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.
S&P Dow Jones Indices has been chosen by the Federal Government of Germany to create the S&P ESG Eurozone 60 Bund-SV Index, which will benchmark four Federal Special Pension Funds. This index aligns with EU Climate Transition Benchmarks and the Paris Agreement, aiming for net-zero emissions. S&P will use its ESG Scores to select index constituents, excluding companies involved in non-compliant activities. This collaboration highlights the growing importance of ESG indices in sustainable investing and asset protection.
The Board of Directors of S&P Global (NYSE: SPGI) has declared a quarterly cash dividend of $0.77 per share, payable on June 10, 2021, to shareholders recorded by May 26, 2021. This dividend amounts to an annualized rate of $3.08 per share. S&P Global has a significant history, having paid dividends consistently since 1937 and increasing them annually for over 48 years, placing it among the top companies in the S&P 500.
S&P Dow Jones Indices has launched a new series of S&P Digital Market Indices to measure the performance of digital assets on recognized cryptocurrency exchanges. This includes the S&P Bitcoin Index, S&P Ethereum Index, and the S&P Cryptocurrency MegaCap Index. The indices will utilize pricing data from Lukka and are managed by S&P DJI's Index Committee. As the cryptocurrency market expands, these indices aim to provide reliable benchmarks for investors, enhancing transparency in this asset class.
On May 2, 2021, New Zealand's Exchange (NZX) launched its first carbon-efficient indices in collaboration with S&P Dow Jones Indices. The S&P/NZX 50 Carbon Efficient Index and S&P/NZX 50 Portfolio Carbon Efficient Index aim to promote transparency in emissions reporting among NZ companies. These indices are approximately 25% and 19% lighter in carbon emissions compared to their parent indices. The initiative responds to rising investor demand for sustainable investment options and aligns with global practices to combat climate change.
S&P Global Ratings has confirmed that Dana Inc.'s Green Financing Framework is fully aligned with the Green Bond Principles (GBP) and Green Loan Principles (GLP). The framework commits to using financing proceeds for projects in clean transportation, renewable energy, sustainable water management, and green buildings. Dana's Green Financing Committee will oversee project selection and allocation of proceeds. The company plans to report annually on the allocation and environmental impact of these projects, underpinning its commitment to sustainability.
Summary not available.
S&P Global (NYSE: SPGI) reported Q1 2021 results with revenue at $2,016 million, a 13% increase year-over-year. Net income rose 18% to $755 million, while diluted EPS climbed 19% to $3.12. Adjusted net income was $820 million, and adjusted diluted EPS was $3.39. Major revenue growth was noted across all segments, particularly in Ratings with a 23% increase. The operating profit margin improved to 53.6%. The company returned $186 million to shareholders in dividends. Adjusted diluted EPS guidance for 2021 has been increased to $12.55-$12.75.
Summary not available.
Summary not available.
Summary not available.