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IHS Markit colleagues are passionate about making a positive impact in their communities. In addition to corporate sponsored events, colleagues provide support over 600 organizations and institutions around the world through volunteering, philanthropic giving, In-kind donations and participation at the board level on many nonprofit organizations. These opportunities reinforce colleague engagement company-wide.
IHS Markit endorses three philanthropic and community areas:
2016 Highlights and 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 consist of IHS Petra, Harmony, and Kingdom. IHS Kingdom - a solution that allows geoscientists to make more accurate decisions about where and how to drill for oil and gas - represents 59% of our total US$ 336 million donation. Click here if you want to learn more about our Educational Grant Program.
IHS Markit colleagues are integral to our sustainability efforts, contributing innovative ideas, sharing time for charitable causes, raising awareness and making personal donations.
Volunteer Time Off Benefit
Introduced in FY2013, the annual Volunteer Time Off (VTO) benefit offers three days of of paid time off for all colleagues to volunteer during their work day. With this new benefit in place, IHS Markit colleagues volunteered more than 35,000 hours in 2016 (a 14 percent increase from 2015). Our 2017 volunteer goal is 40,000 hours, which will help us exceed 150,000 volunteer hours since 2012.
IHS Markit Sustainability Awards
To drive participation and celebrate progress, IHS Markit has a quarterly award program recognizing IHS Markit colleagues who take initiative to promote sustainability. In the spirit of sustainability, the award itself is sustainable, in which winning entrants microlend to a project of their choice through KIVA©. Since 2009, we have had 633 award nominations and 245 winners. In addition, we also recognize leadership and role modeling in Sustainability, through our Annual Sustainability Leadership Awards program. This includes recognition of one individual in the company who demonstrates leadership and role modeling in sustainability, and, our top offices, most engaged in sustainability.
Signatory of 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.
"At IHS Markit, we recognize and value the importance and power of diversity and its criticality to the sustainable success of our business and company," said Jerre Stead, IHS Markit chairman and CEO. "Signing on to the WEPs is a natural step, signaling our commitment towards empowering all colleagues, and supporting the development and empowerment of women globally in advancing an inclusive, productive and fair society." Read the full IHS Markit news release here.
The Civic 50
In 2016, IHS Markit was recognized as one of America's 50 most community-minded companies byThe Civic 50, an annual initiative from Points of Light that identifies and recognizes companies who invest talent, time and resources to partner with and help improve the communities where they do business.
Life at Work Award 2015
IHS Markit Malaysia won the Life at Work Award in Best Lean Organization category (companies with less than 500 employees), which recognizes and celebrates employers that demonstrate drive, commitment and tenacity to champion diversity and inclusion in their workplace.
Diversity and Inclusion
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 (LGBT) equality in the workplace. Inclusion is based on a number of criteria including non-discrimination practices, benefits for LGBT employees and their families, as well as support of the company’s LGBT employee group.
IHS Automotive's Marc Bland received the 2015 Diversity Leader Award from the Profiles in Diversity Journal. This award recognizes "outstanding diversity officers and chief diversity ambassadors whose work to leverage the power of their companies diverse workforce is instrumental to their business's success."