IHS Markit Ltd. Sustainability Profile
IHS Markit Ltd., a leading global information provider, is headquartered in Great Britain and operates extensively across North America, Europe, and Asia. Founded in 1959, the company has established itself as a key player in the data analytics and information services industry, focusing on sectors such as finance, energy, and transportation. IHS Markit offers a diverse range of core products and services, including market intelligence, analytics, and advisory solutions that empower businesses to make informed decisions. Its unique integration of data and expertise sets it apart in a competitive landscape. With a strong market position, IHS Markit has achieved notable milestones, including significant acquisitions that have expanded its capabilities and reach, solidifying its reputation as a trusted source of critical information for industries worldwide.
DitchCarbon Score
How does IHS Markit Ltd.'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 Computer 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 Ltd.'s score of 63 is higher than 77% 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 Ltd.'s reported carbon emissions
IHS Markit Ltd., headquartered in Great Britain, reported its carbon emissions data for 2016, with total emissions of approximately 20,210,000 kg CO2e from Scope 2 (purchased electricity) and about 509,000 kg CO2e from Scope 1 (direct emissions). This data reflects a commitment to transparency in emissions reporting, although no Scope 3 emissions data was disclosed. In the preceding years, IHS Markit Ltd. demonstrated a consistent approach to emissions management, with Scope 1 emissions of about 501,000 kg CO2e in 2015 and approximately 577,000 kg CO2e in 2014. Scope 2 emissions also showed a similar trend, with about 17,244,000 kg CO2e in 2015 and around 16,444,000 kg CO2e in 2014. Despite the absence of specific reduction targets or initiatives, the company is part of a corporate family that includes S&P Global Inc., which may influence its climate commitments. However, no specific SBTi (Science Based Targets initiative) reduction targets have been established or cascaded from the parent organization. Overall, while IHS Markit Ltd. has made strides in emissions reporting, further clarity on reduction initiatives and targets would enhance its climate commitment profile.
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| 2013 | 2014 | 2015 | 2016 | |
|---|---|---|---|---|
| Scope 1 | 566,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 18,823,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - |
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IHS Markit Ltd.'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 Ltd. 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.
