S&P Global Announces Investment in Measurabl, Inc.

NEW YORK, Jan. 17, 2019 /PRNewswire/ -- S&P Global (NYSE: SPGI), a leading provider of transparent and independent ratings, benchmarks, analytics and data to the capital, corporate and commodity markets worldwide, announced an investment in the Series B funding of Measurabl, the world's most widely adopted software for commercial real estate environmental, social, and governance (ESG) data management.

According to Measurabl, over 30,000 commercial buildings representing nearly 7 billion square feet across 70 countries measure, manage, and report ESG performance using its service.

"Measurabl provides a unique view of ESG metrics on real estate assets and is well-positioned to continue to lead in this space, which is why we are very excited about this investment," said Martina Cheung, President of S&P Global Market Intelligence. "We view ESG as critical to long-term value creation for companies, investors, and other stakeholders in the market. Through investments like Measurabl, S&P Global continues to be well-positioned to deliver solutions that meet the rising market demand for tools, standards and data to measure ESG in the global markets."

Matt Ellis, Measurabl's Founder & CEO added: "Real estate is the world's largest asset class. It's also one of the most environmentally and socially impactful. But the industry lacks timely, comparable, and objective ESG data and insights, resulting in billions of lost time and missed opportunity. We are excited about S&P Global's investment and to further explore opportunities in leveraging their expertise with our market-leading software and expansive data."

With a comprehensive view of ESG throughout the global markets, the investment in Measurabl further strengthens S&P Global's long-standing history as a leader in ESG data and insights.

S&P Global developed its first ESG product over 20 years ago with the launch of the S&P Dow Jones Sustainability World Index. The Company's acquisition of Trucost in 2016 added an essential and growing suite of ESG tools for customers such as the Trucost SDG Tool. The following year, S&P Global Ratings launched Green Evaluations, and they are currently developing a proposed ESG evaluation. Furthermore, S&P Global Platts provides clients with a 2 degree scenario planning service, and S&P Global Market Intelligence recently launched dedicated ESG news coverage to customers across the globe.

S&P Global also emphasizes reducing its own environmental impact, while supporting world-wide sustainability as an essential business imperative. In 2018, S&P Global made the Top 25 of JUST Capital and Forbes' corporate citizen rankings scoring exceptionally on worker pay and treatment, customer respect, product quality, environmental impact and other areas of upstanding corporate behavior.

Forward-Looking Statements:  This press release contains "forward-looking statements," as defined in the Private Securities Litigation Reform Act of 1995. These statements, which express management's current views concerning future events, trends, contingencies or results, appear at various places in this press release and use words like "anticipate," "assume," "believe," "continue," "estimate," "expect," "forecast," "future," "intend," "plan," "potential," "predict," "project," "strategy," "target" and similar terms, and future or conditional tense verbs like "could," "may," "might," "should," "will" and "would."  For example, management may use forward-looking statements when addressing topics such as: the outcome of contingencies; future actions by regulators; changes in the Company's business strategies and methods of generating revenue; the development and performance of the Company's services and products; the expected impact of acquisitions and dispositions; the Company's effective tax rates; and the Company's cost structure, dividend policy, cash flows or liquidity.

Forward-looking statements are subject to inherent risks and uncertainties. Factors that could cause actual results to differ materially from those expressed or implied in forward-looking statements include, among other things:

• the impact of the recent acquisition of Kensho, including the impact on the Company's results of operations; any failure to successfully integrate Kensho into the Company's operations; any failure to attract and retain key employees; and the risk of litigation, unexpected costs, charges or expenses relating to the acquisition;
• worldwide economic, financial, political and regulatory conditions, including conditions that may result from legislative, regulatory and policy changes associated with the current U.S. administration or the United Kingdom's withdrawal from the European Union;
• the rapidly evolving regulatory environment, in Europe, the United States and elsewhere, affecting Ratings, S&P Global Platts, Indices, and S&P Global Market Intelligence, including new and amended regulations and the Company's compliance therewith;
• the Company's ability to make acquisitions and dispositions and successfully integrate the businesses we acquire;
• the outcome of litigation, government and regulatory proceedings, investigations and inquiries;
• the health of debt and equity markets, including credit quality and spreads, the level of liquidity and future debt issuances;
• the demand and market for credit ratings in and across the sectors and geographies where the Company operates;
• concerns in the marketplace affecting the Company's credibility or otherwise affecting market perceptions of the integrity or utility of independent credit ratings;
• the effect of competitive products and pricing, including the level of success of new product developments and global expansion;
• consolidation in the Company's end-customer markets;
• the introduction of competing products or technologies by other companies;
• the impact of customer cost-cutting pressures, including in the financial services industry and the commodities markets;
• a decline in the demand for credit risk management tools by financial institutions;
• the level of merger and acquisition activity in the United States and abroad;
• the volatility of the energy marketplace;
• the health of the commodities markets;
• the Company's ability to attract, incentivize and retain key employees;
• the Company's ability to maintain adequate physical, technical and administrative safeguards to protect the security of confidential information and data, and the potential of a system or network disruption that results in regulatory penalties, remedial costs or improper disclosure of confidential information or data;
• the Company's ability to successfully recover should it experience a disaster or other business continuity problem from a hurricane, flood, earthquake, terrorist attack, pandemic, security breach, cyber-attack, power loss, telecommunications failure or other natural or man-made event;
• the Company's ability to adjust to changes in European and United Kingdom markets as the United Kingdom leaves the European Union, and the impact of the United Kingdom's departure on its credit rating activities and other European and United Kingdom offerings;
• changes in applicable tax or accounting requirements;
• guidance and information regarding the implementation of the Tax Cuts and Jobs Act;
• the level of the Company's future cash flows and capital investments;
• the impact on the Company's revenue and net income caused by fluctuations in foreign currency exchange rates; and
• the Company's exposure to potential criminal sanctions or civil penalties if it fails to comply with foreign and U.S. laws and regulations that are applicable in the domestic and international jurisdictions in which it operates, including sanctions laws relating to countries such as Iran, Russia, Sudan and Syria, anti-corruption laws such as the U.S. Foreign Corrupt Practices Act and the U.K. Bribery Act of 2010, and local laws prohibiting corrupt payments to government officials, as well as import and export restrictions.

The factors noted above are not exhaustive. The Company and its subsidiaries operate in a dynamic business environment in which new risks emerge frequently. Accordingly, the Company cautions readers not to place undue reliance on any forward-looking statements, which speak only as of the dates on which they are made. The Company undertakes no obligation to update or revise any forward-looking statement to reflect events or circumstances arising after the date on which it is made, except as required by applicable law. Further information about the Company's businesses, including information about factors that could materially affect its results of operations and financial condition, is contained in the Company's filings with the SEC, including the "Risk Factors" section in the Company's most recently filed Annual Report on Form 10-K and any subsequently filed Quarterly Report on Form 10-Q.

About S&P Global
S&P Global is a leading provider of transparent and independent ratings, benchmarks, analytics and data to the capital and commodity markets worldwide. The Company's divisions include S&P Global Ratings, S&P Global Market Intelligence, S&P Dow Jones Indices and S&P Global Platts. S&P Global has approximately 20,000 employees in 31 countries. For more information visit www.spglobal.com.

SOURCE S&P Global