S&P Global Launches StepForward: $10 Million Initiative Preparing Global Youth for AI-Enabled Futures
S&P Global (NYSE: SPGI) launched StepForward, a three-year philanthropic initiative committing $10 million to prepare youth for an AI-enabled workforce.
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Rhea-AI Summary
S&P Global (NYSE: SPGI) launched StepForward, a three-year philanthropic initiative committing $10 million to prepare youth for an AI-enabled workforce. The program will award grants to international and regional nonprofits focused on workforce readiness and AI upskilling, and will leverage S&P Global's data, analytics and technology expertise.
StepForward will expand employee skills-based volunteering, announce grant awards in 2026, and build on prior AI education efforts including company training and external partnerships.
Details
News Market Reaction – SPGI
On Dec 17, the day this news came out, SPGI closed 2.15% above the previous close.
Data tracked by StockTitan Argus for the Dec 17 session.
Key Figures
- StepForward funding
- $10 million
- Total planned investment over the next three years
- Program duration
- Three years
- Length of StepForward philanthropic initiative
- Award timeline
- 2026
- Foundation expects grant awards to be announced in 2026
Historical Context
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Announcement of TPM26 conference on tariffs, resilience and supply chains.
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Platts Global Energy Awards recognizing global energy companies across categories.
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GEP Global Supply Chain Volatility Index showing slack capacity into 2026.
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Multi-year Google Cloud partnership to accelerate AI and data distribution.
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Clean Energy+ trends report linking AI-driven power demand to energy markets.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Key Terms
ai-enabled workforce technical
ai upskilling technical
artificial intelligence technical
AI-generated analysis. How Rhea-AI works. Not financial advice.
Three-year philanthropic program will award grants to nonprofits focused on workforce readiness and AI education
Through StepForward, S&P Global and the S&P Global Foundation will invest
The program will feature a portfolio of international nonprofit partners focused on youth and workforce readiness. Additionally, the S&P Global Foundation will introduce a regional grants program to support local nonprofits with creative approaches to early-career workforce development and AI upskilling.
StepForward will also expand skills-based volunteering opportunities for S&P Global employees, including activities during Global Volunteer Week and other local initiatives in 2026.
"As we continue to harness the power of AI to drive innovation across our business, we recognize the critical importance of preparing the next generation for an AI-driven economy. This is about more than education—it's about unlocking potential, widening access, and helping the next generation step confidently into the careers and opportunities of tomorrow," said Martina Cheung, President and CEO, S&P Global.
The initiative builds on S&P Global's commitment to AI education, including the company's participation in the White House Pledge to America's Youth: Investing in AI Education earlier this year. The Foundation expects awards to be announced in 2026.
"StepForward extends our People Forward philosophy into global communities, ensuring young people worldwide have access to the skills and opportunities they need to thrive in tomorrow's workplaces," said Girish Ganesan, Chief People Officer, S&P Global.
S&P Global has long championed AI adoption and upskilling as part of workforce strategy through EssentialTECH education, mandatory 'AI for Everyone' employee training, internal tools including Kensho Spark Assist and a recent workforce development partnership with Eightfold AI.
Learn more about Artificial Intelligence at S&P Global:
https://www.spglobal.com/en/research-insights/market-insights/artificial-intelligence
Media Contacts:
Orla O'Brien
S&P Global
+1 857 407 8559
orla.obrien@spglobal.com
Alexis Weakley
S&P Global
+1 610 390 4394
alexis.weakley@spglobal.com
About S&P Global
S&P Global (NYSE: SPGI) enables businesses, governments, and individuals with trusted data, expertise and technology to make decisions with conviction. We are Advancing Essential Intelligence through world-leading benchmarks, data, and insights that customers need in order to plan confidently, act decisively, and thrive economically in a rapidly changing global landscape.
From helping our customers assess new investments across the capital and commodities markets to guiding them through the energy expansion, acceleration of artificial intelligence, and evolution of public and private markets, we enable the world's leading organizations to unlock opportunities, solve challenges, and plan for tomorrow – today. Learn more at www.spglobal.com.
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SOURCE S&P Global
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