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

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.

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“The growing climate crisis has spurred our customers to manage a wider range of risks than ever before”

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.

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“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.

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