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S&P Global Inc.

Service Providers Framework 2019

You are in Strategy and Governance » Policy on ESG beliefs

Policy on ESG beliefs

SG 01. Responsible investment policy

01.1. Describe how your organisation’s philosophy incorporates environmental, social and governance factors, and the link to your business offerings.

For over a decade, S&P Global has provided a diverse range of products and services that serve the growing sustainability marketplace and policy makers. Our offerings measure environmental and social impacts, climate resilience and corporate governance to help investors, corporations, governments and other market participants as they assess long-term value and financial performance in line with sustainability goals.

To power these markets of the future, our business divisions increasingly collaborate to harness leading edge technology and innovation and support ESG market demand. For example, the data capabilities of Trucost support S&P Global Ratings’ new Green Evaluations tool.

In early 2018, we took this to the next level by launching a cross-divisional ESG Design Team. Its purpose is to identify further strategic ESG opportunities, coordinate market and product development across our divisions and solidify S&P Global’s position as a trusted provider. The team will also advise on partnerships and potential acquisitions.

01.2. Indicate whether you have policies that formalise the incorporation of your ESG beliefs in your business offerings.

01.5. Additional information [OPTIONAL]

We do not have a formal policy, however we do have the following:

  • Formalised guidelines on environmental factors
  • Formalised guidelines on social factors
  • Formalised guidelines on corporate governance factors
  • Formalised guidelines on engagement approach

These are put into practice internally across the company through:

  • Regular employee training on RI/ESG
  • Remuneration linked to achieving ESG objectives
  • Annual performance incentives

SG 02. Norms used to develop policies (Not Applicable)


SG 03. Policy offerings to clients

03.1. Indicate whether you offer standard, off the shelf, policies to clients as part of your product offerings, and/or whether you create tailored versions for individual clients.

Off the shelf
Tailored
Asset class-specific RI guidelines
Sector-specific RI guidelines
Screening/exclusions policy
Engagement policy
(Proxy) voting policy
RI guidelines set out within the Investment Policy Statement (IPS)
RI guidelines set out in a freestanding RI policy
Multi-year RI implementation project plan
Conflict of interest management policy
Stockbroker allocation policy
Securities lending policy
Other, please specify (1)
Other, please specify (2)
Other, please specify (3)
None of the above

03.3. Additional information. [OPTIONAL]


SG 04. ESG/RI in business offerings (Not Applicable)


SG 05. Outsourcing of services (Private)


SG 06. Providing training/education

06.1. Indicate whether you provide training/educational services on ESG/RI. Tick all that apply.

06.2. Describe the main components of your training/educational services on ESG/RI and any variations depending on the group you provide training/education to.

Interpreting and applying ESG data, analytics and tools through services such as workshops, webinars, events  & knowledge sharing committees.

06.3. Describe whether these training/educational services include any commercial elements.

          In some cases, for S&P Global Dow Jones Indices, a training workshop can be a component of a commercial offer but this is quite rare.
        

06.4. Additional information. [OPTIONAL]


SG 07. Applying, advancing and promoting the PRI principles

07.1. Describe how your organisation applies, advances and promotes the PRI Principles.

  1. We enable practitioners to incorporate ESG issues into investment analysis, decision making and ownership with data, analytics, benchmarks and tools.
  2. Since 1999 we have been encouraging companies to disclose environmental performance data in a way that is suitable for investment decision making – today we provide environmental performance data representing 99% global market capitalization.
  3. We are members of industry working groups to advance ESG progress including the EU High Level Expert Working Group on Sustainable Finance, the World Bank Carbon Pricing Initiative and the Climate Bonds Initiative Working Group.
  4. We deliver an extensive events and thought leadership program to inform market participants on the benefits and practicalities of integrating ESG issues in strategies.

07.2. Highlight whether there are any ways that your organisation would like to engage further with the PRI. [OPTIONAL]


SG 08. Actions taken to promote responsible investment

8.1. Indicate which of the following actions your organisation has taken to promote responsible investments during the reporting year, independently of collaborative initiatives.

8.2. Additional information. [OPTIONAL]


SG 09. Long term trends

09.1. Indicate which of the following long-term trends are addressed in your product outputs.

09.2. Explain how this long-term trend affects your product outputs.

We are continually evolving our data, analytics, benchmarks and tools to provide deeper insights on long term trends for integration in investment strategies.

09.2. Explain how this long-term trend affects your product outputs.

We are continually evolving our data, analytics, benchmarks and tools to provide deeper insights on long term trends for integration in investment strategies.

09.2. Explain how this long-term trend affects your product outputs.

We are continually evolving our data, analytics, benchmarks and tools to provide deeper insights on long term trends for integration in investment strategies.

09.2. Explain how this long-term trend affects your product outputs.

We are continually evolving our data, analytics, benchmarks and tools to provide deeper insights on long term trends for integration in investment strategies.


SG 10. Interaction with asset owners (Not Applicable)


SG 11. Aligning approach with investor goals

11.1. Describe how you typically align your organisation’s philosophy and approach to ESG/RI with your investor clients’ goals.

11.2. Additional information. [OPTIONAL]


SG 12. ESG recommendations not aligned with investor goals

12.1. Describe what steps you take, if any, when your ESG recommendations are not in line with your investor clients’ goals.

12.2. Additional information. [OPTIONAL]


SG 13. Seeking feedback from clients

13.1. Indicate whether you seek feedback from clients on your RI/ESG services and product offerings

13.2. Describe how you use this feedback in your RI/ESG services and product offerings.

Market feedback is used in the product development process and continually to ensure we provide intelligence which is essential for the markets. Feedback is also used to strengthen research and explore new topics.


SG 14. Managing conflicts of interest

14.1. Indicate whether your organisation has a policy for managing potential conflicts of interest.

14.2. Describe how you manage potential conflicts of interest.

To ensure we manage potential conflicts of interest we have policies in place. Our global Code of Business Ethics covers related issues. It is mandatory for all employees to participate in training and reaffirm their understanding annually. We also have ethics policies specific to our business. For example,  For S&P Global Ratings please click the following:

https://www.standardandpoors.com/ru_RU/delegate/getPDF?articleId=2001716&type=COMMENTS&subType=REGULATORY

14.3. Describe how you ensure that company employees do not derive any personal gain from the use of information collected during your work process.

We ensure this by implementing rigorous policies to avoid potential conflicts of interest with mandatory training and adherence.

14.4. Additional information. [OPTIONAL]


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