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.
In 2022, we continued to promote transparent capital and commodity markets through leading or participating in a variety of public initiatives and discussions. Key activities included the following:
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 company’s 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 AmCham EU. We monitor all memberships for consistency, transparency and alignment with our core values and policy positions.
The Board of Directors receives periodic presentations on the political activity and policies of the company, with additional reports as events may require.
2022 expenses related to
federal lobbying
2022 contributions to trade
associations or tax-exempt groups
2022 S&P Global PAC contributions
to candidate campaign committees
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 related to ESG, 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 creation of the ISSB to deliver a comprehensive global baseline of sustainability-related disclosure standards, and we continue to actively contribute our views and engage in public consultation in support of its work.
