S&P Global, formerly known as IHS Markit, is a leading provider of essential information and analytics in the financial services, energy, and commodities sectors. Headquartered in the United States, the company operates globally, with significant presence in Europe and Asia. Founded in 1888, S&P Global has evolved through key milestones, including the merger with IHS in 2016, enhancing its capabilities in data and analytics. The company offers a diverse range of products and services, including credit ratings, market intelligence, and risk assessment tools, which are distinguished by their depth of insight and accuracy. S&P Global holds a prominent position in the market, recognised for its commitment to transparency and innovation, making it a trusted partner for businesses navigating complex market landscapes.
How does S And P Global's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
S And P Global's score of 100 is higher than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, S&P Global reported total carbon emissions of approximately 418,204,000 kg CO2e, with emissions distributed across various scopes: 1,983,000 kg CO2e from Scope 1, 17,505,000 kg CO2e from Scope 2, and a significant 398,716,000 kg CO2e from Scope 3. The company has set ambitious targets to reduce its greenhouse gas emissions, aiming for a 25.2% reduction in absolute Scope 1 and 2 emissions by 2025, using 2019 as the baseline year. This target is equivalent to a 25% reduction per square foot of operational space. Additionally, S&P Global is committed to reducing Scope 3 emissions from business travel by 25% within the same timeframe. Looking towards the future, S&P Global has pledged to achieve net-zero emissions across its entire value chain by 2040. This long-term goal includes a substantial reduction target of 90% for all scopes of emissions (1, 2, and 3) by 2040, again using 2019 as the baseline. The company is also focused on ensuring that 81% of its suppliers, in terms of emissions from purchased goods and services, will have science-based targets by 2025. S&P Global's commitment to sustainability is reflected in its comprehensive strategy to address emissions associated with its offices, business travel, and supply chain, demonstrating a proactive approach to tackling climate change.
Access structured emissions data, company-specific emission factors, and source documents
2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|
Scope 1 | 3,046,000 | 0,000,000 | 0,000,000 | 000,000 | 0,000,000 | 0,000,000 |
Scope 2 | 27,305,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 3 | 42,740,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
S And P Global is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.