Welcome to our dedicated page for S&P Global news (Ticker: SPGI), a resource for investors and traders seeking the latest updates and insights on S&P Global stock.
S&P Global Inc. reports company news across data, benchmarks and analytics for capital, commodity and automotive markets. Coverage includes its credit ratings and market intelligence businesses, S&P Global Energy and Platts price assessments, and S&P Global Mobility products such as CARFAX vehicle history reports, listings, car care tools and recall data.
Recurring updates also include investor conference appearances, product and data launches, board and governance changes, and corporate-status developments involving the Mobility division.
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S&P Global Platts has launched daily hydrogen cost of production prices for Saudi Arabia, Oman, Qatar, and the UAE, effective November 22, 2021. The new assessments reflect production methods such as PEM electrolysis and steam methane reforming. Significant regional investments are reported, totaling $44 billion, aimed at positioning the Middle East as a hydrogen hub. Initial hydrogen production costs in the UAE and Saudi Arabia are pegged at $5.60/kg and $5.50/kg, showing competitive advantages compared to other global regions.
S&P Dow Jones Indices has launched the S&P Net Zero 2050 Climate Transition Select Index Series and S&P Net Zero 2050 Paris-Aligned Select Index Series, targeting the structured product market while integrating ESG principles. The indices aim to align with a 1.5ºC climate scenario, excluding companies involved in controversial practices. These new indices enhance the S&P Net Zero 2050 ESG Index Series, designed to track performance while adhering to the European Union's low carbon benchmarks.
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On Nov. 18, 2021, S&P Global Platts and Xpansiv announced a partnership to enhance price transparency in the voluntary carbon market (VCM). This collaboration follows the agreement on international carbon accounting rules at COP26. The initiative aims to improve the integrity and rigor in pricing VCM assets, leveraging Xpansiv’s trading expertise and Platts’ market analysis. The VCM is projected to grow significantly, potentially reaching a value of over $15 billion by 2030. This partnership will also expand data availability, develop new pricing assessments, and foster investment in high-quality carbon offset projects.
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S&P Global Ratings has expanded its partnership with Guidewire to integrate cyber risk insights from Guidewire Cyence Risk Analytics into its assessment tools. This collaboration aims to enhance the understanding of cybersecurity vulnerabilities and their financial implications on businesses. According to Chris Heusler of S&P, the partnership offers deeper insights into cyber risks affecting credit ratings. The initiative responds to the increasing importance of cyber risk in evaluating company financial health in today's digital landscape.
Thryv Holdings will join the S&P SmallCap 600 index effective November 24, 2021, replacing Echo Global Logistics. This change follows the announcement of The Jordan Company acquiring Echo Global Logistics in a deal expected to close soon. The inclusion of Thryv Holdings in the index reflects its growing significance in the market, specifically within the Communication Services sector. This update is crucial for investors as index changes can influence stock performance and investor perception.