S&P Global (NYSE: SPGI), a leading provider of ratings, benchmarks, analytics and data to capital and commodity markets worldwide, today announced the opening of a new green-building office in Hyderabad, India.
The new office in the Skyview building covers 241,000 square feet and has a multitude of sustainable features that have earned itU.S. Green Building Council (USGBC) Gold-rated LEED certification.
An innovative facade design reduces the carbon footprint of the facility by optimizing natural lighting and reducing heat and glare and HVAC operational costs. The building also uses resources in a sustainable way, with features such as a rainwater harvesting system, treated water for irrigation and flushing, environmentally friendly HVAC & R equipment and use of recycled material. Additional green features wide-open spaces with abundant greenery, natural light and optimized air circulation, as well as automatic sensor lighting and sensor operated toilets and taps.
“At S&P Global, we are committed to investing in India and in our people, with the ultimate intent of contributing to a better, more sustainable world. With a blend of innovative sustainable ideas and state-of-the-art architecture, our Skyview office exemplifies our eco-friendly approach to business,” said Abhishek Tomar, Managing Director of India Operations for S&P Global and Chief Data Officer, S&P Global Market Intelligence. “Globally, our goal is to power the markets of the future with an unparalleled array of environmental, social and governance (ESG) products and solutions.”
S&P Global helps market participants create resilient strategies to maximize financial performance and build a sustainable future via its ESG products: the inaugural ESG Index for the S&P 500®; a forward-looking ESG corporate benchmark from S&P Global Ratings; and a new tool that evaluates companies’ performance against the Sustainable Development Goals (SDGs).
An in-house Green Team is also driving sustainable initiatives, such as replacing paper marketing material with digital displays, encouraging employees to commute via carpool or bike pool and use only certified sustainable resources such as FSC certified paper.
“With Hyderabad poised to become one of the largest technology hubs in India, and the value we place on recruiting and retaining the top talent in the region, it is imperative that our offices reflect our company values on sustainability and creating environments where our people can not only work but thrive. The new office not only meets sustainability standards but also enables our employees to exemplify sustainable and inclusive practices throughout our communities,” said Nischal Patel, Head of Operations- Hyderabad at S&P Global.
S&P Global also contributes to sustainability in India in other ways. We offset carbon emissions from employee travel by buying carbon offsets that support the West India Wind Power Project. Through this program, S&P Global is helping to deliver 375,000 MWh of clean renewable energy into India’s national grid, which otherwise would have been derived from fossil fuel power stations. We also help people in the local community maintain full-time work in both operational and security roles, aligning with our Elevate People pillar of S&P Global’s CR strategy, which supports economic development where it’s needed.