise the collection, storage and transmission of its sustainability data;
• and create a "one-source-of-truth sustainability data repository to serve the needs of cross-business stakeholders".

The content of the publicly-available report is customisable, and stakeholders can download the full report or use an interactive tool to build custom sustainability reports that best fit their needs, Moody's said.