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IHS Markit Corporate Sustainability

At IHS Markit, Corporate Sustainability is not a special project. Sustainability is a core element of our business model and key to our future performance. Our 2015 Sustainability Report provides a summary of 2015 results and 2016 goals. We are widely recognized for driving continued progress in addressing the critical economic, environmental and social issues facing organizations worldwide.

We are also advancing sustainability beyond IHS Markit. Our company is at the forefront of helping other public and private enterprises meet their sustainability goals. IHS Markit has demonstrated leadership by providing sustainability solutions to companies, non-governmental organizations, educational institutions and entire nations. We embrace opportunities to work with our customers in addressing global sustainability issues – including the United Nations Sustainable Development Goals.

Sustainability is good for business – for everyone. Making sustainability a top priority enables us to support customers in new ways and deliver stronger returns for our shareholders, as seen in our reports and metrics.

Progress

Building momentum toward a more sustainable world

Our 2015 Sustainability Report captures performance information from IHS FY 2015. It shares the results that we are achieving in three areas – economic, environmental and social – as we drive continuous improvement across our company and help other organizations address global challenges.

  • Economic
    Live Wise –  Governing for profitable long-term growth and advancing education
    Topics: Governance, Ethics and Transparency, Financial Overview, Socially Responsible Investing
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  • Environment
    Live Green - Caring for the planet
    Topics: 2015 Metrics, Energy Impact, Data Center Efficiency, Managing Resources and Reducing Waste, Sustainable Office Spaces, Greening the Supply Chain, Green Travel Suppliers, Environmental Outreach
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  • Social
    Live Well – Strengthening people and communities
    Topics: Human Rights and Diversity, Talent Acquisition, Learning and Career Development, Tuition Assistance, Work-life-balance and Competitive Benefits, Workplace Health and Safety, Community Impact, Volunteer Time Off, IHS Sustainability Awards, IHS Philanthropy
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Leadership

Expanding and aligning solutions to meet global goals

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.

In 2016, IHS Markit expertise and insights have supported SDG 5 – Gender Equality and SDG 10 – Reduced Inequalities in a number of different ways:

And this is just the beginning. We remain committed to the highest ethical standards as outlined in the IHS Markit Business Code of Conduct and Human Rights Policy. We are also a signatory to the World Economic Forum, Partnership Against Corruption (PACI).

Advancing sustainability across the global community

IHS Markit helps forward-thinking 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 of our shared success include:

  • Identifying the World’s Most Future Ready Economies – SDG 8
    IHS Economics Consulting leveraged the findings from the “2015 Strategic Innovation Summit: Enabling Economies for the Future,” hosted by Harvard University and Dell, to construct a future-ready economies model. The model, which can help cities identify the key enablers of innovations that will allow their economies to adapt and thrive in an ever-changing and globalized future, ranked 50 leading metro economies across three dimensions: Human Capital, Commerce and Infrastructure.
  • Making Progress on Universal Human Rights – SDG 10
    IHS Markit respects fundamental human rights and views them as a key component of responsible corporate citizenship. In addition to supporting the principles contained in the Universal Declaration of Human Rights, IHS Markit is committed to finding practical ways to apply those principles in daily operations, interactions with customers and in our communities. One example, the IHS Maritime & Trade division is helping to raise awareness via its editorial vehicle IHS Fairplay. News coverage includes the announcement of the Missing Mariner Database, operated by Human Rights At Sea (HRAS).
  • Mapping a Sustainable Energy Transition for the Philippines – SDG 7
    Shell commissioned IHS Markit to consult on complex energy-economy-climate issues faced by the Philippines power sector, the largest gas off-taker of the Malampaya Deep Water Gas-to-Power Project. IHS Markit colleagues from PGCR, Global Insight, and Life Sciences collaborated to develop state-of-the-art analytics that were deployed. The first study of its kind in the Philippines, it demonstrated the combined application of an energy modelling suite, an economic impact assessment (EIA) model and a bespoke health impact assessment (HIA) model. IHS Markit was able to answer critical issues relating to Philippines energy future and devise a plausible roadmap that has been discussed at the highest levels of government.
  • Advancing Smart Building and Operational Efficiencies – SDG 11
    Honeywell and IHS Technology 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.
  • Reducing GHG and Stimulating Economic Development in Emerging Economies - SDG 13
    IHS Technology and IHS ECR have supported the United Nations Environment Program (UNEP)’s United for Efficiency (U4E) initiative with analysis and insights as pro bono services. IHS Markit provided detailed market data on motor sales by motor type and by country, which will help countries adopt energy-efficiency measures and standards that will create markets for more efficient appliances. It takes a vital step toward GHG emissions reduction.
  • Delivering Value with Informed Geopolitical Risk Decisions – SDG 16
    AIG provides insurance coverage to commercial clients ranging from mid-size companies to Fortune 500 companies. Tracking so many risks requires comprehensive geo-political research. AIG saves time and money by relying on IHS Markit to provide underwriters with a wealth of information – for example, geo-political risk scores for every 500m2 sector of the earth’s surface and risk assessments for 6,400+ terrorist targets in 90 countries. AIG analysts use IHS Markit data to provide clients with selection decisions regarding risks as well as offering insights regarding unidentified risks and mitigation alternatives. See case study.
  • Maximizing Value to Farmers by Reducing Costs, Mitigating Supply Risks – SDG 2
    Monsanto is one of the world’s leading agriculture companies and its global procurement team plays a key role in helping the company provide solutions to farmers around the globe. A few years ago, that team turned to IHS Markit for consistent market intelligence to support planning across many categories of direct and indirect expenditures. Armed with insights into raw material costs, supplier dynamics and market trends, Monsanto saved $680 million in costs while mitigating supply risks for farmers. See case study.

From minimizing environmental impact, protecting workers and preventing potential business disruptions to ensuring product quality, operating efficiently and gaining access to new markets, IHS Markit has the proven ability to help you achieve your sustainability goals for today and tomorrow.

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Recognition & References

Acknowledged by the global community

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 fourth consecutive year
  • RobecoSAM Sustainability Yearbook 2016 - Silver rating
  • FTSE4GOOD Index of Companies
  • MSCI indices - listed on fives indices, four of which are ESG
  • EcoVadis 2016 - Silver rating
  • The Civic 50 top 50 most community-minded companies in America
  • Newsweek Green Rankings 2016 - #62 on the U.S. rankings list
  • Workplace Equality Index of companies
  • Corporate Responsibility Magazine's 2016 Most Responsible Companies Ranked by Industry Sector - Services
  • Corporate Responsibility Magazine's 2015 & 2016 Ladder Awards List - highlighting the TOP 50 companies that have climbed the most rungs in the Russell 1000
Annual reports, processes and priorities

At IHS Markit, sustainability is one of our top five company objectives, 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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