SOURCE: Moody's Corporation
DESCRIPTION:
Moody’s was recently named for the first time to The Civic 50, a prestigious annual honor roll that recognizes the 50 most community-minded companies in the United States. The distinguished award is a recognition of Moody’s comprehensive approach to contributing to a more inclusive society and world, achieved through the profound generosity of its employees and their commitment to empowering others with the knowledge, resources, and confidence they need to create a better future. Even through the unprecedented personal and professional challenges of the past 18 months, their commitment to those in need has been unwavering.
ABOUT THE CIVIC 50
The Civic 50 is the annual recognition initiative of Points of Light, the world’s largest organization dedicated to volunteer service.. The honorees are companies with annual revenues of at least US$1 billion, and are selected based on their corporate citizenship and social impact programs.
While hundreds of companies are considered for The Civic 50 each year, only 50 are selected to the final list based on their investment of resources, integration across business functions, institutionalization through policies, and impact measurement. Moody’s inclusion on the list for 2021 illustrates its commitment to civic engagement and helps create a roadmap for other companies seeking to best use their time, talent, and resources, to improve the quality of life in the communities where they do business.
Points of Light’s mission to inspire people to take action that changes the world matches Moody’s approach to corporate social responsibility – to empower people with the knowledge, resources and confidence they need to create a better future for themselves, their communities, and their environment.
“Points of Light believes that corporate leadership and commitment to civic engagement is critical to strengthening communities,” said Natalye Paquin, President and CEO, Points of Light. We thank Moody’s for their investment in the communities where they live and work, and look forward to supporting them in leveraging their time, talent, and assets to make transformational change.”
“Engaging with the communities where we do business is an integral part of Moody’s corporate strategy,” said Arlene Isaacs-Lowe, Global Head of CSR, Moody’s Corporation & President, Moody’s Foundation. “As the world recovers from the COVID-19 pandemic, we will continue to pursue partnerships and service opportunities that help build more inclusive, equitable economies and stronger communities in the U.S. and abroad.”
OTHER RECENT RECOGNITIONS
Our inclusion in The Civic 50 comes on the heels of other recent awards and recognitions for our work in the CSR space.
- Earlier this year, Moody’s was recognized for its outstanding employee volunteer engagement efforts in 2020 by the New York City Mayoral Service Recognition Program, which highlights local organizations that make a difference in the community.
- Girls Inc of New York City honored Moody’s longstanding support at their 2021 Spring Gala with their prestigious Leadership Award. Margaret Rienecker, MD-Gbl Rtgs & Research Sup serves on the Board of Girls Inc of New York City and Jennifer Stula Rivera, VP-CSR serves on the Advisory Board. Watch the award acceptance video here.
- Moody’s Future Solutions team was awarded the Network for Teaching Entrepreneurship (NFTE)’s Bay Area Corporate Volunteer of the Year in recognition of their contribution to NFTE’s Entrepreneurial Essentials 2 (E2) curriculum. Team members include John Baer, MD-Product Management and NFTE Advisory Board Member, Abigail Gavrila, Jon Carlos, Nathan Leis, Xiaodi Li, Praveen Kurmala, Swetha Kanthavel Sundarraj, Li Sen, Sherry Wang, and Craig Navickas.
- In the Asia/Pacific region, Moody’s was recently named a Caring Company for the fifth year in a row by the Hong Kong Council of Social Service. The distinction recognizes its partnership with HandsOn Hong Kong to launch a pilot program to support students with job readiness through virtual trainings and career planning sessions.
- Moody’s Singapore office won the AmCham Higher Distinction Award for the third consecutive year. AmCham CARES awards recognize AmCham member companies for their CSR excellence and commitment to positively contributing to the local community. The award recognizes AmCham member companies that conduct business in a sustainable way that creates both long-term economic and social value for Singapore.
- In Australia, Moody’s was presented with Career Trackers’ Partnering for Excellence Award for its work to enhance the student experience in a unique way by thinking outside of the box and demonstrating leadership in our decision making.
- In EMEA, Moody’s recently won the NEON Widening Access Partnership Award for its Urban Scholars Programme partnership with Brunel University in London. The NEON Awards celebrate successes in promoting access to higher education and enabling social mobility.
- Moody's Lithuania partnership with the ISM University of Economics and Management was also recently recognized by Central Eastern European (CCE) Business Services Association as the region's Best University-Business Cooperation in 2021
For more information about Moody’s CSR strategy, visit the CSR Microsite.
KEYWORDS: NYSE:MCO, moodys, ESG, Points of Light, civic 50