Providing tools for sustainable investments while minimizing our own footprint.

We’re always thinking about how we can reduce our own environmental impact, but supporting world-wide sustainability is also an essential business imperative at S&P Global. Companies and shareholders want to invest in sustainable businesses; we want to help by offering clients the independent data, analytics and benchmarks that deliver insights and transparency. Our expanding suite of ESG (environmental and social governance) products and services help people identify how they can invest in ways that support global, long-term change across a wide range of industries and markets.

The facts:

The market for sustainable investments is growing.

  • Increase from 2012-2014: 76% to $6.6 trillion in the U.S. 33% to €9.9 trillion in Europe
  • Of $6.6 trillion U.S. social responsibly investment in 2014, 74% was made up of ESG-related investments

A broad and growing range of ESG-related indices pinpoint specific investments, from green bonds and carbon efficiency to long-term value creation. Our ratings reveal how ESG performance can affect the creditworthiness of a company or a country, and we publish research on sustainability issues such as the financial risks of climate change. We look outward, working through organizations like the UN Principles for Responsible Investment to bring together ratings forums around the world to discuss ESG investing; and we look within—we’re proud to have reduced energy use in our own offices by 22% since 2013.

Driving Sustainable Markets

As the capital and commodities markets increasingly incorporate and value sustainability and transparency, we continue to expand our business’ sustainable product offerings and leverage our thought leadership related to climate change. This past year, S&P Global Ratings expanded its environmental research—exploring the rapid growth of the green bond market and the financial impact of climate change. S&P Global Dow Jones Indices also launched several new products including the S&P Green Bond Index and the S&P/TSX 60 Environmental, Social and Governance Index.

Our commitment to driving sustainable markets is demonstrated through our collaborative efforts with various environmentally focused organizations and projects such as:

We also work with the United Nations Environment Programme’s Finance Initiative to engage, inform and guide policymakers, financial market participants and other stakeholders on the financial system’s potential for shaping the future economy and contributing to creating responsible and sustainable markets. S&P Global Ratings is an active participant and also supports the associated Cities Climate Finance Leadership Alliance.

Our Footprint

Facilities

The majority of S&P Global’s greenhouse gas (GHG) emissions originate from our offices and data centers. While we do track all of our emission sources—including travel, operations and production—we focus the vast majority of our sustainability efforts on our facilities.

Green Buildings

S&P Global’s Real Estate Services department is responsible for worldwide real estate and construction activities. S&P Global continually assesses our portfolio with sustainability in mind and implements programs to shrink our environmental footprint around the world. A large number of our buildings have now been LEED and Energy Star rated.

Supply Chain Environmental Impacts

S&P Global’s Supplier Code of Conduct formally outlines our expectations for suppliers across a variety of areas, including environmental performance, labor and health and safety. We set high standards for our suppliers’ sustainability performance and work closely with them in order to reduce environmental impacts in our supply chain.

Targets & Performance

In 2013, following the sale of McGraw-Hill Education and transition from The McGraw-Hill Companies to McGraw Hill Financial (renamed to S&P Global in 2016), we re-assessed our environmental strategy and set new environmental performance targets specific to our new business. S&P Global’s targets have a 2013 baseline and relate to greenhouse gas (GHG) emissions, waste and paper use.


Environmental Performance Targets

In 2015, S&P Global’s Scope 1, 2 and 3 GHG emissions received third-party assurance from Trucost, a global environmental analysis firm. The evaluation assessed the accuracy of the data processes and systems that S&P Global uses to collect environmental data. The data was verified against the AA1000 assurance standard. Click here to view the assurance letter.

The following chart provides comprehensive environmental data for S&P Global’s pre and post transition from The McGraw-Hill Companies. As noted above, S&P Global’s baseline year is 2013.

2013
baseline
2014
goals*
2016
goals*
2018
goals*
Scope 1 and Scope 2 GHG emissions
64.2
thousand tCO2e
-15% 
Recycled Paper content
40%
 
Maintain
current %
Paper Use
148
tons
 
Maintain
current %
-15% 
*from 2013 baseline
Metrics
Units
2009
2010
2011
2012
2013 (baseline)
2014
2015
Scope 1 and 2 Energy
MWh
352,000
340,000
327,000
278,000
182,533
120,144
116,523
Scope 1 and 2 Energy Costs
US $
16,908,000
19,531,000
20,968,000
13,994,000
15,022,475
9,616,691
8,850,911
Scope 1 and 2 GHG Emissions
t CO2e
146,648
131,252
129,304
113,324
64,218
50,579
50,399
Scope 3 GHG Emissions
t CO2e
58,915
62,343
54,525
45,677
11,362
10,219
17,611
Total GHG Emissions (Scopes 1-3)
t CO2e
205,563
193,594
183,829
159,001
75,580
60,798
68,010
Water Consumption
gallons
69,691,000
103,334,000
68,575,000
63,535,000
49,739,549
44,594,960
47,870,847
Recycling
short tons
2,930
3,175
3,105
2,888
3,919
4,954
1,635
Recycling Percentage
%
79
51
64
67
46
44
39
Composting
short tons
28
196
141
Waste to Landfill
short tons
801
3,023
1,736
1,407
4,553
6,409
2,614
Waste to Landfill Percentage
%
21
49
36
33
54
56
61
Office Paper Purchased
short tons
378
336
277
195
148
121
103