Standard & Poor's (S&P), a leading global financial services company headquartered in the United States, has been a cornerstone of the financial industry since its founding in 1860. Renowned for its comprehensive credit ratings, benchmarks, and analytics, S&P operates primarily in North America, Europe, and Asia, serving a diverse clientele that includes governments, corporations, and investment professionals. S&P is best known for its flagship products, including the S&P 500 Index, which is widely regarded as a key indicator of U.S. equity market performance. The company has achieved significant milestones, such as the introduction of its credit ratings system, which has become a standard in assessing creditworthiness. With a strong market position and a reputation for reliability, S&P continues to shape the financial landscape through its innovative solutions and in-depth market insights.
How does S&P'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&P's score of 23 is lower than 75% of the industry. This can give you a sense of how well the company is doing compared to its peers.
As of the latest available data, S&P Global does not report any specific carbon emissions figures, indicating a lack of disclosed emissions data. Consequently, there are no recorded Scope 1, 2, or 3 emissions figures to analyse. Furthermore, S&P Global has not established any documented reduction targets or initiatives, including those aligned with the Science Based Targets initiative (SBTi) or other climate pledges. In the absence of specific emissions data or reduction commitments, it is essential to note that S&P Global operates within an industry increasingly focused on sustainability and climate action. Many organisations in the financial services sector are setting ambitious targets to reduce their carbon footprints and enhance transparency regarding their environmental impact. However, without specific commitments or data from S&P Global, it remains unclear how they align with these industry trends.
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
S&P has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
