Standard & Poor's Financial Services LLC, commonly referred to as S&P, is a leading provider of financial market intelligence headquartered in the United States. Founded in 1860, S&P has established itself as a cornerstone of the financial services industry, with significant operations across North America, Europe, and Asia. The company is renowned for its comprehensive credit ratings, indices, and analytics, which serve a diverse clientele, including investors, corporations, and governments. S&P's flagship products, such as the S&P 500 Index, are pivotal in tracking market performance and guiding investment strategies. With a strong market position, S&P has achieved notable milestones, including the development of innovative financial solutions that enhance transparency and decision-making in the investment landscape. Its commitment to accuracy and reliability continues to set it apart in the competitive financial services sector.
How does Standard Poor'S Financial Services LLC'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.
Standard Poor'S Financial Services LLC's score of 85 is higher than 92% 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, Standard Poor's Financial Services LLC does not report specific carbon emissions figures, indicating a lack of publicly disclosed emissions data. The organisation is a current subsidiary of S&P Global Inc., which may influence its climate commitments and reporting practices. While there are no documented reduction targets or specific climate pledges from Standard Poor's Financial Services LLC, it is important to note that any climate initiatives or targets would likely be aligned with those of its parent company, S&P Global Inc. This includes potential commitments to the Science Based Targets initiative (SBTi) and participation in the Carbon Disclosure Project (CDP), both of which are cascaded from S&P Global Inc. at a corporate family level. In summary, Standard Poor's Financial Services LLC currently lacks specific emissions data and reduction targets, but its climate commitments may be informed by the broader initiatives of S&P Global Inc.
Access structured emissions data, company-specific emission factors, and source documents
| 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 |
Standard Poor'S Financial Services LLC'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.
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.
Standard Poor'S Financial Services LLC 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.