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IHS Markit Corporate Sustainability

At IHS Markit, we take a holistic approach to corporate sustainability.

Advancing sustainability at IHS Markit

We had numerous accomplishments in 2017 including being named to the Dow Jones Sustainability Index for the fifth consecutive year and achieving Bronze Class distinction in the 2018 RobecoSAM Yearbook. We are extremely proud of employee engagement in communities and their contribution of more than 49,000 volunteer hours in local sustainability projects. We also raised $362,443 for St. Baldrick’s in one of our largest global fundraiser to date. With respect to inclusion, we started the rollout of a HeForShe campaign in our global offices. Finally, as we are working out the details for the transition to 100% renewable energy, we are finalizing the purchase of carbon offsets in 2018 to offset our 2017 footprint associated with office energy usage and business air travel.
Economic

Advancing sustainable and ethical business practices.

Topics: governance, ethics and transparency, human rights, risk management, financial performance, socially responsible investing, diversity and inclusion.

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Environment

Reducing the environmental impact in our operations and supply chain.

Topics: energy impact and efficiency, RE100 commitment, data center efficiency, managing resources and reducing waste, sustainable offices, supply chain, green travel suppliers, sustainable design, data assurance.

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Social

Improving the health and wellness of our communities.

Topics: community impact, volunteering, philanthropy and giving, academic donations, advancing education, STEM.

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Customer solutions

Helping organizations around the world address sustainability challenges.

Topics: automotive, renewables, environmental registry, economics and country risk, life sciences, technology, third-party risk.

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Progress against our peers

IHS Markit is committed to advancing best practices in corporate sustainability and we are proud to be in the company of other world-class organizations that are addressing the many dimensions of sustainability.

  • Dow Jones Sustainability Index - North America - listed for the fifth consecutive year
  • 2018 RobecoSAM Sustainability Yearbook - Bronze
  • 2016 RobecoSAM Sustainability Yearbook - Silver
  • 2017 EcoVadis CSR Rating - Silver
  • 2018 Corporate Equality Index (CEI) - Scored 90 (out of 100)
  • Workplace Equality Index - Listed
UN sustainable development goals (SDGs)
At IHS Markit, we continue to develop multi-faceted information solutions to help industry leaders and non-profit agencies around the globe meet their sustainability challenges while also strengthening our own corporate sustainability efforts. Together with our customers and partners, we are actively supporting the United Nations Sustainable Development Goals, 2030 Agenda – “17 Goals to Transform Our World.” The UN Sustainable Development Goals (SDGs) are a framework that many different kinds of organizations can use to identify critical needs and develop effective strategies. We are proud of the progress that we are making towards multiple SDGs both inside and outside of IHS Markit.

17 goals to transform our world

Diversity and inclusion

Our employees reflect a broad spectrum of backgrounds and perspectives. We believe that embracing a diverse and inclusive environment is the foundation that defines our business and empowers our people. We recognize the value we create through this approach. Our commitment to openness continues through mentoring, networking, outreach and community partnerships. The following are just some of the activities we are undertaking to build diversity and inclusion at IHS Markit, supporting SDG 5 (Gender Equality), SDG 8 (Decent Work and Economic Growth) and SDG 15 (Peace, Justice, and Strong Institutions):

  • In 2017 IHS Markit joined the 30% Club whose signatories commit to the goal of achieving 30% female independent directors on their boards. IHS Markit currently has 27% female independent directors.
  • IHS Markit signs the Women's Empowerment Principles (WEP). WEP offers guidance on empowering women in the workplace, marketplace and community. It was created through collaboration between the UN Entity for Gender Equality and the Empowerment of Women (UN Women) and the United Nations Global Compact. News release.

  • Lance Uggla, Chairman and CEO of IHS Markit, signs the CEO diversity pledge on behalf of IHS Markit, committing to make our workplace a trusting places to have complex, and sometimes difficult, conversations about diversity and inclusion and to implement and expand unconscious bias education.
  • IHS Markit issues an official statement on Modern Slavery and Human Trafficking. We uphold the protection of internationally recognized human rights and do not tolerate violations in any part of our organization or supply chain.
  • Pride@IHSMarkit are groups open to all employees that aim to create a culture and a company that is welcoming and inclusive for LGBTQ colleagues. These groups raise awareness through communication and events with active employee Pride groups in the US, UK and India. Their remit, both internal and external, is to engage with partner networks, clients and the communities around us. In 2017, we launched a company-wide LGBTQ Ally program. An ally can be anyone who supports the LGBTQ community.
  • In April 2018 we published our UK gender pay gap report showing a median gender pay gap of 26.67% - highlighting the difference in pay of our female and male colleagues in the UK. As part of commitment to diversity and inclusion, the report also affirms the steps we are taking to address this gender pay gap globally.

Our information, analytics and expertise

IHS Markit helps organizations around the world address a broad array of sustainability challenges. Working with industry leaders or non-profit agencies - on both paid engagements and pro bono projects - we provide solutions that harness information, analytics and expertise to achieve Sustainable Development Goals throughout organizations and around the world. Examples include:

  • Helping cities drive sustainable growth with economic analysis: As a Platform Partner with 100 Resilient Cities - Pioneered by the Rockefeller Foundation (100RC), IHS Markit assesses critical economic challenges and recommends potential paths forward for cities around the world. IHS Markit experts provide macroeconomic data and analysis through local workshops that help municipal decision makers and stakeholders understand broad economic trends and identify specific opportunities to support industry growth and job creation, as well as recognize ways to mitigate threats to regional competitiveness and business vitality. See press release. SDG 8 - Decent Work and Economic Growth
  • Providing electric motor data to the UN's United For Efficiency initiative: As a pro bono service, IHS Markit experts in technology as well as economics and country risk supported the United Nations Environment Program (UNEP)’s United for Efficiency (U4E) initiative by providing detailed market data on motor sales by motor type and by country. The data included country assessments of the benefits of adopting higher efficiency standards for electric motors, which can persuade developing and emerging countries to reduce their GHG emissions. See the 2017 U4E Policy Guide. SDG 13 - Climate Action
  • Advancing smart building and operational efficiencies: Honeywell and IHS Markit authored a white paper titled, Put Your Buildings to Work, reporting on how smart buildings can increase the sustainability, safety and energy performance of a building, while reducing operational cost. The Honeywell Smart Building Score is used as a universal and flexible framework to easily assess any building. Arising from this research, the report identifies a clear call to action for property owners, building managers and the AEC industry to improve building standards and their impact on occupants of the workplace. See whitepaper here. SDG 11 - Sustainable Cities and Communities
  • Helping Dell launch the Dell Women Entrepreneur Cities Index (WE Cities): Global gender-specific research powered by IHS Markit research examines the ability of global cities to attract and support high potential women entrepreneurs. See the 2017 Dell WE Cities Index. SDG 5 - Gender Equality

Reference library

Annual updates, scorecards and policies

At IHS Markit, sustainability is a priority, supported by a global framework, guided by company-wide policies and with targeted common goals. Our success in achieving this objective is the result of intensive colleague innovation, engagement, commitment and execution. View our document library detailing our priorities and progress to date.

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