S&P Global
Corprate Bias Ratings
Risk Level:
Summary:
S&P Global vets vendors according to LGBTQ policies and does not provide its employees with protections against viewpoint discrimination, but has not publicly terminated business relationships based on views or beliefs. The company pledged $1 million to BLM and related causes and is a corporate partner of the National LGBT Chamber of Commerce. S&P Global incorporates ESG into all of its business operations and is a signatory of the Business Roundtable's 2019 Statement on the Purpose of Corporation, which promotes stakeholder capitalism. The company has supported the Equality Act and signed the CEO Action for Diversity and Inclusion pledge. S&P is part of Glasgow's Net Zero Alliance. However, S&P does not discriminate against religious organizations in its charitable giving and has not used its PAC contributions for ideological purposes. For these reasons, S&P Global receives a "Medium Risk" rating.
Has denied service to customers, suppliers, or vendors due to their political views or religious beliefs OR corporately boycotts, divests, or sanctions regions, people groups, or industries.
S&P Global received a score of 100 on the Corporate Equality Index from the Human Rights Campaign (1). Among other requirements, this means the company has pledged to vet suppliers according to LGBTQ policies. There are no publicly known instances of S&P Global terminating business relationships due to religious or political beliefs. S&P Global does incorporate ESG into its credit ratings, including state credit ratings, for which it has drawn criticism and investigations (2)(3)(4)(5).
Charitable giving (including employee matching programs) policies or practices discriminate against charitable organizations based on views or religious beliefs.
S&P Global’s charitable giving guidelines prioritize STEM education, sustainability, and economic development (1).
Employment policies fail to protect against discrimination based on political affiliation/views and/or religion.
S&P Global does not protect employees from viewpoint discrimination (1).
Uses corporate reputation to support ideological causes and/or organizations hostile to freedom of expression.
S&P Global signed an open letter in support of the Equality Act (1). Internally, S&P Global has instituted DEI-focused training for employees and created a “Diversity Research Lab” (2). S&P Global is part of the Net Zero Financial Service Providers Alliance, committed to carbon neutrality by 2050 (3). The company tacitly criticized the Trump administration for pulling the United States out of the Paris Climate Accord (4). S&P Global CEO Douglas Peterson signed the CEO Action for Diversity and Inclusion pledge (5). Peterson is also a member of the Business Roundtable and signed its 2019 Statement on the Purpose of Corporation, which promotes stakeholder capitalism over traditional obligations to shareholders and customers (6)(7).
Uses corporate funds to advance ideological causes, organizations, or policies hostile to freedom of expression.
Uses corporate political contributions for ideological, non-business purposes.
S&P Global donates in a bipartisan manner and has not used its PAC for ideological purposes (1).
All links were last accessed and all information was updated on:
May 22, 2023
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