PAC
Education
Why is S&P Global PAC important?
As S&P Global grows as a high-tech research and data analytics company, politics increasingly impacts our
business. Decisions by lawmakers in Congress play a critical part in shaping our business and, ultimately,
whether we succeed. No one knows our business and our issues better than we do, and S&P Global PAC works
continuously to ensure that the House and Senate include Members of Congress who are smart on the issues
that matter to us.
Do companies similar to S&P Global have PACs?
Thousands of other companies operate PACs for their employees as permitted by federal election law and have
done so for many decades now. Other financial services and technology companies with PACs include Goldman
Sachs, Apple, Intercontinental Exchange, JP Morgan Chase, Nasdaq, and CME Group.
Who may be solicited for PAC donations?
Federal law limits the scope of individuals the PAC may solicit
for a contribution. Only our directors, executive and senior
administrative employees (as that term is defined in federal
law), shareholders, and the spouses of any of the foregoing, are
eligible to be solicited. The PAC does not solicit contractors,
external vendors, or shareholders who are not otherwise eligible
as exempt employees.
Are donations to S&P Global PAC voluntary?
Yes, all contributions to S&P Global PAC are voluntary, as required
by federal law. Any employee may refuse to contribute
without reprisal. If a PAC solicitation suggests a contribution in
a particular amount, it is only a suggestion. An employee may
give more, less or nothing at all, and the amount given, or a
refusal to give, will not benefit or disadvantage the employment
status or benefits of any employee in any way.
How much can be contributed to the PAC?
There is an annual $5,000 contribution limit per individual.
Spouses of eligible employees may also contribute up to $5,000
per year, even if only one of them works for S&P Global. There is
no minimum contribution amount.
Are PAC contributions tax-deductible?
No, under IRS rules individual contributions to PACs are not
tax-deductible, nor are any matching charitable funds given
through the PAC Match program.
PAC
Disbursements
Will S&P Global PAC Publicly endorse or
support political candidates?
The PAC will contribute to candidates who champion legislation and whose policies are supportive of
S&P Global and its employees’ key business objectives, and those contributions are reported publicly
to the FEC several times annually. We do not deem our contributions a public endorsement of the
candidate.
Will S&P Global PAC support any specific
political party?
S&P Global PAC operates independently of any party affiliation. We evaluate candidates strictly on
their own merits according to criteria established by the PAC’s employee board of directors. The PAC
maintains a balanced, bipartisan giving record.
Who decides who S&P Global PAC contributes to?
S&P Global PAC is governed by a board of directors that approves the PAC’s budget, including the
contributions it makes to candidates. The board is comprised of a rotating group of 8 employees from
offices across the United States representing each of S&P Global’s business divisions. The board is
advised and supported by S&P Global’s PAC Director and other members of the North American
Government Affairs team in Washington, D.C.
What if S&P Global PAC supports a candidate I don’t
like, or whose positions I disagree with?
S&P Global PAC supports and will continue to support a wide
variety of candidates, from both political parties, who share the
company’s values, are receptive to its concerns, and support
our success and the success of our customers, our employees
and their families. The PAC evaluates every contribution it
makes according to criteria established by the employee board
of directors, and no one criterion controls or predominates over
any other. We are certain that not every employee would use
personal funds to make every contribution that the PAC makes,
but we hope that each employee could review the PAC’s contributions
to candidates and find many contributions that they
would be proud to be a part of, contributions equal or greater in
amount to the employee’s own contribution to the PAC.
Supporting
S&P Global PAC
Why should I donate to S&P Global PAC
The decisions made by Congress not only affect our business, but they also affect each of us as
employees. Overreaching or misguided legislation and regulation in Washington can harm the continued
growth of S&P Global, our business divisions individually, and our employees. The objective of the PAC
is to provide a united and independent voice promoting the values central to S&P Global’s prosperity.
S&P Global PAC seeks to support key federal candidates who are champions of policies beneficial to our
industry. Moreover, S&P Global PAC shows strength in numbers – the more employees who support S&P Global
PAC, the more powerful our voice is in the political process.
What if I prefer to make my own
political contributions?
We encourage and applaud individual employee participation
in the political process. Your contribution to S&P Global PAC is
another opportunity for political engagement and impact. By
combining your contributions with those of other S&P Global
employees, you leverage up your political giving into higher profile
and more powerful support for candidates, who recognize
that a contribution from S&P Global PAC represents the personal
voluntary contributions of many S&P Global employees.
Will my contribution make
a difference?
S&P Global PAC is a key part of our government
relations strategy. It helps to ensure
the election and re-election of Members of
Congress who are right on the issues that
are important to the company and its employees.
You don’t have to contribute much
to make a real difference—your support for
the PAC, together with the support of your
fellow employees, goes a long way, and 100%
of every employee dollar contributed to the
PAC goes to support a great candidate for
Congress. There is power in numbers and the
combined contributions of our employees
has, and will continue to have, a big impact.
