NEW YORK and LONDON, Aug. 14, 2019 /PRNewswire/
-- S&P Global (NYSE: SPGI) announced that two of
its businesses have been recognised in Environmental Finance's
inaugural Sustainable Investment Awards. S&P Dow
Jones Indices (S&P DJI) was awarded 'Best ESG Index
Provider' and Trucost, part of S&P Global, was given the
'Award for Innovation (Research)'. The two awards further bolster
S&P Global's position as a leader in ESG products and research
and its commitment to meeting market demand for innovation in the
ESG space.
Martina Cheung, President of
S&P Global Market Intelligence, says: "As a company, our
products aim to capture both the risks and the opportunities that
societies face. Increasingly, our portfolio of products include an
ESG lens, adding layers of insight to help our customers create
resilient strategies to maximize financial performance, build a
sustainable future and meet the expectations of an evolving market.
The two awards further acknowledge our leadership in this space,
and the work we are doing to bring greater transparency to ESG
issues with our data and analytics."
S&P DJI's award recognizes the recent launch of the
S&P 500® ESG Index — an index aligned with Environmental,
Social and Governance (ESG) selection guidelines and designed to
closely replicate the risk and return profile of its most iconic
benchmark, the S&P 500®.
Reid Steadman, Global Head of
ESG Indices at S&P Dow Jones Indices, says: "We are proud
of this Environmental Finance award, which recognizes our
pioneering work in the ESG space. S&P Dow Jones Indices
continues to innovate and offer cutting-edge benchmarks, many of
which now integrate ESG best practices into the core of investors'
portfolios."
S&P DJI has also launched a global family of ESG indices
based on other widely-tracked regional and country-specific
large-cap and mid-cap benchmarks used in the Americas, Europe, Middle
East and Africa (EMEA) and
Asia-Pacific (APAC).
Trucost was recognised with the 'Award for Innovation
(Research)' category, acknowledging the strength of the Carbon
Earnings at Risk (CEaR) analytics product that was launched earlier
this year. The CEaR tool enables companies to stress-test their
current ability to absorb future carbon prices and help understand
the potential earnings at risk from carbon pricing at a portfolio
level.
Richard Mattison, CEO of
Trucost, part of S&P Global says: "We are delighted to be
given the 'Award for Innovation' for our Carbon Earnings at Risk
analytics. Our product helps companies and investors understand
their exposure to future carbon pricing risk whilst also driving
better disclosure on the financial implications of climate change —
a key recommendation by the Task Force on Climate-related Financial
Disclosures (TCFD)."
Earlier this year, S&P Global Ratings launched the first ESG
Evaluation, which provides a cross-sector, forward looking,
qualitative, and data-driven opinion of an entity's ESG performance
and preparedness for future risks and opportunities, separate from
a credit rating. Furthermore, S&P Global Platts provides
clients with a 2 degree scenario planning service, and S&P
Global Market Intelligence recently launched dedicated ESG news
coverage for customers across the globe.
To learn more about S&P Global's sustainability and ESG
efforts, please click here.
Notes to Editors
About S&P Global:
S&P Global is a leading
provider of transparent and independent ratings, benchmarks,
analytics and data to the capital and commodity markets worldwide.
The Company's divisions include S&P Global Ratings, S&P
Global Market Intelligence, S&P Dow Jones Indices and S&P
Global Platts. S&P Global has approximately 21,000 employees in
33 countries. For more information, visit www.spglobal.com.
About S&P Dow Jones Indices
S&P Dow Jones
Indices is the largest global resource for essential index-based
concepts, data and research, and home to iconic financial market
indicators, such as the S&P 500® and the Dow Jones Industrial
Average® . More assets are invested in products based on our
indices than products based on indices from any other provider in
the world. Since Charles Dow
invented the first index in 1884, S&P DJI has been innovating
and developing indices across the spectrum of asset classes helping
to define the way investors measure and trade the markets.
S&P Dow Jones Indices is a division of S&P Global (NYSE:
SPGI), which provides essential intelligence for individuals,
companies, and governments to make decisions with confidence. For
more information, visit www.spdji.com.
About Trucost, a part of S&P Global
Trucost is
part of the S&P Global family, operated by S&P Market
Intelligence. Trucost assesses and prices risks relating to climate
change, natural resource constraints and broader ESG factors.
Companies and financial institutions use Trucost intelligence to
understand exposure to ESG factors, inform resilience and identify
the transformative solutions of tomorrow. Trucost data also
underpins ESG indices, including the S&P 500 Carbon Efficient
Index® and -S&P/IFIC Carbon Efficient Index®. For more
information, visit www.trucost.com.
Media Contact
S&P Global
Tahmina Mannan, Enterprise Communications
+44 (0) 207 176 0108
Tahmina.Mannan@spglobal.com
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SOURCE S&P Global