Moody’s UK Multicultural Business Resource Group (BRG) is at the forefront of fostering an inclusive culture at the organisation embodying the values and vision of the Ethnicity Awards. Moody’s UK MBRG’s joint project with TENT Partnership for Refugees, a global organisation that supports refugees and displaced people, is especially remarkable. The refugee mentorship program gave Moody’s team not only a possibility to help refugee women in securing employment and adapting to new environment but also enrich the organisation with diverse perspectives and skills.

Inclusion at Moody’s

We at Moody’s are committed to cultivating a culture where every individual feels a sense of belonging and all employees can safely express their true selves, regardless of their gender identity, sexual orientation, race/ethnicity, age, veteran status, disability, or any other personal characteristic.

Recognising the importance of supporting and understanding each other, Moody’s commitment extends to maintaining a respectful and inclusive workplace with zero tolerance for racism, antisemitism, Islamophobia, sexism, homophobia or any other expression of hate, in any form, for any group or community.

We at Moody’s also believe that everyone should have an equal opportunity to succeed and achieve their career goals. This dedication extends to growth opportunities for both our employees and our communities.

Making Moody’s a place people want to come and stay

We at Moody’s have implemented several key initiatives that have significantly contributed to fostering an inclusive culture within the organisation. The success of these initiatives is evident in the active participation and positive feedback from employees across the organisation.

This has strengthened Moody’s culture and equipped employees to champion diverse perspectives more effectively, embedding inclusion into everything the company does to drive innovation and deliver value for partners and customers. Here are some highlights:

• Stand for Inclusion Training: Educating and engaging employees on the importance of inclusion and diversity in the workplace.
• Business Resource Groups (BRGs): Encouraging collaboration and networking among employees through BRGs to foster a sense of community and belonging for employees from different backgrounds.
• Operating & Governance Model: The Inclusion Operating and Governance Model (OGM) serves as the engine driving Inclusion and belonging at Moody’s. It provides a strategic framework guiding Moody’s inclusion efforts, based on industry best practices.
• BRG Toolkit: This toolkit supports global inclusion celebrations and provides a structure for events such as leadership spotlights, conferences, and other initiatives that promote inclusion.
• Global Celebration Days: Moody’s recognises and celebrates key global days, such as Pride, UK Black History Month, and the Paralympics, with various events and activities organised by BRGs to raise awareness and demonstrate allyship.
• Inclusion Microsite: Showcasing Moody’s commitment to diversity, equity, and inclusion, accessible to both employees and the public. It serves as a comprehensive resource for information on Moody’s Inclusion initiatives, partnerships, and global celebration days.

Our company’s commitment to Inclusion has also earned external recognition, with Moody’s ranking #8 on the 2024 Fair360 Top 50 List and being certified as a Great Place to Work® in the US for the third consecutive year. Moody’s Chief Inclusion Officer, Francisco Martinez-Garcia, was honoured as Chief Executive of the Year at last week’s ALPFA Convention in the US. These accolades highlight Moody’s ongoing efforts to foster an environment where everyone feels valued.

The power of belonging in moving the business forward

We at Moody’s continue to advance on our journey of inclusion and diversity. Here are a few critical steps to build a more inclusive and equitable workplace that could benefit every organisation aiming to enhance its efforts:

1. Purposeful Engagement: Create platforms like Business Resource Groups that not only celebrate diversity but also cultivate a sense of belonging and community within your organization.
2. Awareness and Education: Commit to ongoing education on inclusion topics. Proactively educate on new dimensions of diversity and place a global focus on inclusive decision-making, neurodiversity, and mental health.
3. Leadership and Development Programs: Expand your talent pipeline by offering development programs accessible to individuals from all backgrounds and identities. Focus on increasing representation across various dimensions of diversity to enrich your organizational culture.
4. Measuring Success: Implement a multi-layered approach to measure and enhance the effectiveness of Inclusion programs. This could involve setting clear goals, tracking progress, and adjusting strategies as needed.
5. Community Impact: Engage in initiatives that extend beyond your organization, such as partnerships with community organizations or mentoring programs. These efforts not only contribute to societal progress but also reinforce the importance of inclusion within your corporate culture.
6. Recognition and Partnerships: Partner with organisations that align with your values and contribute significantly to local communities. This helps in fostering inclusion and providing opportunities for underrepresented groups.
7. Inclusion in Business Strategy: Integrate Inclusion into the global business strategy, ensuring that it is central to every business decision and addresses specific issues that may affect career progression.
8. Leadership Commitment: Secure top-down support from the Board and Executive Leadership Team, including the CEO, to champion inclusive initiatives and provide necessary resources.
9. Regional Perspective: Adopt a regional perspective to tailor your strategies to the specific cultural and regional contexts of global operations.

For organisations committed to building a more inclusive and equitable workplace, the journey involves ongoing effort, reflection, and willingness to evolve. It’s important to note that progress is more important than perfection, and continuous efforts are key to making meaningful change.

Learn More: https://www.ethnicityawards.com/top-10-network-groups-erg-2024/ 

About Moody’s

In a world shaped by increasingly interconnected risks, Moody’s helps customers develop a holistic view of these risks to advance their business and act decisively. With a rich history of expertise in global markets and a diverse workforce in more than 40 countries, Moody’s unites the brightest minds to turn today’s risks into tomorrow’s opportunities.