S&P Global

Industries Diversified Financials
Subsidiaries IHS Markit
Location New York
(Along with 439 other companies)

S&P Global is High Risk. The company yields to political activism in shaping corporate governance, potentially alienating consumers, dividing employees, and harming shareholders. The company implements race and identity-based policies that replace merit, excellence, and integrity with preferential treatment and outcomes. S&P Global embraces corporate initiatives that redirect its central focus from business goals to partisan policies and divisive issues. This approach fails to safeguard free exercise, free speech, and free enterprise.

Business Roundtable
CEO Action Pledge
Risk Rating: High

Rating Criteria

Corporate Weaponization Risk Levels
Criteria Risk Level
Cancellations Medium Risk
Discriminatory Philanthropy High Risk
Employment Protection High Risk

Corporate Weaponization ⓘ

Corporate Governance and Public Policy Risk Levels
Criteria Risk Level
Advocacy Bias High Risk
Funding High Risk
Political Actions High Risk

Corporate Governance and Public Policy ⓘ

View Full Corporate Bias Ratings

Related Content

ESG Rating Inconsistencies and Their Ideological Ends

July 7, 2026

Allen Mendenhall’s recent piece on MSCI ranking SpaceX in the same ESG tier as Russia asks a fair question: how does a rocket company advancing American innovation get scored the same as a state waging war? Unbeknownst to many, inconsistencies are common when it comes to ESG portfolios and ratings. In 2022, S&P dropped Tesla from its S&P 500 ESG Index while ExxonMobil landed in the top ten. The EV maker scored worse on an “Environmental, Social, Governance” rating than a major oil company. In fact, according to MIT Sloan’s Aggregate Confusion Project, ESG ratings from major agencies correlate at only about 0.61. Compare that to credit ratings from Moody’s and S&P, which agree 99% of the time. Companies often receive vastly different ESG rating scores from ratings providers, even ones that share a pro-ESG bias. These are the kinds of inconsistencies that led Elon Musk, CEO of the second-largest electric vehicle manufacturer in the world, to declare that ESG is a scam. Mendenhall concludes himself: the SpaceX rating shows ESG functioning less as “socially conscious investing” and more as “a mechanism for advancing ideological ends.”

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