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The new strategy further advances Fitch's DEI efforts by strengthening the accountability of all employees, increasing transparency and reinforcing a companywide commitment to gender equity and expanded opportunities for underrepresented talent.

"We are very pleased to launch our updated DEI strategy which builds on the existing culture at Fitch, said Paul Taylor, President and chief executive officer of Fitch Group. Everyone in the company has an important role to play in taking our DEI efforts forward. This strategy will serve as a comprehensive roadmap for fostering a stronger, more inclusive culture where all people at Fitch are able to reach their full potential."

The strategy incorporates feedback from hundreds of Fitch colleagues, internal and external data insights, and market comparisons. The multi-faceted plan establishes a set of DEI guiding principles for the whole business and five core strategic pillars to drive change. It also includes measurable objectives to provide actionable goals for the coming year.

In recent years, Fitch has prioritized the expansion of its DEI initiatives with the goal of retaining, developing and advancing diverse talent. In September 2021, the company welcomed Dr. Maria Angelica Perez as its first Head of DEI, followed by the appointment of Andrew Johnson, Jr. as non-executive advisor on DEI.