Moody's
Moody's is the bond credit rating business of Moody's Corporation, representing the company's traditional line of business and its historical name. Moody's Investors Service provides international financial research on bonds issued by commercial and government entities. Moody's, along with Standard & Poor's and Fitch Group, is considered one of the Big Three credit rating agencies.[1]
Moody's was founded by John Moody in 1909 to produce manuals of statistics related to stocks and bonds and bond ratings. In 1975, the company was identified as a Nationally Recognized Statistical Rating Organization (NRSRO) by the U.S. Securities and Exchange Commission. Following several decades of ownership by Dun & Bradstreet, Moody's Investors Service became a separate company in 2000. Moody's Corporation was established as a holding company.[2]
Support to equal justice
Moody's is committed to a diverse and inclusive culture. They aspire to be a place where everyone feels comfortable being their true selves, where we demonstrate empathy and civility – and where they celebrate the differences that make them stronger. To further their commitment to promoting diversity and inclusion at Moody's and racial justice in the communities where they live and work, Moody's shares an array of events we held in June and July 2020.
Thousands of employees attended one or a mix of 43 events Moody's held across the world on racial justice, including their racial justice town hall, signature Juneteenth event, learning sessions from Employee Resource Groups (ERGs), and Moody's Courageous Conversations and Moments That Matter series.
The reach and success of these events was made possible through strong employee leadership and participation – especially from Moody's Diversity and Inclusion and Corporate Social Responsibility teams and employee-led Multicultural ERG and Black Inclusion Group.[3]
Moody's also commit $1 millions over the next five years, starts from 2020, to promote equal justice and advancement of the Black community, including a $100,000 donation to the Equal Justice Initiative (EJI), a non-profit organization focused on providing education on racial and economic injustice. Through Moody's Diversity & Inclusion team and employee-led Black Inclusion Group, Moody's will identify additional opportunities and ways to support racial justice organizations and initiatives, including pro bono and employee activities.[4]
References
- ↑ Moody's. Wikipedia. Retrieved Feb 2, 2021.
- ↑ Marty, Wolfgang. Fixed Income Analytics: Bonds in High and Low Interest Rate Environments. Sep 14, 2017. Springer.
- ↑ Plumhoff, Katherine. How 15 Companies Are Working to Be Anti-Racist. August 24, 2020. powertofly.com. Retrieved Feb 2, 2021.
- ↑ A Note from Moody's CEO and Leadership: Our Commitment to Supporting Equal Justice. Moody's. Retrieved Feb 2, 2021.