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Corporate Sustainability

Advancing inclusion and diversity

Inclusion: IHS Markit strives to promote an inclusive and belonging environment in which all employees feel welcomed, challenged and rewarded for their contributions. We have colleagues in countries around the world, and they are unique in their cultures, experiences, backgrounds and skills. We leverage this organizational diversity through our commitment to our Core Values of Accountability, Customer Focus, Inclusiveness, Innovation, Integrity and Partnership. Our ability to attract, develop and retain the best and brightest talent is the cornerstone of our competitive advantage. We take pride in cultivating a working environment in which creativity and innovation can flourish, colleagues can develop their careers and we can ensure the long-term success of our business strategies.

We will always treat others with respect and dignity, and contribute to a workplace and society that is characterized by inclusiveness. Discrimination or harassment based on a person's race, color, religion, sex, sexual orientation, gender identity or expression, national origin, disability, age, pregnancy, veteran status or any other characteristic protected by law is never acceptable. Our commitment to inclusiveness is something we will continue to progress through mandatory anti-harassment and anti-discrimination training for all employees, mentoring, networking, outreach, community partnerships,  and corporate campaigns.

Our actions

Women's Empowerment Principles

IHS Markit is a signatory of the Women's Empowerment Principles (WEPs) in a continued effort to actively participate in, and contribute to, advancing equality. The participation of IHS Markit in the WEP represents a significant and actionable step in support of the United Nations Sustainable Development Goal 5, which seeks to achieve gender equality and empower all women and girls. Read the full IHS Markit news release.

France Professional Equality Index

UK gender pay gap reports

Our 2019 UK gender pay gap report shows a median gender pay gap of 24.81% (decrease of 1.86 points since 2017) - highlighting the difference in pay of our female and male colleagues in the UK. In 2019 we made progress on key commitments to address our gender pay gap:

  • Launched a new talent framework, the IHS Markit Way, that provides transparency to our people of what is expected of them, including the skills and behaviors, at every level within the firm. This framework adds objectivity into our promotion process
  • Provided guidance on unconscious bias awareness to all promotion boards and carried out gender balance checks throughout the process to ensure objectivity and consistency
  • Moved closer to our goal of having a female candidate for every job role interviewed through launching a number of initiatives to improve the diversity of our hiring pools and selections
  • Launched our inclusion council which is responsible for driving, sponsoring and championing inclusion across IHS Markit. Achieving gender balance is a key focus for the group
  • Rolled out our unconscious bias training across the organization
  • Established long term gender goals and are in the process of operationalizing them at the business level
  • Launched a parental leave support program designed to help both managers and employees throughout periods of parental leave, ensuring a positive experience for both

In addition to continuing our 2019 commitments, this year we will:

  • Operationalize our gender diversity goals
  • Build a development program specifically aimed at female career growth and retention
  • Engage with our people through forums and surveys to better understand our female career dynamics
  • Develop stronger flexible working programs

CEO Action for Diversity and Inclusion

Lance Uggla, chairman and CEO, joined the CEO Action for Diversity and Inclusion pledge on behalf of IHS Markit, committing to make our workplace a trusting places to have conversations about diversity and inclusion, share best—and unsuccessful—practices, and to implement and expand unconscious bias education to all colleagues.

Pride@IHSMarkit

Pride@IHSMarkit is a network of global groups open to all employees with the aim to create a culture and a company that that is welcoming and inclusive for LGBTQ/LGBT+ employees. Their remit, both internal and external, is to engage with partner networks, clients and our communities.

Example Pride initiatives since 2017:

  • Launched a company-wide LGBT+ Ally program. An ally can be anyone who supports the LGBT+ community. We have over 300 allies in London alone
  • Partnered with LGBT+ industry networks such as the Intertech LGBT+ Diversity Forum, Interbank LGBT Forum and the Interchange LGBT
  • Regularly conduct global lunch and learn sessions for employees around LGBT+
  • Scored 100% on the 2019 and 2020 Corporate Equality Index criteria based on our corporate practices with respect workforce protections, inclusive benefits, inclusive culture and responsible citizenship
  • Stonewall Diversity Champion since 2019

HeForShe campaign

IHS Markit is proud to participate in the HeForShe campaign to underline our commitment to gender diversity and equality in the workplace. In our pilot rollout, the London office came up with five key actions, unique to the office, that every employee can adopt and implement to improve gender equality.

Currently, we have full programs in London and Bangalore and emerging programs in Englewood, Coulsdon and New York. Our 2018 goal is to rollout the HeForShe campaign to our larger offices, engaging at least 50% of our employees in this campaign.

As a HeForShe ambassador, an employee commits to vocally and proactively uphold these pledges:

  • Challenge unconscious gender bias
  • Ensure all voices are heard in meetings
  • Share office housework evenly
  • Encourage all team members to realize their potential and develop equally
  • Make work work for parents

Recognition

Best Place to Work for LGBTQ Equality

IHS Markit received a score of 100 (out of 100) on the 2020 Corporate Equality Index (CEI), a benchmarking survey and report on corporate policies and practices relating to lesbian, gay, bisexual, transgender and queer (LGBTQ) workplace equality administered by the Human Rights Campaign Foundation. The score reflects our commitment to LGBTQ workplace equality, with respect to policies, benefits, and practices.

Workplace Equality Index

IHS Markit is listed on the Workplace Equality Index®, an equity index comprised of the world's leading equality-minded companies. It consists of companies that support lesbian, gay, bisexual and transgender (LGBTQ) equality in the workplace. Inclusion is based on a number of criteria including non-discrimination practices, benefits for LGBTQ employees and their families, as well as support of the company's LGBTQ employee group.

Women leaders in technology and finance

Bethany Baer, managing director and chief technology officer of IHS Markit Digital, was named Technology Leader of the Year at the inaugural Women in Technology and Data Awards presented by Waters Technology magazine. The award recognizes, promotes and celebrates the contribution that women make across the capital markets, specifically in the data and technology industries.

Sally Moore, executive vice president and head of strategic alliances, was recognized as one of 2918’s 100 Most Influential Women in European Finance by the Financial News. “The recognition of Sally’s achievements and contributions to our company’s success is well deserved,” said Lance Uggla, chairman and CEO of IHS Markit. “Through her connections across the financial services sector, Sally has built strong and innovative alliances that are central to our commercial strategy.”

2017 Annual Innovation in Diversity Award

Profiles in Diversity Journal recognized IHS Markit as a Top 10 winner of their 2017 Annual Innovation in Diversity Awards, for developing innovative customer solutions in the area of workforce diversity and inclusion. The recognition cites Automotive's data and insight into the LGBTQ market that is changing paradigms across the automotive industry.

2017 Life at Work Award

IHS Markit Malaysia was recognized at a national level, winning the Best Lean Organization for the Life at Work National Awards. Initiated by Talent Corporation Malaysia Berhad (TalentCorp) and organised in collaboration with the Ministry of Women, Family and Community Development, the award recognizes and celebrates employers with leading workplace strategies that demonstrate drive, commitment and tenacity to champion diversity and inclusion. IHS Markit Malaysia received the same recognition in 2015.

Equal employment opportunity (EEO)

It is the policy of IHS Markit to provide equal employment opportunity (EEO) to all persons regardless of age, color, national origin, citizenship status, physical or mental disability, race, religion, creed, gender, sex, sexual orientation, gender identity and/or expression, genetic information, marital status, status with regard to public assistance, veteran status, or any other characteristic protected by federal, state or local law. In addition, IHS Markit will provide reasonable accommodations for qualified individuals with disabilities.

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