S&P Global Sustainability Profile
S&P Global, a leading provider of financial information and analytics, is headquartered in the United States. Founded in 1860, the company has evolved significantly, establishing itself as a key player in the financial services industry. With major operational regions across North America, Europe, and Asia, S&P Global offers a diverse range of products and services, including credit ratings, market intelligence, and risk assessment. The company is renowned for its unique data-driven insights and analytical tools, which empower businesses to make informed decisions. Notable achievements include its strong market position as a trusted source for credit ratings and benchmarks, serving a wide array of clients from corporations to governments. S&P Global continues to innovate, solidifying its reputation as a cornerstone of the global financial landscape.
DitchCarbon Score
How does S&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.
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.
Industry Benchmark
S&P Global's score of 91 is higher than 95% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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S&P Global's reported carbon emissions
In 2024, S&P Global reported total carbon emissions of approximately 457.6 million kg CO2e, comprising 2,268,000 kg CO2e from Scope 1, 8,239,000 kg CO2e from Scope 2 (market-based), and 447,142,000 kg CO2e from Scope 3 emissions. This represents a significant increase from 2023, where total emissions were approximately 365.8 million kg CO2e, with Scope 1 at 1,983,000 kg CO2e, Scope 2 at 17,505,000 kg CO2e (market-based), and Scope 3 at 346,297,000 kg CO2e. S&P Global has committed to ambitious climate targets, aiming for net-zero emissions across its value chain by 2040. The company has set near-term targets to reduce absolute Scope 1 and 2 GHG emissions by 25.2% by 2025 from a 2019 baseline, which is equivalent to a 25% reduction per square foot. Additionally, S&P Global aims to reduce absolute Scope 3 emissions from business travel by 25% within the same timeframe. Furthermore, the company has committed that 81% of its suppliers, covering purchased goods and services as well as capital goods, will have science-based targets by 2025. S&P Global's long-term strategy includes a 90% reduction in absolute emissions across all scopes by 2040, using 2019 as the baseline year. These commitments align with the Science Based Targets initiative (SBTi) and reflect the company's dedication to addressing climate change and reducing its carbon footprint.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 3,046,000 | 0,000,000 | 0,000,000 | 000,000 | 0,000,000 | 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 | 0,000,000 |
| Scope 3 | 42,740,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
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S&P Global's Scope 3 Categories Breakdown
S&P Global's Scope 3 emissions, which increased by 29% last year and increased by approximately 946% since 2018, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 76% of Scope 3 emissions.
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S&P Global's Climate Goals (2030 & 2050)
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 Global has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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Frequently Asked Questions
Common questions about S&P Global's sustainability data and climate commitments