IHS Markit Economics & Country Risk, Inc. Sustainability Profile
IHS Markit Economics & Country Risk, Inc., a prominent player in the economic and risk analysis sector, is headquartered in the United States. Founded in 1959, the company has established itself as a leader in providing critical insights across various industries, including finance, energy, and transportation. With a strong presence in North America, Europe, and Asia, IHS Markit offers a suite of core products and services, such as economic forecasts, country risk assessments, and industry reports, which are distinguished by their rigorous data analysis and expert commentary. The firm is renowned for its comprehensive databases and analytical tools that empower businesses to make informed decisions in an increasingly complex global landscape. IHS Markit has achieved notable recognition for its innovative methodologies and has consistently been at the forefront of economic research, solidifying its market position as a trusted source for economic intelligence and risk management solutions.
DitchCarbon Score
How does IHS Markit Economics & Country Risk, Inc.'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.
Industry Average
Mean score of companies in the Research Services 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.
Industry Benchmark
IHS Markit Economics & Country Risk, Inc.'s score of 91 is higher than 95% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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IHS Markit Economics & Country Risk, Inc., headquartered in the US, currently does not report specific carbon emissions data, as indicated by the absence of emissions figures. The organisation is a current subsidiary of S&P Global Inc., which may influence its climate-related initiatives and commitments. While there are no documented reduction targets or climate pledges from IHS Markit, it is important to note that any potential climate commitments or emissions data would likely be inherited from its parent company, S&P Global Inc. This includes participation in initiatives such as the Science Based Targets initiative (SBTi) and the Carbon Disclosure Project (CDP), both of which are cascaded from S&P Global at a level 2 relationship. As a subsidiary, IHS Markit may align its strategies with S&P Global's broader sustainability goals, although specific targets or achievements have not been disclosed. The lack of emissions data and reduction initiatives highlights the need for transparency in corporate climate commitments within the industry.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 3,046,000 | 0,000,000 | 0,000,000 | 000,000 | 0,000,000 | 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 | 0,000,000 |
| Scope 3 | 42,740,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
How Carbon Intensive is IHS Markit Economics & Country Risk, Inc.'s Industry?
How Carbon Intensive is IHS Markit Economics & Country Risk, Inc.'s Location?
IHS Markit Economics & Country Risk, Inc.'s Scope 3 Categories Breakdown
IHS Markit Economics & Country Risk, Inc.'s Scope 3 emissions, which increased by 29% last year and increased by approximately 946% since 2018, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 76% of Scope 3 emissions.
Top Scope 3 Categories
IHS Markit Economics & Country Risk, Inc.'s Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
IHS Markit Economics & Country Risk, Inc. has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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