S&P Global

Financial Exchanges & Data

SPGI

$ 358 0.14

Share price

$ 117 bn

Market Cap

$ 130 bn

Enterprise Value

Carbon footprint

GHG emissions per $ 1 mln investment

0x the weighted average for S&P 500

FY2021

Primary Climate Goal

Proj. YOY change in GHG emissions (Scope 1 + 2)

FY2022

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This target is most likely outdated and the company appears to have already achieved it

1.5°C

Secondary Climate Goal

Proj. YOY change in GHG emissions (all Scopes)

Weaker than the -7% weighted average for S&P 500

FY2022

S&P Global aims to achieve net zero for all Scopes by 2040

This target has not been verified as science based according to SBTi

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 2021 at 13 Kt (-5.7 /-30.1% y-o-y).

S&P Global's Scope 3 emissions was down at 216 Kt (-4.2 /-1.9% y-o-y). The rate of decline has slowed vs. the previous periods (CAGR -13.1% since 4Q'19).

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 2021. 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 FY2022 - FY2040. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Date	Total CO2e emissions (market-based Scope 1 & 2) (Kt)	Scope 1	Scope 2	Scope 3	Revenue (USDm)	Carbon intensity (tons of CO2e) / (USDm)
2021Q4	13	0.8	12	216
2020Q4	19	1.6	17	220
2019Q4	30	3.6	27	329
2018Q4	30	3	27	0
2017Q4		2.4		36