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 98 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 greenhouse gas emissions of approximately 418,204,000 kg CO2e. This figure includes 1,983,000 kg CO2e from Scope 1 emissions, 17,505,000 kg CO2e from Scope 2 emissions (market-based), and a significant 398,716,000 kg CO2e from Scope 3 emissions, which encompasses various categories such as purchased goods and services, business travel, and employee commuting. The company has set ambitious climate commitments, aiming for a 25.2% reduction in absolute Scope 1 and 2 emissions by 2025, using 2019 as the baseline year. Additionally, S&P Global targets a 25% reduction in Scope 3 emissions from business travel within the same timeframe. By 2040, the company aspires to achieve net-zero greenhouse gas emissions across its entire value chain, with a long-term goal of reducing absolute emissions (Scopes 1, 2, and 3) by 90% from the 2019 baseline. S&P Global's initiatives also include a commitment that 81% of its suppliers, by spend on purchased goods and services, will have science-based targets by 2025. These efforts align with industry standards for climate action and demonstrate the company's dedication to sustainability and reducing its carbon footprint.
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 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.