S&P Global announced the launch of the proprietary S&P Global ESG Scores with coverage of more than 7,300 companies, representing 95% of global market capitalization. S&P Global ESG Scores are based on the globally recognized SAM Corporate Sustainability Assessment (CSA) – an annual evaluation of companies’ sustainability practices. The scores will be made available to the investment community through Xpressfeed™, S&P Global Market Intelligence’s flagship data feed management solution. This will allow investors to bring S&P Global ESG Scores together with over 200 other datasets, including point-in-time financials, Trucost Environmental Data, Panjiva Supply Chain Intelligence, people data, ownership, corporate relationship, key developments, and more.
S&P Global ESG Scores provide a robust new tool to address growing market demand to integrate environmental, social and governance (ESG) factors into corporate investment and business strategies. They are derived from a methodology developed over 20 years from an investor practitioner’s perspective and are based on in-depth and longstanding engagements with corporates across the globe. The delivery of S&P Global ESG Scores via Xpressfeed™ allows clients to seamlessly integrate and link these factors with existing financial and alternative data to uncover additional insights.
The S&P Global ESG Scores build upon the company’s pioneering work on ESG indexing and benchmarking. Through SAM’s annual CSA, the scores have powered the Dow Jones Sustainability Index for more than two decades. The scores also serve as analytical tools for S&P Dow Jones Indices’ core ESG index offerings including the S&P 500 ESG Index.
“The launch of the S&P Global ESG Scores further bolsters S&P Global’s position as the premier resource for ESG data and insights,” says Martina Cheung, President of S&P Global Market Intelligence. “We are seeing more and more decision-makers across all segments leverage the benefits of Xpressfeed to accelerate data integration and analysis for their business strategy. The S&P Global ESG Scores are backed by 20 years of SAM’s comprehensive assessments enabling market participants to optimize their portfolios and allocate capital towards positive ESG performance.”
Evan Greenfield, Global Head of ESG at S&P Global, adds: “The S&P Global ESG Scores are driven by deep corporate engagement derived from private and public data, making the scores unique in the market today. For the first time ever, investors will have access to scores based on more than two decades of ESG expertise, a leading methodology centered around financial materiality, and a focus on forward looking sustainability metrics. The appetite for more robust and differentiated ESG insights for investors is increasing, and we are focused on meeting the need for high-quality, actionable ESG solutions.”
S&P Global acquired SAM in January 2020 to bolster its position as the premier resource for essential ESG insights and products for its customers. SAM data will serve as S&P Global’s firm-wide global standard for material financial and non-financial ESG disclosures and will be available to inform all ESG research across the company’s divisions.
S&P Global’s suite of existing ESG-focused products include the S&P Global Ratings ESG Evaluation, a cross-sector, relative analysis of an entity’s exposure to and preparedness for ESG-related risks; the S&P 500 ESG Index, which aligns investment objectives with ESG values; S&P Global Platts Energy Transition Prices and 2 degree scenario planning outlooks; and Trucost’s market leading carbon and environmental data and risk analysis.