Latest Disclosure Highlights Unwavering Commitments to
Low-carbon Transition, Risk Preparedness, and Impact
Inaugural Diversity, Equity and Inclusion Report Showcases
Comprehensive Approach to Transparency and Accountability
NEW
YORK, May 23, 2023 /PRNewswire/ -- S&P
Global (NYSE: SPGI) today released three reports capturing the
Company's continued commitments to a sustainable future that
supports a net-zero economy:
- 2022 Impact Report
- Inaugural standalone Diversity, Equity and Inclusion (DEI)
Report
- Its fifth report in line with the recommendations of the Task
Force on Climate-related Financial Disclosures (TCFD)
"Proactive, transparent disclosures continue to be a pillar of
our approach to corporate sustainability," said Ewout Steenbergen, Chief Financial Officer for
S&P Global. "Our latest reports illustrate that our work to
enhance our sustainability position has not only continued in a
positive direction but accelerated. While the risk and
opportunities for ESG are ever evolving, as an organization, we are
prepared to meet the challenge."
Key enhancements outlined in the 2022 Impact Report included
updating the Company's near-term targets for progressing toward
net-zero carbon emissions, namely:
- 25% reduction in Scope 1 and 2 GHG emissions intensity (per
square foot) by 2025
- 25% reduction in absolute Scope 3 GHG emissions from employee
business travel by 2025
- 81% of our spend with suppliers who set their own science-based
targets by 2025
The Company also announced the addition of nature-based
environmental targets that complement its net-zero goal for carbon.
The new targets include:
- Removal of single-use plastic across all global office
operations by 2025
- Zero-waste for all global locations by 2030, including those
where services are controlled by a landlord
- Water net-zero for all global locations by 2030, including
those where services are controlled by a landlord
The Company's first standalone Diversity, Equity and Inclusion
(DEI) Report is an important milestone that reinforces S&P
Global's commitment to advancing DEI efforts in line with its
People First philosophy. The DEI Report builds on prior impact
reporting to illustrate the Company's progress in its first year
post-the merger with IHS Markit.
"Our company's purpose – to accelerate progress – underpins the
work we do for our people, customers and communities," said
Annette O'Hanlon, Chief Corporate
Responsibility & Diversity Officer for S&P Global. "We
are proud to report continued progress on our sustainability
journey and underscore our commitment to increasing transparency.
Through intentional action and accountability, we are committed to
advancing our DEI efforts and continuing to disclose and report
with transparency."
Also today, S&P Global published this year's TCFD report,
the Company's fifth, demonstrating the organization is well
positioned in each of the prescribed financial disclosure areas:
governance, strategy, risk management and metrics & targets.
The Company made significant progress integrating climate-related
risk and opportunity into its business. In 2022, S&P
Global:
- Completed its merger with IHS Markit, bringing together two
organizations with leading capabilities and enhancing its ability
to serve customers in markets including ESG and energy
transition
- Acquired the Shades of Green business from the Center for
International Climate Research (CICERO), further expanding the breadth and
depth of S&P Global Ratings' second party opinions (SPOs)
offering
- Advanced its environmental goal of net-zero emissions by
setting targets to achieve net-zero Scope 1 and 2 emissions by
2030
Access all three reports on the S&P Global website.
About S&P Global
S&P Global (NYSE: SPGI)
provides essential intelligence. We enable governments, businesses
and individuals with the right data, expertise and connected
technology so that they can make decisions with conviction. From
helping our customers assess new investments to guiding them
through ESG and energy transition across supply chains, we unlock
new opportunities, solve challenges and accelerate progress for the
world.
We are widely sought after by many of the world's leading
organizations to provide credit ratings, benchmarks, analytics and
workflow solutions in the global capital, commodity and automotive
markets. With every one of our offerings, we help the world's
leading organizations plan for tomorrow, today. For more
information, visit www.spglobal.com.
Media Contact
Nadja Jiang
Communications, S&P Global
+44 79 74044522
nadja.jiang@spglobal.com
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SOURCE S&P Global