Public Profile

S And P Global

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.

DitchCarbon Score

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.

81

Industry Average

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.

13

Industry Benchmark

S And P Global's score of 81 is higher than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.

100%

S And P Global's reported carbon emissions

In 2023, S&P Global reported total carbon emissions of approximately 418,204,000 kg CO2e. This figure includes 1,983,000 kg CO2e from Scope 1 emissions, 110,600 kg CO2e from Scope 2 emissions, and a significant 398,716,000 kg CO2e from Scope 3 emissions, which primarily encompass business travel and purchased goods and services. S&P Global has set ambitious climate commitments, aiming for a 25.2% reduction in absolute Scope 1 and 2 greenhouse gas emissions by 2025, using 2019 as the baseline year. This target translates to a reduction of about 16,000,000 kg CO2e from their 2019 levels. Additionally, the company aims to reduce Scope 3 emissions from business travel by 25% within the same timeframe. Looking further ahead, S&P Global has committed to achieving 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) from 2019 levels by 2040. Furthermore, the company plans for 81% of its suppliers, by spend, to have science-based targets by 2025, reinforcing its commitment to sustainable practices throughout its supply chain. These initiatives reflect S&P Global's proactive approach to addressing climate change and reducing its carbon footprint in alignment with global climate goals.

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Add to project
201820192020202120222023
Scope 1
3,046,000
000,000,000
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

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. S And P Global's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. S And P Global is headquartered in US, which has a rank of low, indicating low grid carbon intensity.

Reduction initiatives & disclosure networks

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 committed to some reduction initiatives 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers