S&P Global Inc

Common Name
S&P Global
Country
United States
Sector
Financial Services
Industry
Financial Data & Stock Exchanges
Employees
42,350
Ticker
SPGI
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
S&P Global Inc. is a leading financial information and analytics company, providing essential intelligence for individuals, companies, and governments to make decisions with confidence. Its primary fu...

S&P Global's GHG Emissions Data Preview

In 2024, S&P Global completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

S&P Global has also provided a category-level breakdown for 10 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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0000000
Total Scope 2
Market-Based
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0000000
Location-Based
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0000000
Total Scope 3
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind S&P Global’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore S&P Global’s data sources below and access millions more through our Disclosure Search.

a. S&P Global's TCFD Report 2025
a. S&P Global's TCFD Report 2025
b. S&P Global's TCFD Report 2021
b. S&P Global's TCFD Report 2021

Insights into S&P Global's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of S&P Global amounted to 28,146 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a

Compared to 2023, the total operational greenhouse gas (GHG) emissions of S&P Global increased by 7.79%, suggesting that the company faced challenges in reducing its emissions from its core operations. a

S&P Global's Scope 1 Emissions Over Time

2020202120222023202409501.9 k2.85 k3.8 ktCO2e-51%+363%-47%+14%
  • Total Scope 1
  • Year-over-Year Change

What are S&P Global's Scope 1 emissions?

In 2024, the total Scope 1 emissions of S&P Global were 2,268 metric tons of CO₂ equivalent (tCO₂e). a

Compared to the previous year (2023), S&P Global's Scope 1 emissions increased by 14.37%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a

What are S&P Global's Scope 2 emissions?

In 2024, S&P Global reported Scope 2 greenhouse gas (GHG) emissions of 8,239 tCO₂e using the market-based method and 25,878 tCO₂e using the location-based method. a

Has S&P Global reduced its Scope 2 emissions over time?

Compared to the previous year (2023), S&P Global's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that S&P Global 's emissions have plateaued with no significant change in its energy consumption footprint. a

What methodology does S&P Global use for Scope 2 reporting?

In 2024, S&P Global reported its Scope 2 emissions using the market-based method and using the location-based method. a

S&P Global's Scope 2 Emissions Over Time

2020202120222023202406.5 k13 k19.5 k26 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into S&P Global's Value Chain Emissions

In 2024, S&P Global reported 447,142 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a

The 2024 disclosure of S&P Global includes a breakdown across 9 of the 15 Scope 3 categories defined by the GHG Protocol, down from 10 in 2023, indicating a decline in reporting granularity and reduced insight into the company's full value chain emissions. a

S&P Global's Scope 3 Emissions Over Time

20182019202020212022202320240150 k300 k450 k600 ktCO2e+669%-33%-9%+50%+15%+29%
  • Total Scope 3
  • Year-over-Year Change

What are S&P Global's Scope 3 emissions?

In 2024, S&P Global reported total Scope 3 emissions of 447,142 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 99.73% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0.27% came from downstream activities like product use, distribution, and end-of-life treatment. a

Has S&P Global reduced its Scope 3 emissions over time?

Since 2018, S&P Global's Scope 3 emissions have increased by 946.19%, reflecting a rising long-term trend in Scope 3 emissions over time. a b

Compared to the previous year (2023), S&P Global's Scope 3 emissions increased by 29.12%, suggesting that the company faced challenges in reducing emissions across its value chain. a

What categories of Scope 3 emissions does S&P Global disclose?

In 2024, S&P Global reported emissions for 9 out of the 15 Scope 3 categories defined by the GHG Protocol. a

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of S&P Global's Scope 3 emissions?

In 2024, the largest contributors to S&P Global's Scope 3 emissions were: a

  • Purchased Goods and Services (Cat. 1): 340,987 tCO₂e (76.26%)
  • Business Travel (Cat. 6): 58,699 tCO₂e (13.13%)
  • Capital Goods (Cat. 2): 23,037 tCO₂e (5.15%)

S&P Global's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(76.3%)Capital Goods(Cat. 2)(5.2%)Business Travel(Cat. 6)(13.1%)

Insights into S&P Global’s GHG Emissions Intensity Compared to Industry Peers

In 2024, S&P Global reported Scope 1 greenhouse gas (GHG) emissions of 2,268 tCO₂e and total revenues of USD 14,211 millions. This translates into an emissions intensity of 0.16 tCO₂e per millions USD. a

S&P Global's Scope 1 Emissions Intensity Compared to Peers

202002,00010,000100,000Scope 1 Emissions (tCO2e)5002,0005,00020,000100,000Revenues (Millions of USD)NasdaqYear: 2024Scope 1: 79 tCO2eRevenue: $M 7,383Scope 1 Intensity: 0.01 tCO2e/$MCharles SchwabYear: 2022Scope 1: 8,409 tCO2eRevenue: $M 20,763Scope 1 Intensity: 0.41 tCO2e/$MCME GroupYear: 2024Scope 1: 240 tCO2eRevenue: $M 6,122Scope 1 Intensity: 0.04 tCO2e/$MCapital One FinancialYear: 2023Scope 1: 8,610 tCO2eRevenue: $M 36,779Scope 1 Intensity: 0.23 tCO2e/$MApollo Global ManagementYear: 2024Scope 1: 1,231 tCO2eRevenue: $M 26,136Scope 1 Intensity: 0.05 tCO2e/$MHartford Insurance GroupYear: 2023Scope 1: 6,767 tCO2eRevenue: $M 24,333Scope 1 Intensity: 0.28 tCO2e/$MIntercontinental ExchangeYear: 2024Scope 1: 5,212 tCO2eRevenue: $M 11,760Scope 1 Intensity: 0.44 tCO2e/$MMoody'sYear: 2024Scope 1: 641 tCO2eRevenue: $M 7,091Scope 1 Intensity: 0.09 tCO2e/$MPayPal HoldingsYear: 2024Scope 1: 2,100 tCO2eRevenue: $M 31,818Scope 1 Intensity: 0.07 tCO2e/$MLPL Financial HoldingsYear: 2023Scope 1: 893 tCO2eRevenue: $M 10,056Scope 1 Intensity: 0.09 tCO2e/$MTruist FinancialYear: 2024Scope 1: 13,382 tCO2eRevenue: $M 13,278Scope 1 Intensity: 1.01 tCO2e/$MFactset Research SystemsYear: 2023Scope 1: 3,815 tCO2eRevenue: $M 2,085Scope 1 Intensity: 1.83 tCO2e/$MKKR & CoYear: 2022Scope 1: 786 tCO2eRevenue: $M 5,567Scope 1 Intensity: 0.14 tCO2e/$MMSCIYear: 2023Scope 1: 136 tCO2eRevenue: $M 2,528Scope 1 Intensity: 0.05 tCO2e/$MVisaYear: 2023Scope 1: 10,300 tCO2eRevenue: $M 32,657Scope 1 Intensity: 0.32 tCO2e/$MCboe Global MarketsYear: 2024Scope 1: 81 tCO2eRevenue: $M 4,091Scope 1 Intensity: 0.02 tCO2e/$MMastercardYear: 2024Scope 1: 2,962 tCO2eRevenue: $M 28,156Scope 1 Intensity: 0.11 tCO2e/$MAflacYear: 2024Scope 1: 2,850 tCO2eRevenue: $M 19,128Scope 1 Intensity: 0.15 tCO2e/$MBlackRockYear: 2023Scope 1: 6,689 tCO2eRevenue: $M 17,861Scope 1 Intensity: 0.37 tCO2e/$MMorningstarYear: 2024Scope 1: 239 tCO2eRevenue: $M 2,274Scope 1 Intensity: 0.11 tCO2e/$MTransUnionYear: 2024Scope 1: 286 tCO2eRevenue: $M 4,181Scope 1 Intensity: 0.07 tCO2e/$MPNC Financial Services GroupYear: 2022Scope 1: 32,100 tCO2eRevenue: $M 21,114Scope 1 Intensity: 1.52 tCO2e/$MAmerican International GroupYear: 2024Scope 1: 8,258 tCO2eRevenue: $M 27,272Scope 1 Intensity: 0.30 tCO2e/$MReinsurance Group of AmericaYear: 2024Scope 1: 422 tCO2eRevenue: $M 21,979Scope 1 Intensity: 0.02 tCO2e/$MS&P GlobalYear: 2024Scope 1: 2,268 tCO2eRevenue: $M 14,211Scope 1 Intensity: 0.16 tCO2e/$M

How does S&P Global's GHG emissions intensity compare to its peers?

In 2024, S&P Global reported a Scope 1 emissions intensity of 0.16 tCO₂e per millions USD. Compared to the peer group median of 0.12 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

Where does S&P Global rank on GHG emissions intensity within its industry?

In 2024, S&P Global ranked 15 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

S&P Global is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a

Insights into S&P Global's Total Carbon Footprint

In 2024, S&P Global reported a total carbon footprint of 475,288 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 27.62% increase compared to 2023, suggesting a rise in emissions across its operations or value chain. a

The largest contributor to S&P Global's total carbon footprint was Scope 3 emissions, accounting for 94.08% of the company's total carbon footprint, followed by Scope 2 emissions at 5.44%. a

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