The 35-member Climate Subcommittee will focus on identifying impacts of climate change on capital markets, and providing recommendations on how to best mitigate those risks
New York, NY, Nov. 20 2019 — S&P Global (NYSE: SPGI) announced today that Martina Cheung, President of S&P Global Market Intelligence, was appointed as a member of the new Climate-Related Market Risk Subcommittee (“Climate Subcommittee”) of the U. S. Commodity Futures Trading Commission’s (CFTC) Market Risk Advisory Committee.
“I am honored to have been selected as a member of the new committee and to work with fellow experts and financial regulators to explore in-depth the critical climate-related issues that businesses face today,” said Martina Cheung, President of S&P Global Market Intelligence. “S&P Global continues to be leader in providing transparency to the markets through climate-related data and analytics, and our clients have identified sustainability as a top priority. The creation of this committee by the CFTC is a step in the right direction to further address market needs, examine risks and work in tandem with the private sector to accelerate progress in addressing climate change.”
The formation of the Climate Subcommittee, which is comprised of leading industry professionals from across multiple sectors, is tasked with developing a report with recommendations to financial regulators on addressing climate-related financial and market risks to capital markets and the broader economy.
This appointment acknowledges S&P Global’s commitment as industry participants to operating with purpose and delivering value not only to its shareholders and customers, but to all stakeholders and communities at large.
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About S&P Global
S&P Global is the world’s foremost provider of credit ratings, benchmarks and analytics in the global capital and commodity markets, oﬀering deep data and insights on critical business factors including ESG. The Company’s divisions include S&P Global Ratings, S&P Global Market Intelligence, S&P Dow Jones Indices and S&P Global Platts. S&P Global has approximately 21,000 employees in 35 countries. For more information visit www.spglobal.com.
For S&P Global’s ESG offerings and thought leadership visit: https://www.spglobal.com/en/who-we-are/corporate-responsibility/esg
About S&P Global Market Intelligence
At S&P Global Market Intelligence, we know that not all information is important—some of it is vital. We integrate financial and industry data, research and news into tools that help clients track performance, generate alpha, identify investment ideas, understand competitive and industry dynamics, perform valuations and assess credit risk. Investment professionals, government agencies, corporations and universities globally can gain the intelligence essential to making business and financial decisions with conviction.
S&P Global Market Intelligence is a division of S&P Global (NYSE: SPGI). For more information, visit www.spglobal.com.