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Overview

S&P Global’s purpose – to Accelerate Progress – highlights our ambition to unlock value not only for our customers and shareholders, but for all stakeholders. This includes being mindful of the direct or indirect impacts and influence we may have on communities and economies throughout the world. Through our core business as well as community engagement and philanthropic efforts, we seek to power thriving, global communities with greater opportunity for all.

This material topic covers S&P Global’s role in developing and delivering products and services that benefit markets and the global economy. Our solutions to address the energy transition and other sustainability challenges are an important element. This topic also includes our role in employing people worldwide, procuring goods and services, and philanthropic giving and volunteerism.

Focus Areas

Supporting economic development through our products and data, employment and procurement, among other areas.  

Building resilient communities through philanthropy and volunteerism.

Connecting our knowledge and skills with the needs of society.

2024 Highlights

Made 6,025 external hires and directed around $3 billion of supply chain spending.

The S&P Global Foundation extended $11.9 million in grants to support our Foundation priorities, up from $10.6 million last year.

Our people volunteered 69,936 hours and S&P Global matched $5.8 million in employees’ charitable giving.

Our Approach

Our approach to community and economic impact is multifaceted, combining the work of our business and Foundation, and focusing on both our basic responsibilities and the unique opportunities we have to make a positive impact in the world. This reflects not only the central importance of this topic for our company and stakeholders, but also its intersectionality with many other issues and topics addressed in this report.

In this section, we highlight how we enable community and economic impact – in partnership with key stakeholders – through three key channels:

  • Powering Global Markets includes how we think about our role in supporting our customers and enabling efficient, effective markets worldwide.
  • Local Economic Development includes how our workforce and supply chain investments, as well as the value we create and distribute as a business, contribute to economic development and prosperity for individuals and communities.
  • Community Impact includes how we leverage our resources and skills to help address societal needs and make a positive difference in our communities.

 

In all cases, we are guided by our purpose to accelerate progress and our values of discovery, partnership and integrity, with leadership and oversight from the Executive Leadership Team and Board.

Powering Global Markets

S&P Global’s history of economic impact stretches all the way back to 1860, when one of our founders began supplying investors with data about the biggest and most radical innovation of that time – the railroad. Then as now, the analysis and tools that S&P Global provides play an essential role in helping economies to advance and markets to grow. By helping our customers identify risk and uncover opportunities, we help facilitate the efficient flow of capital toward investments that provide vital resources and services, spur innovation, create jobs and more. Our data and insights help businesses and governments develop smarter strategies and make critical decisions that move the world forward, including on critical challenges like the energy transition, climate change, supply chain management and economic growth.

We believe these effects represent the largest and most important impact we have as a company, and we take seriously our responsibility to manage our business accordingly.

For more details on S&P Global’s history, strategy and business results, see our most recent Annual Report Form 10- K and Investor Fact Book. For more information on how we are shaping our products and services to help drive positive impact, see  Sustainability Products & Data and Responsible Products and Marketing.

Local Economic Development

S&P Global recognizes the important role we play in creating economic value in the communities where we operate, including through the jobs and wages we provide to employees, the products and services we buy from suppliers, the taxes we pay to governments, and the profits we generate and distribute to investors. Contributing to economic development and prosperity for our stakeholders can also translate into long-term value for our business – for example, by driving higher levels of education, innovation and investment that further propel economic growth.

With a global workforce of 42,000-plus individuals working in our offices and remotely across 43 countries, S&P Global touches thousands of communities each day. In addition to competitive pay and benefits, we strive to provide our people with industry-leading knowledge, skills and development opportunities that can help them grow their career and support the wellbeing of their families and communities over the long term. For more information, see Talent Attraction and Development. For a breakdown of employees by country, see the Appendix.

S&P Global also supports community and economic development through our relationships with suppliers. In 2024, the company spent around $3 billion with approximately 11,600 direct suppliers, helping them provide jobs and wages to their employees and further invest in their businesses and communities. For more on our approach to supply chain management, see Responsible Sourcing and Supply Chain Management.

The taxes we pay as a company can help fund essential public services such as education, healthcare, infrastructure and public safety, which are crucial for economic and community development.

Community Impact

Community impact is core to our purpose at S&P Global. We focus our efforts on connecting our philanthropic funding, knowledge and skills with the needs of society and global sustainable development priorities. By giving their time and talent, our employees demonstrate how they are making a difference in communities around the world.

Philanthropy at S&P Global

S&P Global accelerates progress. Our philanthropic funding helps drive the development of inclusive and resilient economies.

2024 Community Investment*


*The breakdown does not include $1.1M through the India CSR Fund. See data for the years 2022-2024 in the in the Community Investment table in the Appendix.

S&P Global Foundation

The S&P Global Foundation is the keystone of our philanthropic efforts. In 2024, we extended $11.9M in grants to 70 grant partners.

In 2024, the S&P Global Foundation launched a multi-year, $5 million grants program, selecting two Signature Grant Partners: Girls Who Code and Conservation International. Each will receive $2.5 million over the next five years. Signature Grants are designed to support sustained capacity building to bring about strategic and transformative impact.

Other areas of the Foundation’s support in 2024 included:

  • Responding with disaster relief grants to aid with major disasters in locations where we have a significant employee presence.
  • Providing value beyond philanthropy to key nonprofit grant partners through knowledge sharing and skillsbased volunteerism.

To support our philanthropy for the long term, the Foundation:

  • Became fully invested in the $200 million endowment received from S&P Global in 2022.
  • Established key impact outcomes aligned to evidencebased standards, enabling portfolio-level reporting and assessment of progress toward its strategic grantmaking goals.
  • Strengthened governance through committee meetings, professional development, and technical assistance from Finance, Treasury and Legal.

 

S&P Global Foundation Giving

impact2


See data for the years 2022-2024 in the Community Investment table in the Appendix.

S&P Global Foundation Board Demographics (as of May 2025)

impact

Girls Who Code (United States)

Girls Who Code makes tech education, particularly on emerging technologies such as AI and cybersecurity, available to young people at scale. With support as one of the S&P Global Foundation’s inaugural Signature Grant Partners, Girls Who Code will engage more than 658,000 students in its programs over five years.

In 2024-2025, Girls Who Code planned to engage 114,000 students through its recruitment support (e.g., hiring summit, résumé review and interview prep), exposure to the work world (e.g., Industry Immersion Day, panel discussions and workshops with corporate partners) and technical skills training.

Conservation International (Global)

With support from the S&P Global Foundation and other partners, Conservation International is restoring freshwater ecosystems in environmentally significant landscapes. Its actions are focused on promoting climate resilience for populations highly vulnerable to climate-related threats in each project landscape:

  • In the Great People’s Forest of the Eastern Himalayas: Working to restore and protect 1 million hectares of forest by 2030 in partnership with communities and organizations in Nepal, Bhutan, Bangladesh and India.
  • In Mexico City’s Xochimilco wetlands: Partnering with the Universidad Autónoma de México and local communities to improve water quality, re-establish natural water flow, improve flood control, enhance biodiversity habitat and restore traditional agricultural practices.
  • In the Great Limpopo Transfrontier Conservation Area, spanning parts of South Africa, Mozambique and Zimbabwe: Developing scalable models for community-driven natural climate solutions, including implementation of climate-smart agricultural techniques for smallholder crop farmers.

 

India CSR Fund Targets Sustainable Impact

Through our India Corporate Social Responsibility (CSR) Fund, S&P Global partners with nongovernmental organizations to meet local community needs. Among these partnerships, we worked with the Gujarat Rajya Gram Vikas Samiti to support the Nari Gruh Centre for the Rehabilitation of Mentally Challenged and HIV Positive Women in Ahmedabad. The facility provides new life and hope to more than 65 women from Gujarat and neighboring states.

Through our funding, we made significant improvements to Nari Gruh’s living environment for residents. Key upgrades include revitalizing the garden areas, adding furniture in the dining area, replenishing mattresses and waterproof covers, and installing a television.

In total, the India CSR Fund provided $1.1M in grants in 2024. See the 2024 India CSR annual report for more information.

Arts and Culture

Recognizing that arts and culture are essential components to thriving communities, S&P Global is a longtime supporter of organizations that contribute to the vibrancy of the communities where our people live and work. Our Arts & Culture program consists of partnerships with more than more than 20 renowned organizations across the United States and United Kingdom, including the Whitney Museum of American Art in New York and the Denver Museum of Nature and Science. S&P Global colleagues and their guests can enjoy the cultural and enrichment experiences, while our support helps sustain these key community and cultural organizations in promoting local arts and culture.

2024 Support for Employee Giving

Matching Gift Program

$5,000

Annually

Individual Voluteer Grants

$500

Per 25 hours

Team Voluteer Grants

$1,500

Per project

Give Back Days

40

Hours

Growth in Volunteering

In 2024, engagement in our volunteer gifts programs increased significantly, with the number of volunteer hours up 129%. The increase was driven in part by involvement in our inaugural Global Volunteer Week and a spike in participation in Earth Day activities.

2024 Matching Gift

2,762  (+2%)

Number of employees

$5.8M (+23%)

Total matched amount

3,894 (+11%)

Number of nonprofits supported

People Engagement and Volunteerism

We are committed to creating opportunities for our people to apply their time, talent and expertise in support of local communities.

Around the world, local colleagues act as champions, engaging their peers to participate in workplace and community impact programs. Increasingly, our people are using their unique professional skills and experience in areas including STEM and finance to have a greater impact in the communities we serve.

In 2024, we introduced our first Global Volunteer Week , which engaged 4,972 colleagues in 279 events across our global regions. Our first-ever spring and winter S&P Global Gives 2:1 Matching Campaigns reinforced the impact of our employees’ year-round giving through one-to-one corporate matched donations. We also introduced Welcome Donation Credits, a $25 credit for new joiners at S&P Global to donate to an eligible cause of their choice, a way of familiarizing them with our donation and volunteering platform.

S&P Global and S&P Global Foundation offer a range of programs to support our people in making a difference in the community:

  • Matching Gift Program: Dollar-for-dollar match for employees’ personal contributions up to $5,000 per calendar year to eligible nonprofit organizations.3
  • Essential Impact Program:
    • The Individual Volunteer Grants program awards $500 per calendar year to any eligible organization with which an employee volunteers for a minimum of 25 hours.
    • The Team Volunteer Grants program extends $1,500 of funding support per volunteer project with five or more employee volunteers. The funding goes directly to the nonprofit organization, to support expenses related to the volunteer project.
  • Global Volunteer Week Grant: During our annual event, Team Volunteer Grants are increased up to $3,500, awarded directly to the nonprofit organization.
  • Give Back Days: All eligible colleagues receive 40 hours of paid volunteer time off per calendar year.

Through volunteering, our people have the opportunity to network with colleagues, connect with purpose and enhance their wellbeing.

3 Information on the Matching Gift Program for our Executive Leadership Team and Directors is disclosed in our 2025 Proxy Statement.

2024 Employee Volunteerism

Number of Volunteers

9,176 (+131%)

Number of Cities Globally

90 (+18%)

Number of Countries

36 (+16%)

Nonprofits Supported Through Volunteerism

740 (+40%)

See data for the years 2022-2024 in the Employee Engagement table in the Appendix

Number of Volunteer Hours

69,936 (+129%)

87% 

(unchanged from 2023)

Employees who said, “I feel good about the ways we contribute to the community.” (VIBE Annual Survey)

CoRe and Green Teams

Through their actions and initiatives, our Corporate Responsibility (CoRe) and Green teams create a culture of volunteer service and environmental consciousness across our global offices. As of year-end 2024, we have 122 CoRe Team Leaders serving in 31 countries, and 114 Green Team Leaders serving in 26 countries.

Throughout 2024, the CoRe and Green teams partnered with nonprofit organizations on a range of projects to drive local community impact. The teams demonstrated their collective impact for Earth Day in April when they rallied 952 colleagues to volunteer 3,300 hours through 53 projects focused on climate action. In Pakistan, our people installed a water filtration system to provide clean water to a rural village of about 5,000 residents. In Poland, volunteers dedicated 140 hours to support park conservation, while in India, volunteers handcrafted more than 8,000 seed balls to benefit the local ecosystem. Through these projects, our CoRe and Green Teams highlighted the urgent need to address climate change, threats to biodiversity and other environmental challenges.

Volunteer Projects

Nearly 9,200 of our people participated in 898 volunteer events worldwide in 2024. Some project highlights include:

  • Supporting the Sick and Those With Memory Disorders in London In partnership with the Forget Me Not Memory Café and the East London Business Alliance, 168 volunteers created spot-the-difference hand puzzles to be included in care packages for hospitalized children and people of all ages suffering from memory issues. The project aimed to help keep minds active and help beneficiaries — many of whom face loneliness and isolation — to feel connected to their community.
  • AI Education in Pakistan A team of 20 volunteers including AI experts and hiring managers led an event with Shaheed Benazir Bhutto University in Peshawar to equip 300 students and 58 faculty members with vital AI and career readiness skills. The event helped empower participants to upskill, fostering a deeper understanding of how AI can impact the career growth of the participants and how we can better meet our customers’ expectations.
  • Preserving New York’s Central Park Members of our Executive Leadership Team joined more than 200 of our volunteers for five “Day in the Dirt” events at New York City’s iconic Central Park, in partnership with the Central Park Conservancy. Volunteers contributed 624 hours, removing weeds, invasive plants, leaves and trash, and beautifying the landscape. These events and others help preserve Central Park’s world-class green space for all.

Leaders Provide Pro Bono Support for UK and U.S. Nonprofits

Continuing S&P Global’s pro bono consulting projects for a second year, senior leaders in our executive Propel Leadership program volunteered their expertise to UK- and U.S.-based nonprofit partners such as Teenage Helpline (name changed to Youth4Youth as of January 2025), LaAmistad, and Mixteca. Projects ranged from creating a strategy to expand funding opportunities to delivering a roadmap for product marketing, from development to generating income.

$681K

Estimated fair market value of the consulting

30

Volunteers engaged

6

Projects

First-Ever Global Volunteer Week

Our people logged nearly 24,970 hours to make an essential impact in our communities for S&P Global’s first Global Volunteer Week. From environmental stewardship and helping the underserved to sharing our expertise with others, our volunteers supported 268 nonprofits across 35 countries and 79 cities.

See data tables in Appendix.

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