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Moody’s Analytics Adds Climate Risk Assessment Into Its Credit Lifecycle Management Solution

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Moody’s Analytics is pleased to announce that it has incorporated climate risk assessment capabilities into its flagship credit lifecycle management platform, the CreditLens™ solution. The integration enables lenders to assess the impact of climate on their customers’ credit quality to inform lending decisions.

Increasingly, financial institutions worldwide are considering the impact of climate risks and opportunities on their business. Risks arising from climate change can affect revenues, costs and reputation for businesses and assets, leading to credit risks and associated impacts for commercial lenders. However, the need to transition to a net zero, resilient economy also presents opportunities for innovative financial products. Many banks are already taking action, committing to align their lending and investment portfolios with net-zero emissions.

With the climate risk assessment capability accessible directly within the CreditLens solution, users can weigh the impact of climate risk on their credit decisions and identify relevant opportunities without increasing workload or disrupting the work process.

“The growing climate crisis has spurred our customers to manage a wider range of risks than ever before,” said Eric Ebel, Managing Director, Banking Solutions at Moody’s Analytics. “Under increasing regulatory and market pressure worldwide, forward-thinking financial institutions are looking to incorporate climate risk into their credit decisioning process. Moody’s Analytics is at the forefront of helping banks navigate the transformation to a low-carbon, sustainable future.”

The new capability leverages our award-winning climate risk solutions to support climate risk assessment in credit origination. This is achieved through pairing of powerful climate risk-adjusted default analytics with the CreditLens solution, enabling our clients to quantify and assess the credit impact of climate risk.

To learn more about Moody’s leadership in addressing the shared challenge of climate change through our insights, solutions, and corporate commitments visit www.moodys.com/climate.

Built on the latest cloud-based technology, the CreditLens platform helps businesses digitally transform their credit processes, to make faster and better-informed decisions. It applies artificial intelligence and machine learning to facilitate process automation and help clients improve efficiency, reduce errors, and streamline workflows.

About Moody’s Analytics
Moody’s Analytics provides financial intelligence and analytical tools to help business leaders make better, faster decisions. Our deep risk expertise, expansive information resources, and innovative application of technology help our clients confidently navigate an evolving marketplace. We are known for our industry-leading and award-winning solutions, made up of research, data, software, and professional services, assembled to deliver a seamless customer experience. We create confidence in thousands of organizations worldwide, with our commitment to excellence, open mindset approach, and focus on meeting customer needs. For more information about Moody’s Analytics, visit our website or connect with us on Twitter and LinkedIn.

Moody's Analytics, Inc. is a subsidiary of Moody's Corporation (NYSE: MCO). Moody's Corporation reported revenue of $6.2 billion in 2021, employs over 13,000 people worldwide, and maintains a presence in more than 40 countries.

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Contact information

TRACY FINE
Moody’s Analytics Communications
+1.415.874.6013

Moody’s Analytics Media Relations

moodysanalytics.com
twitter.com/moodysanalytics
linkedin.com/company/moodysanalytics

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