ESG Data Guide 2024

Moody’s Ratings - MIS Second Party Opinion

The data offers solutions for:

  • Environmental impact analysis and insight
  • Social impact analysis and insight
  • Sustainable finance solutions

Who are the data users?

  • Corporates
  • Financial institutions
  • Government
  • Investors

Brief description of the data offering

Moody’s Second Party Opinions (SPOs) provide an assessment of how financial instruments or financing frameworks align to relevant sustainability principles and the extent to which they are expected to contribute to the issuer’s advancement of long-term sustainable development. We express the overall assessment through the Sustainability Quality Score on a five-point scale from SQS1 (Excellent) to SQS5 (Weak). SPOs are point-in-time opinions that can be updated upon request by the issuer. SPOs address elements of sustainability that may be of interest to market participants. They are not credit ratings.

Where and how do you source your data?

In establishing SPOs, we may consider data, information or assessments found in or calculated or estimated from an issuer’s public disclosures, in particular the financial instrument documentation or financing framework; from published research or indicators (e.g., proprietary scores) of MIS or other Moody’s entities; or from relevant third-party sources. We may also use non-public information provided by the issuer.

What is the cost for your data offering?

For more information, please email us.

Contacts

sofia.dabic@moodys.com