MSCI - Moody's Forms Strategic Alliance to Boost ESG Solutions | Benzinga
Moody's Corp. (NYSE: MCO) and MSCI Inc. (NYSE: MSCI) have entered into an agreement to establish a strategic partnership to capitalize on each other's strengths to enhance transparency in environmental, social, and governance (ESG) and sustainability in markets and make better decisions. The financial terms of the deal remain confidential.
Moody's will utilize MSCI's sustainability data and models, which are widely used by the world's major asset managers and asset owners. The agreement includes MSCI's industry-leading ESG ratings and content, which assesses a company's management of financially significant ESG risks and opportunities.
Through access to MSCI data, Moody's plans to migrate its existing ESG data and scores to offer MSCI's sustainability content through a wide array of solutions serving its customers in the banking, insurance and corporate sectors.
MSCI will gain accessibility to Moody's Orbis database, the world's prominent source of firmographic information with data on more than 500 million entities, to expand its private company ESG coverage. Additionally, both companies will evaluate solutions that utilize Moody's private company data and credit scoring models to offer deeper insights into the private credit market.
Rob Fauber, president and CEO ...