S&P Global

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). Also positively, carbon intensity tumbled to 2.5 t (-2 /-44.4% y-o-y).

S&P Global's Scope 3 emissions surged to 219 Kt (+172/+366% y-o-y). The growth accelerated relative to the long-term trend (+57% CAGR) observed since 4Q'17.

The company has not set a company-wide target for an absolute reduction in GHG emissions yet.

S&P Global also has a science-based goal that, however, does not appear to explicitly target a company-wide reduction in emissions in absolute terms. S&P Global commits to reduce absolute scope 1 and 2 GHG emissions 25.2% by 2025 from a 2019 base year, equivalent to a 25% reduction per square foot. S&P Global also commits to reduce absolute scope 3 business travel GHG emissions 25% within the same timeframe. S&P Global further commits that 81% of its suppliers by spend covering purchased goods & services and capital goods will have science-based targets by 2025.