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Moody’s, MSCI to Collaborate on ESG Data
MSCI Inc. and Moody’s Corporation said Monday they had reached a strategic partnership agreement, leveraging each other’s strengths to bring greater transparency on ESG and sustainability to markets. Terms of the agreement were not disclosed.
Moody’s will leverage MSCI’s sustainability data and models, which are used by the world’s largest asset managers and asset owners. The agreement, entered into last week, includes MSCI’s ESG ratings and content. With access to MSCI data, Moody’s intends over time to migrate its existing ESG data and scores to offering MSCI’s sustainability content through a range of solutions serving Moody’s customers in the banking, insurance and corporate sectors.
In turn, MSCI will gain access to Moody’s Orbis database of firmographic information with data on more than 500 million entities, to extend its private company ESG coverage. Further, MSCI and Moody’s will explore solutions that leverage Moody’s private company data and credit scoring models.
“Sustainability remains one of the most important trends reshaping the global investment landscape, and the shift to private assets is another,” said Henry A. Fernandez, chairman and CEO of MSCI. “This agreement will help MSCI expand our private company ESG coverage and deliver enhanced solutions across client segments and asset classes.”
The partnership does not impact Moody’s Ratings, the credit rating agency.
