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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 Petra, Harmony, and Kingdom. 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.
Introduced in FY2013, the annual volunteer 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 colleagues are integral to our sustainability efforts, contributing innovative ideas, sharing time for charitable causes, raising awareness and making personal donations.
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.
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 (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.
CEO Diversity Pledge
Lance Uggla, President and member of the Board of Directors, signed the CEO diversity pledge on behalf of IHS Markit, committing to make our workplace a trusting places to have complex, and sometimes difficult, conversations about diversity and inclusion, to implement and expand unconscious bias education and to share best-and unsuccessful-practices.
Pride@IHSMarkit are groups open to all employees that aim to create a culture and a company that is welcoming and inclusive for LGBT+ colleagues. These groups raise awareness through communication and events with active employee Pride groups in the US, UK and India. Their remit, both internal and external, is to engage with partner networks, clients and the communities around us. In 2017, we launched a company-wide LGBT Ally program. An ally can be anyone who supports the LGBT+ community.
HeForShe Campaign in London Office
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 in London, the Women@IHSMarkit network came up with five key actions that every colleague can adopt and implement to make the office more gender equal.
As a HeForShe ambassador, a colleague commits to vocally and proactively uphold these pledges:
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 LGBT market that is changing paradigms across the automotive industry.
2015 Diversity Leader Award
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."
2015 Life at Work Award
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.