Policy Influence and Transparent Engagement

S&P Global believes an essential part of responsible corporate citizenship is constructive engagement with public policy. We engage with policymakers and regulators on issues affecting our global business strategy and the development of transparent and effective financial markets. Key policy topics we focus on include ESG, securities regulation, data and information policy, and trade policy.

Our Approach

We regularly meet with policymakers, regulators, and staff to discuss issues that directly affect our business. Conversely, staff and policymakers have sought briefings from our analysts and other experts on a variety of topics.

We make limited contributions via the S&P Global Inc. Political Action Committee (S&P Global PAC) to the campaigns of candidates for U.S. federal office who align with our business priorities and values. The S&P Global PAC is funded by voluntary contributions from eligible employees, and monthly reports of its receipts and disbursements are filed with the U.S. Federal Election Commission. Our Political Contributions and Payments Policy prohibits the use of corporate treasury funds for making direct contributions to candidates or political committees at the state or local level, as well as independent expenditure committees known as “super PACs.” The company has not contributed to local or state ballot measures or referendums.

S&P Global is an active participant in several trade associations, including the Institute for International Finance and the American Chamber of Commerce to the EU (AmCham EU). A list of all significant trade association memberships is available in the Appendix. We monitor all memberships for consistency, transparency and alignment with our core values and policy positions.

In 2023, we continued to promote transparent capital and commodity markets through engagement with regional and international bodies. Key activities included the following:

• Chaired AmCham EU’s dedicated Sustainable Finance Task Force, a cross-sectoral forum for advice and engagement with policymakers to support implementation of the EU’s Action Plan on Sustainable Finance.
• Continued our partnership with the UN Environment Programme World Conservation Monitoring Centre.
• Contributed thought leadership to the public policy debate to advance the work on the sustainable finance agenda at international forums, such as the World Economic Forum and CERAWeek by S&P Global.
• Engaged with the U.S. Commodity Futures Trading Commission in its effort to develop guidance for voluntary carbon markets.

ESG/Sustainability Policy and
Disclosure Engagement

S&P Global advocates for global harmonization and consistency of new regulations supporting the effective integration of ESG and sustainability in financial markets. Our efforts include providing relevant information and filing public comments to regulators and policymakers around the world. Our internal ESG Policy and Regulatory Working Group works with executives and subject matter experts to identify issues, develop positions and ensure that all policy engagement is consistent.

Our internal experts are active participants in key dialogues and initiatives including the Task Force on Climate-related Financial Disclosures, the Taskforce on Nature-related Financial Disclosures, the Commodity Futures Trading Commission’s Climate-Related Market Risk Subcommittee, and the SEC’s Asset Management Advisory Committee.

As a leading provider of sustainability data and analytics solutions, we believe in the importance of establishing globally consistent standards for high-quality, transparent, reliable and comparable ESG and sustainability disclosures by companies. Toward this end, we support the International Financial Reporting Standards (IFRS) Foundation and endorse the work of the International Sustainability Standards Board (ISSB) to develop and maintain a comprehensive global baseline of sustainability-related disclosure standards.

See data tables in Appendix.