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. (NYSE: SPGI) is a leading provider of financial intelligence, delivering critical data through its credit ratings, market analytics, and benchmark indices. This page aggregates all official company announcements, press releases, and market-moving developments in one centralized location.
Investors and professionals will find timely updates on earnings reports, strategic partnerships, regulatory filings, and leadership changes. The curated collection spans SPGI’s core divisions – including market-shaping ratings assessments, commodity insights, and index updates – providing context for how each development impacts broader financial markets.
Content is organized chronologically track corporate milestones while maintaining focus on material events. Users can efficiently monitor regulatory disclosures, merger activity, and innovation initiatives like AI-driven data tools. Bookmark this page to stay informed about SPGI’s role in shaping global capital flows and risk management practices.
The Port of Rotterdam successfully piloted Distro, a high-frequency decentralized energy trading platform co-developed by S&P Global Platts and BlockLab. The trial, which began in August 2020, demonstrated significant benefits, including an 11% reduction in energy costs for consumers and a 14% revenue boost for local renewable energy producers. Key outcomes included a 92% utilization rate of on-site solar energy and a 20% increase in battery storage ROI. Distro's transparent market design has the potential to save up to 30 million tonnes of carbon once fully deployed across the port.
S&P Global (NYSE: SPGI) will release its third quarter 2020 financial results on October 27, 2020, at 7:15 a.m. EDT. A conference call with executives, including CEO Douglas L. Peterson and CFO Ewout Steenbergen, will follow at 8:30 a.m. EDT. Stakeholders can access the call via phone or webcast, with replay options available. The press release and additional documents will be accessible on the company's investor relations website. S&P Global, a leading provider of credit ratings and market analytics, has been delivering critical insights for over 160 years.
The Board of Directors of S&P Global (NYSE: SPGI) has declared a quarterly cash dividend of $0.67 per share, payable on December 10, 2020, to shareholders on record as of November 25, 2020. This brings the annualized dividend rate to $2.68 per share. S&P Global, which has consistently paid dividends since 1937, is among the few companies in the S&P 500 that have increased dividends annually for over 47 years.
On September 30, 2020, S&P Global (NYSE: SPGI) announced the appointment of Richard E. Thornburgh as the new Non-Executive Chairman, succeeding Charles E. Haldeman, Jr. effective October 1, 2020. Haldeman, who joined the Board in 2012, will retire at the end of his term in 2021. Thornburgh, an independent Director since 2011 with notable experience in finance, aims to continue advancing S&P Global's strategic goals. Additionally, Marco Alverà was appointed Chair of the Finance Committee, and Lord Ian P. Livingston joined the Board, bringing extensive leadership experience.
S&P Global Platts announced that Petronet LNG Limited will use the Platts West India Marker (WIM) to price a tender for an LNG spot cargo to be delivered in November. This marks the first instance of an Indian LNG company utilizing the Platts WIM for pricing. Petronet, a key player in India's energy sector, operates terminals in Dahej and Kochi, reflecting India's increasing shift towards market-based LNG pricing. The WIM is gaining traction, with its use in domestic gas supply deals by companies like ONGC, signaling a significant development in the LNG market.
On September 25, 2020, S&P Global Platts announced the finalists for the 22nd Annual Global Energy Awards, recognizing energy companies from 33 countries. Two-thirds of the finalists are from outside the U.S., with a record 300 nominations received this year. The awards celebrate leadership in 21 categories, with winners to be revealed during a virtual gala on December 10. The event will also support food banks with a $250,000 donation. Emmy-winning actor Jason Alexander will emcee the ceremony, highlighting innovation and resilience in the energy sector.
S&P Global Platts has launched the first Sustainable Aviation Fuel (SAF) price assessment for the Americas, providing crucial transparency in this emerging market. This initiative follows their earlier launch of Europe's SAF price references. The launch comes amid a significant push for carbon neutrality by major airlines, including commitments from the oneworld alliance to achieve this by 2050. Despite a projected 35% drop in US jet fuel consumption due to the pandemic, the SAF market is incentivized by federal and state policies, including various environmental credit programs.
S&P Global Market Intelligence has integrated Trucost's environmental data into its platform, enabling users to analyze climate-related risks and opportunities alongside traditional financial metrics. The database includes information from over 15,000 companies, covering greenhouse gas emissions, water usage, and waste management. With this integration, corporates, asset managers, and pension funds can enhance their portfolio analytics and ESG decision-making processes. Trucost's data encompasses 99% of the global market capitalization, supporting a comprehensive analysis crucial in a post-COVID financial landscape.
S&P Global Market Intelligence has expanded its Market Intelligence Platform by adding over 10 million European private company profiles. This includes standardized financial data from key markets like Germany, France, and the United Kingdom. The new content aims to enhance accessibility to private company insights, aiding customers in making informed decisions. This release marks a significant step in their SME Initiative, which aims to provide comprehensive data on private companies. Future expansions to U.S., Canada, Asia, and Africa are planned.
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