S&P Global Inc., formerly known as IHS Markit, is a leading provider of financial information and analytics, headquartered in New York City, USA. Established in 1860, the company has evolved significantly, marking key milestones such as the merger with IHS in 2016, which expanded its global footprint across North America, Europe, and Asia-Pacific. Operating primarily in the financial services and data analytics industry, S&P Global offers a diverse range of products and services, including credit ratings, market intelligence, and risk assessment tools. Its unique blend of comprehensive data and analytical expertise positions it as a trusted partner for businesses navigating complex market environments. With a strong market presence, S&P Global is recognised for its commitment to transparency and innovation, making it a vital resource for investors and corporations alike.
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 73 is higher than 99% 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 tonnes CO2e. This figure includes 1,983 tonnes from Scope 1 emissions, 24,130 tonnes from Scope 2 emissions, and a significant 398,716 tonnes from Scope 3 emissions, which primarily encompass business travel and purchased goods and services. S&P Global has set ambitious climate commitments, aiming for net-zero greenhouse gas emissions across its entire value chain by 2040. The company has established near-term targets to reduce absolute Scope 1 and 2 emissions by 25.2% by 2025, using 2019 as the baseline year. Additionally, it plans to cut Scope 3 emissions from business travel by 25% within the same timeframe. Furthermore, S&P Global is committed to ensuring that 81% of its suppliers, based on spend for purchased goods and services, will have science-based targets by 2025. Long-term, S&P Global aims to achieve a 90% reduction in absolute emissions across all scopes by 2040, compared to 2019 levels. These initiatives reflect the company's dedication to addressing climate change and aligning with global sustainability goals.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2018 | 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.