S&P Global Stock Price, News & Analysis

S&P Global Ratings reports that transition finance could generate up to $1 trillion annually, facilitating capital for hard-to-abate sectors previously absent from sustainable debt markets. The report highlights the growing investor interest in financing climate initiatives to achieve net-zero goals. It emphasizes the need for significant investments in innovative technologies and processes to decarbonize high-carbon industries. Transition finance is expected to expand across various financial products, supporting companies that demonstrate effective climate strategies.

S&P Global (NYSE: SPGI) announced a virtual Special Meeting of Shareholders slated for 10:00 a.m. ET on March 11, 2021, concerning its proposed merger with IHS Markit. This decision was driven by ongoing public health concerns, causing the cancellation of an in-person meeting. Shareholders received proxy materials on how to access the meeting and vote. The meeting can be accessed online, with an archived replay available for one year. For more details, visit the Company's Investor Relations website.

In 2020, traditional U.S. multichannel video subscriptions fell by nearly 7.2 million, as reported by Kagan, part of S&P Global Market Intelligence. While virtual multichannel services gained 2.7 million subscribers, this was not enough to counterbalance the losses from cable, telco, and satellite providers, which slowed in Q4 to 1.5 million. The report indicates 6.8 million households cut the cord in 2020, with total penetration of live-channel packages dropping below 67%, and less than 57% of U.S. households now holding traditional multichannel subscriptions.

S&P Global Ratings confirmed that King's College London (KCL) has a Sustainable Financing Framework fully aligned with the Green Bond Principles, Social Bond Principles, and Green Loan Principles. This alignment indicates KCL's commitment to utilize proceeds for eligible green and social projects. The framework includes a process for project selection and management of proceeds, ensuring sustainable asset values exceed raised funds. KCL aims for significant sustainability targets by 2029, including net-zero carbon emissions by 2025. The alignment opinions are not credit ratings and reflect current adherence to established principles.

S&P Global (NYSE: SPGI) will present at the Raymond James 42nd Annual Institutional Investors Conference on March 1, 2021, from 2:10 p.m. to 2:50 p.m. Eastern Time. CEO Douglas L. Peterson is scheduled to participate in a 'fireside chat' that may feature forward-looking information. A live and replay of the webcast will be available on the Investor Relations website, with additional materials following the presentation. S&P Global specializes in credit ratings, benchmarks, and analytics.

S&P Global Platts has partnered with Viridios Capital to create AI-driven carbon indices aimed at enhancing transparency in voluntary carbon credit markets. The collaboration combines Platts' price assessment data with Viridios' environmental AI technology to provide clarity on the market value of carbon credits and their associated co-benefits tied to the UN's Sustainable Development Goals. The new indices will analyze over 20,000 data points and daily price assessments to help market participants better understand and invest in carbon credits.

S&P Dow Jones Indices reported a 10.4% annual increase in the U.S. National Home Price NSA Index for December 2020, up from 9.5% in November. The 10-City Composite and 20-City Composite indices saw year-over-year gains of 9.8% and 10.1%, respectively. Phoenix, Seattle, and San Diego led the cities with the highest price increases. Despite challenges due to COVID-19 affecting data from Wayne County, the overall trend shows a strong housing market with double-digit gains completing the year, marking the best performance since 2013.