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 90 is higher than 95% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, S&P Global reported total carbon emissions of approximately 457,649,000 kg CO2e, with Scope 1 emissions at about 2,268,000 kg CO2e, Scope 2 emissions (market-based) at approximately 8,239,000 kg CO2e, and a significant Scope 3 contribution of about 447,142,000 kg CO2e. This represents an increase from 2023, where total emissions were approximately 365,785,000 kg CO2e, with Scope 1 at about 1,983,000 kg CO2e, Scope 2 (market-based) at approximately 17,505,000 kg CO2e, and Scope 3 at around 346,297,000 kg CO2e. S&P Global has set ambitious climate commitments, aiming for a 25.2% reduction in absolute Scope 1 and 2 GHG emissions by 2025, using 2019 as the baseline. This target is complemented by a commitment to reduce Scope 3 emissions from business travel by the same percentage within the same timeframe. Furthermore, S&P Global has pledged to achieve net-zero emissions across its value chain by 2040, with interim targets to ensure progress. The company has also reported significant achievements, including a 25.2% reduction in absolute Scope 1 and 2 GHG emissions as of 2023, equivalent to a 25% reduction per square foot. Additionally, S&P Global aims for 81% of its suppliers, covering purchased goods and services, to have science-based targets by 2025. Overall, S&P Global's climate strategy reflects a robust commitment to reducing its carbon footprint and aligning with global climate goals, demonstrating leadership in the professional services sector.
Access structured emissions data, company-specific emission factors, and source documents
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 |
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.