S&P Global Stock Price, News & Analysis

S&P Global Sustainable1 and the UN Environment Programme launched the Nature Risk Profile on January 17, 2023, in Davos, Switzerland. This methodology aims to help the financial sector measure and address nature-related risks through data-driven analytics concerning companies' impacts and dependencies on biodiversity. With half of the world's GDP reliant on nature, biodiversity loss poses significant risks for businesses. The new metrics provide crucial insights for mitigating these risks, supporting the Kunming-Montreal Global Biodiversity Framework and aligning with the Taskforce on Nature-related Financial Disclosures (TNFD). The methodology will be open access and encourages collaboration across sectors.

S&P Global (NYSE: SPGI) will announce its fourth quarter and full-year 2022 results on February 9, 2023, at 7:15 a.m. ET. Following the announcement, company executives, including CEO Douglas L. Peterson and CFO Ewout Steenbergen, will host a conference call at 8:30 a.m. ET to discuss the results. The call is accessible for all interested parties and will be available via a live webcast and telephone access. Replay options will be available for a limited time post-call.

S&P Global Mobility has released a report indicating that the US electric vehicle (EV) charging infrastructure must expand significantly to meet growing demand. Currently, there are approximately 140,000 charging stations, but projections show this number needs to quadruple by 2025 and increase over eight-fold by 2030. With 1.9 million EVs currently in operation, the market is set to grow rapidly, potentially reaching 28.3 million by 2030. The report highlights the necessity for about 700,000 Level 2 and 70,000 Level 3 chargers by 2025, emphasizing that today's infrastructure is inadequate.

S&P Global (NYSE: SPGI) has acquired TruSight Solutions LLC, enhancing its KY3P® vendor risk management platform. The acquisition, finalized on January 1, 2023, aims to establish common industry standards and streamline third-party risk assessments, easing the burden on financial service providers. The integration will enrich S&P's offerings with validated assessment data, fostering efficiency and cost-sharing among clients. This strategic move reflects S&P's commitment to innovative solutions in risk management.

S&P Global (NYSE: SPGI) has announced the acquisition of ChartIQ, enhancing its S&P Capital IQ Pro platform and workflow solutions. The acquisition, finalized on January 1, 2023, aims to improve data visualization and advanced charting capabilities for clients. ChartIQ, recognized for its professional-grade charting tools, will enable users to visualize data interactively across platforms. This integration is expected to provide clients with access to a broader dataset and improved analytics, thus unlocking new opportunities in public and private markets.

S&P Dow Jones Indices announced updates to its market capitalization eligibility criteria for the S&P Composite 1500 Indices, effective January 4, 2023. The new criteria include:

• Minimum market cap for S&P 500 lowered from US$ 14.6 billion to US$ 12.7 billion.
• S&P MidCap 400 minimum raised from US$ 3.7 billion to US$ 4.6 billion.
• S&P SmallCap 600 minimum adjusted from US$ 850 million to US$ 750 million.

The Float Adjusted Liquidity Ratio (FALR) requirement decreases from 1.0 to 0.75, aiming to reflect improved liquidity in market additions.

S&P Dow Jones Indices reported a net dividend increase of $14.6 billion in Q4 2022, down from $17.7 billion in Q3 2022 and $18.0 billion in Q4 2021. Overall for 2022, total increases reached $82.5 billion, while decreases surged to $14.3 billion, marking a 63.0% increase from 2021. The anticipated dividend growth for 2023 suggests continued strong payouts despite economic uncertainties. Notably, S&P 500 cash dividends achieved record levels, rising 10.8% year-over-year.

S&P Dow Jones Indices released the S&P CoreLogic Case-Shiller Indices for October 2022, revealing a decline in U.S. home price gains. The U.S. National Home Price Index increased by 9.2% year-over-year, down from 10.7% in September. The 10-City Composite rose 8.0%, and the 20-City Composite showed an 8.6% increase. Month-over-month, the indices fell by 0.5% (U.S. National), 0.7% (10-City), and 0.8% (20-City). Miami, Tampa, and Charlotte had the highest year-over-year increases. Economic conditions, including rising interest rates, may continue to pressure home prices.

The 41st annual CERAWeek by S&P Global will take place from March 6-10, 2023, in Houston, focusing on energy, climate, and security. Chaired by Daniel Yergin, the event will address challenges in the energy transition amid global volatility, emphasizing the need for secure, affordable, and sustainable energy solutions. Key themes include balancing energy security and affordability, geopolitics, and financing the energy future. The Innovation Agora will showcase cutting-edge technology in the energy sector. Notable speakers include leaders from various energy companies and governmental organizations.