Difference between revisions of "S&P Global"

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[[Category: Anti-Black Racism in Business]]

Latest revision as of 14:59, 2 February 2021

S&P Global logo

S&P Global Inc. (prior to April 2016 McGraw Hill Financial, Inc., and prior to 2013 McGraw–Hill Companies) is an American publicly traded corporation headquartered in Manhattan, New York City. Its primary areas of business are financial information and analytics. It is the parent company of S&P Global Ratings, S&P Global Market Intelligence, and S&P Global Platts, CRISIL, and is the majority owner of the S&P Dow Jones Indices joint venture. "S&P" is a shortening of "Standard and Poor's".[1]

S&P Global has been turning information into insights, providing essential intelligence that accelerates progress in our ever-changing world. They deliver data, research, credit ratings, benchmarks and ESG solutions that governments, companies and individuals depend on to make decisions with conviction. With every index, every rating, every price assessment, analytic model and valuation, They provide the intelligence people need to make the right decision.[2]

S&P Global now organizes its businesses in four units based on the market in which they are involved, which are S&P Global Ratings, S&P Global Market Intelligence, S&P Dow Jones Indices and S&P Global Platts.

Actions to combat racism and discrimination

S&P Global President and CEO Doug Peterson shares a statement after the horrific death of George Floyd in Minneapolis. He mentioned that S&P Global have no tolerance for racism or discrimination of any sort. They put their people first and live and demonstrate their core values.[3]

S&P Global has committed to accelerating progress through the following actions:

  • leading courageous conversations with employees across teams to develop greater understanding around issues of racial justice
  • expanding our full-time staff devoted to advancing Diversity & Inclusion
  • doubling our financial investments in D&I initiatives and Employee Resource Groups (ERGs)
  • expanding existing inclusion training globally to address bias and microaggressions; and contributing USD $1M via the S&P Global Foundation to non-profit organizations that support equity and racial justice.

In 2018, the Company added a D&I metric to its strategic goals to track performance, and the global D&I Council leads and governs all such efforts across the enterprise.[4]

References

  1. S&P Global. Wikipedia. Retrieved Feb 2, 2021.
  2. We are S&P Global.. S&P Global. Retrieved Feb 2, 2021.
  3. A statement from S&P Global President and CEO Doug Peterson. S&P Global. Retrieved Feb 2, 2021.
  4. Plumhoff, Katherine. How 15 Companies Are Working to Be Anti-Racist. August 24, 2020. powertofly.com. Retrieved Feb 2, 2021.