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 emissions were about 1,983,000 kg CO2e, Scope 2 emissions totalled approximately 17,505,000 kg CO2e (market-based), and Scope 3 emissions reached around 398,716,000 kg CO2e. The company has set ambitious climate commitments, aiming for net-zero greenhouse gas emissions across its value chain by 2040. To achieve this, S&P Global has established near-term targets, including a 25.2% reduction in absolute Scope 1 and 2 emissions by 2025 from a 2019 baseline, which is equivalent to a 25% reduction per square foot. Additionally, the company aims to reduce absolute Scope 3 emissions from business travel by 25% within the same timeframe. S&P Global is also committed to ensuring that 81% of its suppliers, covering purchased goods and services as well as capital goods, will have science-based targets by 2025. Long-term, the company targets a 90% reduction in absolute emissions across all scopes by 2040, further solidifying its commitment to sustainability and climate action.
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.