S&P Global Surpasses 5-year Environmental Performance Goals
Lowers paper use by more than 3x target, doubles reduction in greenhouse gas emissions target
NEW YORK and LONDON, July 22, 2019 /PRNewswire/ -- S&P Global (NYSE: SPGI) has published its Environmental Performance 2018 report, marking significant progress in the Company's sustainability goals. S&P Global has reduced its paper use by 70% and its greenhouse gas emissions (GHG) by 30% since 2013, beating its 5-year target of a 15% reduction per metric.
S&P Global's 2018 environmental numbers also highlight an increase in the Company's recycling to 61%, beating the 50% target set in 2013, the baseline year.
Douglas L. Peterson, S&P Global President and Chief Executive Officer, says: "Promoting a sustainable future is a key priority for S&P Global. I'm proud of the excellent progress we've made to far exceed our environmental targets and thank our 21,000 people around the globe for their enduring commitment to building a better future for everyone."
The S&P Global Environmental Performance 2018 report also shows:
- A reduction in the Company's Scope 1 & 2 GHGs due to an introduction of initiatives like the expansion of buildings that are ISO 14001 Environmental Management Certified. Seven of the Company's offices have achieved the ISO 14001 Certificate, covering nearly half the S&P Global employee base.
- Eighteen major S&P Global facilities are energy-efficient certified, including 11 LEED® Certified™ buildings.
- The Company's investments in low carbon initiatives such as wind farms helped to reduce business travel emissions (Scope 3) to zero, earning the official CarbonNeutral Business Travel Certification.
Mr. Peterson notes, "In 2019, we continue with our commitment to make progress on our sustainability goals and have embraced new initiatives including a program to reduce single-use items in our offices globally. We look forward to the progress this year and beyond."
Notes to Editors
About S&P Global:
S&P Global is a leading provider of transparent and independent ratings, benchmarks, analytics and data to the capital and commodity markets worldwide. The Company's divisions include S&P Global Ratings, S&P Global Market Intelligence, S&P Dow Jones Indices and S&P Global Platts. S&P Global has approximately 21,000 employees in 33 countries. For more information, visit www.spglobal.com.
Media Contact
S&P Global
Tahmina Mannan, Enterprise Communications
+44 (0) 207 176 0108
[email protected]
SOURCE S&P Global
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