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Corporate Sustainability

Supporting our colleagues and global communities

Social: Our corporate philanthropy policy and commitment to diversity and inclusion, including the Women's Empowerment Principles, guide us to be a responsible employer and corporate citizen. We are proud of the continued progress in creating a culture of inclusion and a workplace where colleagues are offered excellent benefits and opportunities to grow and thrive.

The CECP: The CEO Force for Good, in association with The Conference Board, found in their 2017 Giving in Numbers report that IHS Markit was among the top quartile (top 25 percent) of companies when measuring total direct donations and in-kind giving. As one of America's 50 most community-minded companies in the 2016 Civic 50, we actively provide aid to our communities through employee engagement in philanthropic and citizenship efforts. Our work in EMEA, APAC and the Americas supports local efforts that advance education, health and wellness and environmental stewardship. IHS Markit colleagues contributed more than 57,000 volunteer hours and raised over $496,000 in 2019. This includes 181 shavees from 30 global offices who raised an IHS Markit record of $452,241 for childhood cancer research through our long-term partnership with the St. Baldrick's Foundation.

Community & philanthropy

Our employees share a common mission to promote the welfare of others, be socially responsible and have a positive impact in society. Every employee has the power to impact their community in a meaningful way and work for the causes they are passionate about.

Per our corporate philanthropy policy, we partner with not-for-profit charities and causes by investing in our communities through financial and in-kind donations including volunteerism, product and pro bono services, and providing tangible assets like furniture, medicine, food and clothing. We are dedicated to advancing education with a priority on STEM, practicing environmental stewardship, and improving the health and wellness of our communities. In any given year, we supported about 1,000 organizations globally through volunteerism and donations from both corporate and employee engagement.

IHS Markit endorses three philanthropic focus areas:

  • Advancing education with a focus on science, technology, engineering and math (STEM)
  • Reducing our environmental impact through stewardship
  • Strengthening the health and wellness of our communities, including inclusiveness

Volunteering

Our employees are integral to our sustainability efforts by contributing innovative ideas, raising awareness and sharing their time for charitable causes. Our volunteer policy offers employees three days of paid time off to volunteer. With this annual benefit in place, our employees surpassed 270,000 volunteer hours since 2012

2019 highlights and donations

  • ~1,400 organizations supported (see our 2018 list for example set of organizations)
  • Volunteered 57,400 hours in 2019 (a 10 percent increase from 2018)
  • $1,122,439 dollars in direct corporate donations to non-profit organizations and causes (32% increase from 2018)
  • More than $496,292 dollars raised and donated by our employees to non-profit organizations and causes (which includes $352,241 raised for the St. Baldrick's foundation towards childhood cancer research)
  • Established an IHS Markit trust with $3M set aside for future charity contributions 
  • Our global network of sustainability champions led volunteering efforts at 80+ offices (see our sustainability snapshots)

Educational product donations

As part of our strategy to advance education in science, technology, engineering and mathematics (STEM), IHS Markit donates a significant amount of our geological, oil, gas and financial software products to universities as in-kind donations. A majority of our donations come from our Petra, Harmony, and Kingdom solutions. For example, Kingdom - a platform that allows geoscientists to make more accurate decisions about where and how to drill for oil and gas - represents 64% of our total donations. Please read a short excerpt on the impact of one of our donations to Texas Tech University or visit our Educational Grant Program website to learn more about all the engineering and geological products provided to educational institutions.

Employee learning and development

The Academy is the home for all learning and development for IHS Markit employees. We believe that learning and development is vital to the growth of our employees and the success of our company. It is based on 2 principles:

  • We are all teachers, we are all learners. If we pool our network of specialists and share knowledge across the firm, then we will all constantly learn, feel challenged and grow while creating impact and value. Our Academy aims to bridge the gap between teachers and learners by providing opportunities for our employees to share, learn, grow and develop together
  • Learning is tailored towards adult education by focusing on the 70:20:10 rule. 70 percent of learning occurs on-the-job alongside our talent and experts, 20 percent from coaching and mentoring, and the remaining 10 percent from typical class offerings

In its first year of the Academy, employees have completed more than 120,000 hours of learning with over 600,000 individual touch points. We have goals to further increase employee engagement including the creation of a Academy Champions network that will advocate for and drive the program across our global offices.

Below is a list of our learning and development opportunities available to our employees:
On-demand learning

LinkedIn Learning

Access to over 5,000 online courses covering business, management and leadership, technology, creative, and soft skills.

Top courses chosen by IHS Markit employees:

  1. Power BI Essential Training
  2. Learning Python
  3. SQL Essential Training
  4. Excel: Macros and VBA for Beginners
  5. Python Essential Training
IHS Markit expertise

Connect and Learn

Across IHS Markit we have a large pool of talented colleagues who are subject matter experts in their field. Academy connect & learn sessions provide a platform for employees to share their knowledge. Sessions can take many different forms from virtual sessions where everyone is welcome to join, local office face-to-face sessions, or smaller focus group type sessions.

Example topic sessions:

  1. Understanding automotive forecasting
  2. BOM intelligence
  3. Strategy and strategic thinking
  4. 12 Cs of great leadership
  5. Uncovering your sales mindset
  6. LIBOR changes – How do they affect me?
Team development

Emergenetics

Psychometric tool which explores how employees prefer to think and behave using a blend of unique thinking and behavioral attributes and, more importantly, allows employees to see how they can work best with others.

Our Emergenetics offerings include:

  1. Interactive workshops that introduces the concept
  2. Individual profile debriefs with an Emergentics faculty member
  3. Sessions with IHS Markit business teams

Great Teams

Research-based approach to team building using a series of tools and our network of coaches across IHS Markit. The program helps employees have more effective meetings, improve trust and support both individual and team growth.

Manager academy

Our Manager Academy is a learning program that provides managers with the knowledge and skills to develop into great people leaders. Focusing on the ten expectations of great managers, the academy is delivered through a variety of modules that include self-paced and on-demand learning, live-virtual sessions, in-person sessions, workshops, boot camps, reading material, and even online tests and assessments.

Our Manager Boot Camp is the name of in-person training sessions designed to launch the Manager Academy, and contains the first four modules of the Manager Academy curriculum.The boot camps are ~3-hour long sessions, led by a local senior leader.

From 2018-2019, we have hosted manager boot camps in 20+ global locations, with over 1,000 attendees

Innovation Month

Celebrating 3 years, Innovation Month is our internal global event to encourage colleague collaboration, explore ideas that solve problems, and ultimately help meet our customers’ needs. It doesn’t just mean the big new product or service we launch, it’s also the small incremental changes that we make both to the services we offer and how we run our company. So it could be new products, could be new ways of doing things, new processes or systems or new ways to service our customers.

119 ideas were submitted in 2020, resulting in 60 business cases submitted from colleagues across all regions and divisions of IHS Markit, with 4 finalists. The 4 winning ideas concerned scaling carbon offsets markets to meet future demand, retaining women in challenging times, improving supply chain visibility for manufacturers, and understanding effects of network connectivity.

Graduate program

We offer a full-time graduate program know as Early Careers. As part of Early Careers, students get an immersive introduction to IHS Markit and accelerate their development alongside our industry experts, acquiring essential skills for a successful transition into the professional world. Learning is a continuous part of this process as we leverage classroom-based, digital, and peer-to-peer learning opportunities throughout the program, alongside mentoring and career development guidance.

Learn More

Global mentorship program

Every year we launch our mentorship match for all colleagues where we set up mentees with potential mentors. We believe that mentoring and reverse mentoring benefits everyone, regardless of location, corporate title, job-level or business area. It offers the opportunity to build your career, improve your skills, learn from someone with a diverse perspective and widen your professional network.

Professional training and development

Training related to your job is also crucial for career development, innovation and improving performance at work. Outside the offerings from our Academy, IHS Markit provides, when needed, specialized employee training and development inside our business lines.
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