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Corporate Sustainability

Social - Improving health and wellness, education and the environment

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 support our communities through employee engagement in philanthropic and citizenship efforts. This includes efforts in EMEA, APAC and the Americas, supporting local efforts that advance education, health and wellness and environmental stewardship. IHS Markit colleagues contributed almost 52,000 volunteer hours and raised over $425,000 in 2018. In 2019, 181 shavees in more than 30 global offices raised an IHS Markit record of $436,936 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 2018, we supported almost 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

2018 highlights and donations

  • ~1,000 organizations supported
  • ~52,000 volunteer hours (5% increase from 2017)
  • $847,732 dollars in direct corporate donations to non-profit organizations and causes (17% increase from 2017)
  • More than $426,000 dollars raised and donated by our employees to non-profit organizations and causes (which includes $362,443 raised for the St. Baldrick's foundation towards childhood cancer research)
  • Check out our sustainability snapshots

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 the opportunity to take three days of paid time off to volunteer. With this annual benefit in place, our employees volunteered 52,000 hours in 2018 surpassing more than 210,000 volunteer hours since 2012. Our 2018 volunteer goal is to exceed 55,000 hours.

2018 highlights:

  • Volunteered 52,000 hours (a 4 percent increase from 2017)
  • Supported 950+ organizations
  • Our global network of sustainability champions led volunteering efforts at 80+ offices

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.

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