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Diversity,
InclusionReport
2022
Equityand
S&PGlobalDEIReport20222
Contents
FromOurChiefPurposeOfficer3
AYearofProgress4
2022AwardsandRecognition5
OurApproach6
Governance7
People8
PeopleMovement12
DevelopmentandRetention13
DEILearning15
PeopleEngagement16
Customers18
InclusiveProducts18
ThoughtLeadership19
Communities20
SupplierDiversity20
Partners21
Philanthropy22
PeopleEngagementandVolunteerism2
4
MovingForwardTogether
25
S&PGlobalDEIReport20223
FromOurChiefPurposeOfficer
Amidthegeopoliticalandsocialconcernsthatfacedtheworldin2022,S&PGlobalreinforceditscommitmenttodiversity,equityandinclusionthroughourvalues,ourwordsandmostimportantly,ouractions.
IamincrediblyproudtointroduceyoutothisinauguraleditionofourDiversity,EquityandInclusion(DEI)Report,whichbuildsonourpriorimpactreportinganddetailsthewaysinwhichwehaveactivatedourpurposetoAccelerateProgressthroughourcommitmenttoDEI.
Webelievethatdiversityfuelscreativeinsights,equityunlocksopportunity,andinclusiondrivesgrowthandinnovation.AdvancingDEIisakeycomponentofourambitiontopowerglobalmarkets.Itmeansdrivinginclusioninourproductsandforourcustomersandstakeholders,anditincludespromotingequityforpeopleandcommunities.
OurPeopleFirstphilosophyunderpinsourglobalculture.Weenableourpeoplethroughprogressivepoliciesandpractices,aholisticsuiteofbenefitsandphilanthropicprogramsthatsupportcommunityengagement.
Sooften,it’sourPeopleResourceGroups(PRGs)
aroundtheworld,ourcommunitiesofinclusion,thatareseeingtheneeds,advocatingforchangeandofferingsolutions.Whetherit’srecommendingaccessibledesignfeaturesinourmarketofferingsoradvocatingforgreaterunderstandingandactiononhumanrights,ourcolleaguesliveandbreathePeopleFirst.
Thiscultureofcare,andourcorevaluesofintegrity,partnershipanddiscovery,serveduswellaswecompletedoursuccessfulmergerwithIHSMarkitinFebruary2022.
Ourexpandedorganizationhasbroughtnewperspectivesandprogrammingforgreaterimpact.TailoredDEIapproachesanddedicatedsupportforeverybusinessstrengthenourenterprise-wideDEIstrategyandcreateglobalmomentum.
AsChiefPurposeOfficer,Iworkwithleadersacrossthebusiness,alongwithmyteamsinDEI,People,CorporateResponsibility,MarketingandCommunications.WecenterourDEIcommitmentaroundourpeople,partners,communities,andinourbusiness.WeensureprogressbylinkingspecificDEImetricstoourleaders’compensationanddrivingaccountabilityandtransparencythroughincreaseddisclosure.Wecultivateacontinual
feedbackloopforactionandimprovement,includingseekingoutourcolleagues’personalexperiencesrelatedtoinclusionandopportunityatwork.
OurPeopleFirstcultureandcommitmenttomeasurableprogressareacceleratingourmomentumandfuelingourambitiontodomore.Ourbusinessprovidestheessentialdata,analyticsandresearchthatdeliverunparalleledinsightstoourcustomersonsustainability.Inordertocontinueacceleratingprogress,weneedtoembracethemostinspirationalideasandforward-thinkingpracticesfromIndia,theUnitedKingdom,theUnitedStates,thePhilippinesandeveryplaceinbetween.Ihaveneverbeenmoreexcitedaboutwhatwecanachievetogether.
Thisreportdetailsourworktocontinuebuildingamorediverse,equitableandinclusivecompanyandworld.Thanksforcomingalongwithusonthisjourney.
Sincerely,
DimitraManis
ChiefPurposeOfficer
S&PGlobalDEIReport20224
AYearof
Progress
S&PGlobal’sworktoAccelerateProgressintheworldbringsanopportunitytohavemeaningfulimpactforboththeplanetandourpeople.Tosupportthisessentialcommitment,wehavehavetakenimportantstepstostrengthenoursustainabilityandhumancapitaldisclosures,andtodriveincreasedrepresentationthroughrecruitingpartnershipsandcolleagueengagement.FosteringacultureofDEIisacriticalpriorityattheheartofourstrategicagendaandsupportedbyourboard,CEOandseniorleadershipteam.
FollowingcompletionofourmergerwithIHSMarkitinFebruary2022,webuiltonafoundationoflong-establishedDEIinitiatives,toextendandelevateourprogrammingforthenewlycombinedorganization.Wehaveexpandedourmandatetoincludeadivision-levelandregionalapproachtoDEI.OurDEIvisioncentersonourpeople,customersandcommunities,providinguswithacleardirection,andourmissionoutlinesourphilosophyandstrategy.
WesawthevalueofourapproachasweworkedtointegrateourglobalPeopleResourceGroups(PRGs),whichareessentialtosupportingourinclusiveworkplace.Ourenterprise-levelteamprovidesguidanceandstructure,enablinglocalleaderstoformnewleadershipboards,developstrategicplansandproduceexceptionalprogramming.OurPRGsnowhavemorethan80chaptersdirectedbymorethan600globalandregionalboardleadersworldwideandengage33%ofourglobalworkforce.
Weareexcitedtogofurther,ledbyourdata-driven
approachandourPeopleFirstphilosophy.ThisDEIReportisanimportantstepintakingstockofourDEIefforts,increasingtransparencyonourprogressandhowweplantomoveforward.Wewelcomeyourpartnershipinthiswork.
Sincerely,
AnnetteO’Hanlon
ChiefCorporateResponsibility&DiversityOfficer
S&PGlobalDEIReport20225
AboutThisReport
ThisreportcoversS&PGlobalDEImanagementandperformanceacrossitsglobalfootprintin2022,includingIHSMarkitdatafromMarchonward,whenwecompletedourmerger.DemographicdataincludedinthisreportisasofDecember31,2022,unlessotherwisenoted.
S&PGlobal’stotalemployeecountis39,950.However,thisreportexcludesCARFAX,CRISILandTaiwanRatingsCorp.Therefore,demographicdatainthisreportaccountsfor34,206employees.Unlessspecified,dataforpreviousyearsisforS&PGlobalonastand-alonebasispriortothemerger.
Wearecommittedtotransparencyofourworkforce’sdemographicmakeupandtocomplyingwithdisclosureregulations,includingpublishingcountry-specificgenderpaygapreporting,whichcanbefoundonour
Reports&Policies
site.OurmostrecentconsolidatedU.S.EqualEmploymentOpportunitydatacanbefound
here
.Fordatareportingandinformationaboutourthird-partyassurance,viewour
2022ImpactReport
.
2022AwardsandRecognition
OurApproach
People
Customers
TableofContents
Communities
MovingForwardTogether
S&PGlobalDEIReport20226
OurApproach
AtS&PGlobal,astheworld’sforemostprovideroftransparentandindependentratings,benchmarks,analyticsanddata,weembraceDEIasacriticalbusinessdriverandaresponsibilityownedbyourglobalcolleagues.
Asapurpose-ledcompany,weconcentrateeffortswherewehavethemostopportunitytodriveprogressacrossourpeople,customersandcommunities.Byfocusingonourglobalworkforceandaligningourprioritiesacrossourpartnerengagementsandphilanthropy,westriveformeaningfulprogresstowardsystemicequity.WealsounderstandtheintersectionalitybetweenDEIandrespectforhumanrights,bothinouroperationsandsupplychain.
In2022,webuiltonthestrengthsofournew,combinedcompany,expandingourCorporate
ResponsibilityandDEIteam,reinforcingourcommitmenttoDEIandrefiningourkeyareas
ofimpact.InlinewithourPeopleFirstphilosophy,weconcentratedoureffortsonour
Peoplestrategicpillar,focusingonsocializingthenewDEIstrategyacrossthecombined
organization,tailoringitforeachofthedistinctdivisions,andconsolidatinganddelivering
establishedinitiatives.
Wealsointegratedourgrassrootsandphilanthropicefforts,refiningourfocusareasandstrengtheningourabilitytosupportandhelpadvanceinclusive,resilientcommunitiesinternallyandexternally.
Whilewehavemadegoodprogressinourfirstyearasacombinedorganization,werecognizethatthereismoreworktobedone.WewillcontinuetoadvanceourDEIfocusinourorganization,throughcustomerengagementandacrossourglobalcommunities,aswedeliverin2023.
OurApproach
People
Customers
TableofContents
Communities
MovingForwardTogether
S&PGlobalDEIReport20227
Communities
AccelerateequityinourcommunitiesbyintegratingDEIintooursupplierdiversitypractices,workingwithlocalpartnerstodevisecommunitysolutions,expandingourphilanthropicactivities,andincreasingtransparencythroughdisclosure.
Customers
Provideessentialsustainabilityintelligencetoourcustomersthroughavarietyofmediums,suchasDEIreporting,supportinginclusiveproductdesignandsharingthoughtleadership.
DEIStrategicPillars
People
Enableourcolleaguestothriveandfeeltheybelongbyfocusingonstrategicrecruiting,investinginthedevelopmentandretentionofourpeople,andprovidingaconduciveenvironmentforlearningandoverallengagement.
Governance
OurBoardofDirectorsandseniormanagementviewDEIascriticaltoourlong-termsuccess,drivingbusinessgrowthandinnovation,andempoweringourpeopletoachievetheirfullpotential.Assuch,theBoardregularlyengageswithourCEO,ChiefPurposeOfficer,ChiefCorporateResponsibility&DiversityOfficerandothermembersofseniorleadershiptoprovideoversightanddirectiononourDEIprioritiesandprograms.
Atthemanagementlevel,ourChiefPurposeOfficerdirectsthedevelopmentandexecutionofourPeoplestrategy,workingwithseniorleadersacrossthecompany.SheoverseesourPeople,DEIandCorporateResponsibilityteams,aswellasourMarketingandCommunicationsfunctions.Inaddition,theChiefPurposeOfficerleadsourDEIteaminworkingwithdivisionandfunctionalleadersinimplementinggovernancetosupporteffectiveexecution.WeensurealignmentofenterpriseanddivisionalDEIgoalsthroughbusinessreviewsandourbalancedscorecards.
OurApproach
People
Customers
TableofContents
Communities
MovingForwardTogether
S&PGlobalDEIReport20228
GenderPayGap
People
Ourcompany’ssuccessdependsonourpeople.Westrivetocreateanenvironmentthatencouragesourcolleaguesaroundtheworldtofeeladeepsenseofbelonging,wheretheyfeelempoweredtocontributetheiruniqueinsightswithinourcompany,withourcustomersandinourcommunities.Weinvestinourcompanybyinvestinginourpeople.
OurPeopleFirstphilosophyisthefoundationofourDEIstrategy.It’swhatdrivesoureffortstosupportourcolleaguesinreachingtheirfullpotential.Weenablebroadaccesstotraininganddevelopmentandencourageconnectionsthatcanopenthedoortoskillgrowthandadvancement.
DiversityinOurWorkforce
Ourabilitytoattract,retainanddevelopadiverseworkforceiscriticaltoourlong-termstrategy,drivingbusinessgrowthandinnovationandempoweringourpeopletoachievetheirfullpotential.
Webelievethatincreasingdatadisclosureinourexternalreportingdemonstratesourcommitmenttotransparencyandhelpsguideourprogresswithconcretemetrics.OurreportingofglobalgenderandU.S.race/ethnicityrepresentationdataprovidesacomprehensiveviewofourpeopleandusesanintersectionallenswhenanalyzingourworkforce.Inadditionto2021dataforthehistoricalS&PGlobalcompany,thisreportincludesdataacrossour34,000+colleaguesin44countriesasoftheendof2022,followingourmergerwithIHSMarkit.2022datareflectsthemerger’sexpansionofourglobalworkforceby14,655people,includingasignificantincreaseincolleaguesfromtheEMEA(Europe,theMiddleEastandAfrica)region.
This42.8%growthinourworkforceover2021numbersimpactedthetrajectoriesforsomeofourgenderanddiverserepresentationtrends.Thiscombinedviewestablishesanewbaselinefromwhichwewillcontinuetobuild.
Our2022workforcedemographicsindicateoffocusfor2023andbeyond:
priorityareas
–Increasefemalerepresentationglobally,currently38.2%.
–Furtherencourageself-IDcampaignstoincreasedisclosureofLGBTQ+people,thosewithdisabilitiesandveterans,currently1.88%,0.38%and0.80%respectively,andreportgloballywhereverpossible.
–BuildonthemodestgrowthinourU.S.BlackandHispanic/Latinepopulations,currently4.6%and5.7%,respectively.
–AcrossourU.S.criticalroles,furtherextendthegrowthoffemalerepresentationincommercialandin-demandtechnologyroles,currently37.4%and32.1%,respectively.
Wehaveprovided2022dataasasnapshotofthenewlycombinedS&PGlobalbaseline.Wewillcontinuetoprovideinsightonourworkforcedemographicsinfuturereporting.
Werecognizethatequitable,competitive,fairandtransparentcompensationandrewardprogramsimproveoutcomesforourpeople,ourcustomersandourbusiness.Thepayequitypictureisconstantlychangingtoincorporatemovementsintheorganization,suchasacquisitions,divestitures,hiringandpromotions.Wecontinuallyreviewandenhanceourcompensationprogramsandpracticestoensurefairpayforourpeople.Ourpaygapreportinghighlightsdisproportionaterepresentationatdifferentlevelsofsenioritythroughoutthecompany;weremaincommittedtoinvestinginwomentoreducethesegaps.
In2022*:
–Ourmeangenderpaygapis14%,upfrom5.8%in2021.ThisincreaseismainlyduetotheintegrationofhistoricalIHSMarkitpeopleinourworkforce.
–Ourmeangenderbonuspaygapis29%,unchangedfrom2021.
–Inoureffortstoenhancetransparency,wearereportingtheratioofbasicsalaryandremunerationofwomentomenforthefirsttime,whichisat84%.
Wewillcontinuetofocusonidentifyingandaddressingourgapthroughrecruitmentactivities,talentplanning,professionaldevelopmentandcompensation.
Ourgenderpaygapreportsareavailableonour
Reports&Policies
site.
PayEquity
FollowingthemergerwithIHSMarkit,wewillbeexaminingpayequityacrossthecombinedorganizationin2023andexpecttoreportfurtheronourprogress.Toreviewourpriorpayequitysummary,readour
2021ImpactReport
,publishedinMay2022.
*ThisdatareflectsallS&PGlobalpeopleasofDecember31,2022,withtheexceptionofCRISIL,TaiwanRatings,S&PGuildandunionteammembers,whichareexcludedduetotheirdifferentcompensationstructures.
S&PGlobalDEIReport20229
EMEA
5,410people
2,048women
(37.86%)
APACexcl.India
5,189people
2,411women
(46.46%)
LatinAmerica
694people
345women(49.71%)
IndiaRegion
12,616people
4,402women
(34.89%)
TableofContents
OurApproach
People
Customers
Communities
MovingForwardTogether
OurGlobalPresence
NorthAmerica
10,297people
3,864women
(37.53%)
38.21%
womenglobally
EMEA:Europe,MiddleEastandAfrica
APAC:Asia-Pacific
DataasofDecember31,2022.ExcludesCRISIL,CARFAX,TaiwanRatingsCorp.
Therace/ethnicitygroup‘Other’includes:NativeAmericanorAlaskaNative,NativeHawaiianorotherPacificIslander,twoormoreraces.
NorthAmericadataincludesCanada.
S&PGlobalDEIReport202210
GlobalAgeGroups*
GlobalGenderRepresentation–Year-over-Year
Global
SeniormanagementJuniormanagement
Management
Revenue-generating
2021
2022
functions
STEM
39.260.8 36.6%63.4
41.358.7 40.759.3
46.753.3 45.055.0
51.748.3 46.853.2
40.759.3 38.861.2
42.957.125.874.2
60.040.0 42.957.1
TableofContents
OurApproach
People
Customers
Communities
MovingForwardTogether
(3,936)
11.5%>50yearsold
27.1%
(9,276)
<30yearsold
61.4%
(20,987)
30-50yearsold
*Excludes7non-disclosedemployees
GlobalEmployeesbyLocation
2.0%LatAm
(694)
15.8%
(5,410)
EMEA
52.0%
(17,805)
APAC
30.1%
(10,297)
NorthAmerica
Female(%)Male(%)
38.9
38.2
61.161.8
45.0
30.0
55.070.0
34.3
32.5
65.767.5
33.9
31.1
66.168.9
38.8
39.7
61.260.3
32.7
31.7
67.3
68.3
0255075100
U.S.EthnicitybyFemale%–Year-over-Year
Male(%)
Female(%)
2021
2022
White
Asian
Hispanic/Latine
Black
Twoormoreraces
NativeAmericanor
AlaskanNative
Other
31.768.3
31.768.3
Unspecified
U.S.DiverseRepresentationasSelf-Identified–Year-over-Year
LGBTQ+
Peoplewith
DisabilitiesVeterans
0.99%
1.88%
0.44%
0.38%
1.16%
0.80%
0255075100
2021
2022
U.S.Ethnicity%–Year-over-Year
0.30.1
48.6
21.6
5.0
2.3
17.6
4.5
2021
53.4
19.2
5.7
14.7
4.6
2022
0
25
50
75
100
1.9
0.3
0.0
(%)
WhiteAsianHispanic/LatineBlackTwoormoreraces
NativeAmericanorAlaskanNativeOtherUnspecified
–AllofS&PGlobalexcludingCRISIL,CARFAXandTaiwanRatingsCorp.2022dataispost-mergerandincludestheIHSMarkitemployeepopulation.
–AsofDecember31,2022,781formerIHSMarkitemployeeswerenotassignedacomparableS&PGlobaljobfamilyandlevelprofile;forthisreporting,theywereassignedajobfamilyandlevelprofilebasedontheirhistoricaljobframeworkidentification.Amongthisgroup,228hadnocomparablejobfamilyassignmentandthuswerenotassessedforthejobdiscipline-relatedmeasuressuchasRevenueGenerating,STEM,Analysts/Tech/Sales.
–Datareflectsself-identifiedethnicityforU.S.employeesasofDecember31,2022.
OurApproach
People
Customers
TableofContents
Communities
MovingForwardTogether
S&PGlobalDEIReport202211
Female
4.4%(44)
2.8%(28)
4.8%(76)
2.9%(47)
64.2%(1,019)
2.6%(2)
2.6%(2)
13.3%(10)
2.5%(4)
1.9%(3)
47.1%
5.9%(14)2.1%(5)
45.3%
(106)
41.3%(31)
37.3%(28)
7.6%(12)
28.0%
12.7%
(44)
(20)
(74)
2.5%(6)
30.7%
(72)
13.2%(31)
7.3%(46)
20.5%
(129)
2.1%(24)
2.0%(36)
54.4%
(966)
3.5%(22)
1.9%(12)
50.1%(315)
16.5%(104)
6.0%(69)3.8%(44)
57.0%
17.2%(197)
(651)
13.6%(156)
3.7%(66)
16.1%(286)
6.5%(115)
17.1%(304)
CriticalU.S.RolesbyGenderandEthnicity
U.S.AnalyticalRoles
(628)
Male
(1,141)
All
(1,773)
0500100015002000
U.S.CommercialRoles
Female(594)
Male(989)
All(1,587)
9.4%(56)
8.2%(49)
62.6%
(372)
11.1%(66)
5.4%(32)
3.2%(19)
4.4%(44)
5.7%(57)
17.2%(170)
65.3%
(646)
15.0%(239)
5.8%7.1%
(93)(113)
0500100015002000
U.S.In-DemandTechnologyRoles
Female(75)
Male(157)
All(234)
2.6%(2)
050100150200250
WhiteAsianHispanic/LatineBlackOtherNotSpecified
–AllofS&PGlobalexcludingCRISIL,CARFAXandTaiwanRatingsCorp.2022dataispost-mergerandincludestheIHSMarkitemployeepopulation.
–AsofDecember31,2022,781formerIHSMarkitemployeeswerenotassignedacomparableS&PGlobaljobfamilyandlevelprofile;forthisreporting,theywereassignedajobfamilyandlevelprofilebasedontheirhistoricaljobframeworkidentification.Amongthisgroup,228hadnocomparablejobfamilyassignmentandthuswerenotassessedforthejobdiscipline-relatedmeasuressuchasRevenueGenerating,STEM,Analysts/Tech/Sales.
–Datareflectsself-identifiedethnicityforU.S.employeesas
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