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 457,649,000 kg CO2e, with Scope 1 emissions at about 2,268,000 kg CO2e, Scope 2 emissions (market-based) at approximately 8,239,000 kg CO2e, and a significant contribution from Scope 3 emissions, which totalled around 447,142,000 kg CO2e. This represents a notable increase from 2023, where total emissions were about 365,785,000 kg CO2e. 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. Additionally, the company is targeting a 25% reduction in Scope 3 emissions from business travel within the same timeframe. These targets are aligned with science-based methodologies and are part of their broader commitment to achieve net-zero emissions across their value chain by 2040. The company has also achieved a 25.2% reduction in absolute Scope 1 and 2 emissions as of 2023, equivalent to a 25% reduction per square foot. Furthermore, S&P Global has committed to ensuring that 81% of its suppliers, covering purchased goods and services, will have science-based targets by 2025. Overall, S&P Global's climate strategy reflects a comprehensive approach to reducing emissions across all scopes, with a clear focus on accountability and measurable targets.
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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