S&P Global


A Message from S&P Global Investor Relations


Throughout the global pandemic, the essential nature of S&P Global’s products and resiliency of our business model enabled us to continue to move ahead with the IHS Markit merger, launch innovative new products, and deliver strong financial results. On February 28, 2022, we closed the merger with IHS Markit. Moving forward, we are excited by the opportunities this historic merger creates by uniting a unique collection of assets and technology capabilities from two world-class organizations to benefit our people, our customers, and our shareholders.

In this year’s Investor Fact Book, we are highlighting:

And, as always, we include those sections most frequently sought by investors: 
  • Ten years of bond issuance data by world area and asset type
    pages 24–28 
  • S&P Global Ratings’ Track Record:  Standing the Test of Time
    page 29 
  • S&P Global Platts’ commodity futures contract history for benchmarks and expansion of its renewable energy business
    pages 46–47 
  • S&P Dow Jones Indices Annual Survey of Assets
    page 49 

Throughout the 2021 Investor Fact Book you will see examples of how the Company is providing essential intelligence that unlocks opportunity, fosters growth, and accelerates progress. The online edition features expanded content, including related video content, new reports/studies released during the year, and Excel downloads of key financials.

We would greatly appreciate any suggestions for additional content that you would find useful. Please pass along your suggestions and let us know if you have questions.

Mark Grant

Senior Vice President,
Investor Relations
C 347 640 1521

Celeste M. Hughes

Senior Manager, Communications
& Shareholder Relations,
Investor Relations
T 212 438 2192

Investment spending moderated in 2021 after exceptional activity in prior year

Investments for Growth

(dollars in millions)

’20$113$126$80$139’21$55$25nGlobalInnovation & Technology
  • Global
  • Domestic ratings in China 
  • Market Intelligence China initiative
  • Platts commercial expansion in Asia(1)
  • Innovation & Technology
  • Continued deployment of data science, AI, cloud, machine learning, and robotics tools(1)
  • SME product-build(1)
  • Marketplace commercialization(1)
  • Platts benchmark acceleration(1)
  • Continued Kensho collaboration
  • Platts agriculture acceleration(1)
  • Platts strategic partnerships
  • Platts platform functionality(1)
  • Platts energy transition(2)
  • Enterprise ESG(2)

Achieved majority of 2020 multiyear productivity program in 18 months

(in millions)Target Achieved by 4Q 2021Major Actions
Real Estate~$50~$50Optimization of real estate footprint
Procurement~$30~$26Strengthening approach to contract negotiations
Improve governance of contract consolidations
T&E~$20~$24Reduced T&E in post-COVID environment as paradigm shifts to more virtual interactions
IT Infrastructure~$20~$13Progressing data center consolidation and reduced redundant consumption
Total annual savings~$120~$113


Project completed


New investment in 2021