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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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.
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.
S&P Global Ratings released a report revealing that the food system contributes to one-third of global greenhouse gas emissions, with food loss accounting for up to 10%. The report advocates for increased collaboration in the agribusiness sector to enhance food production efficiency and reduce waste. Notably, 14% of food is lost before retail. Multinational food companies could lead in improving sustainability by investing in advanced technologies. By 2030, significant reductions in food waste are expected as firms align with U.N. Sustainable Goal 12.3.
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