S&P Global
Carbon footprint
Primary Climate Goal
S&P Global aims to reduce Scope 1 + 2 by 25% by 2025 from a base year 2019
This target is most likely outdated and the company appears to have already achieved it
Secondary Climate Goal
S&P Global aims to achieve net zero for all Scopes by 2040
GHG emissions and Carbon intensity
S&P Global reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2020 at 19 Kt (-12 /-38.2% y-o-y).
S&P Global's Scope 3 emissions surged to 219 Kt (
The company is committed to reducing Scope 1 + 2 by 25% by 2025 from a base year 2019, which it appears to have already achieved as of 2020. This science-based target is aligned with Paris Agreement to limit global warming to 1.5°C above pre-industrial levels.
Also, the company commits to achieving net zero for all Scopes by 2040, which translates into the estimated reduction of -12 Kt per annum over the period of FY2021 - FY2040. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.