S&P Global Sustainable1 appoints Fred Samama as Head of Strategic Development

Rhea-AI Summary

S&P Global has appointed Fred Samama as the new Head of Strategic Development for S&P Global Sustainable1, effective immediately. With over two decades in the climate and ESG sector, Samama will enhance the company’s capabilities in providing sustainability intelligence. This move aims to accelerate innovation in ESG and climate analytics, vital for investors and corporations navigating sustainability challenges. This appointment follows a significant year for S&P Global, including the launch of Sustainable1 and the acquisition of The Climate Service in early 2022.

Positive

• Appointment of Fred Samama expected to enhance ESG and climate innovation.
• Samama's extensive experience will strengthen S&P Global's capabilities in sustainability intelligence.
• Strategic development role aligns with growing demand for ESG analytics amid a rise in net-zero commitments.

Negative

• Potential concerns about leadership continuity due to management change.

NEW YORK, Feb. 9, 2022 /PRNewswire/ -- S&P Global announces today the appointment of Fred Samama as Head of Strategic Development for S&P Global Sustainable1, the central source for sustainability intelligence from S&P Global.

"I am delighted that Fred Samama is joining S&P Global Sustainable1 as Head of Strategic Development to accelerate our innovation in ESG and Climate. More than ever, investors and companies seek evidence-based insights, high quality data and advanced analytics to support the decisions driving their strategies linking sustainability and business performance," said Dr. Richard Mattison, President of S&P Global Sustainable1. "Our comprehensive coverage across global markets combined with in-depth ESG intelligence provides financial institutions, corporations and governments with an unmatched level of clarity and confidence. Fred's extensive experience and deep knowledge of ESG and climate will bring an additional layer of critical capability to support the continued the continued growth and success of our portfolio of ESG insights and solutions."

Fred Samama joins S&P Global Sustainable1 with two decades of experience in the climate and ESG landscape. A global leader in ESG, Fred has co-authored significant papers including "The Green Swan. Central Banking and Financial Stability in the Age of Climate Change" and has been a pioneer of low-carbon indices.

As Head of Strategic Development for S&P Global Sustainable1, Fred Samama will lead engagement with S&P Global clients to understand, assess and evaluate current and future climate and ESG needs and collaborate across S&P Global to enable and drive the development and implementation of innovative solutions to support corporates, investors and governments as they seek to navigate and realize the transition to a net zero, sustainable and equitable future.

"I am thrilled to join S&P Global Sustainable1. With more than half the world's assets under management committed to net zero, we have seen a huge rise in the mobilization of the finance sector on climate, investors and companies are increasingly employing ESG analytics and insights to inform their decision making. It is essential they have access to the most rigorous and credible data and tools to support their decision making to support the realization of their commitments," said Fred Samama, Head of Strategic Development, S&P Global Sustainable1. "S&P Global is an incredible business with talented people and well-positioned resources to support its clients in securing a sustainable future for all."

This appointment builds on a milestone year for S&P Global and ESG, including the launch in April 2021 of S&P Global Sustainable1. Sustainable1 is S&P Global's single source of essential sustainability intelligence, bringing together S&P Global's resources and full product suite of data, benchmarking, analytics, evaluations, and indices that provide customers with a 360-degree view to help achieve their sustainability goals. In January 2022, S&P Global announced the acquisition of The Climate Service to add capabilities to S&P Global's leading portfolio of essential environmental, social, and governance (ESG) insights and solutions for its customers.

About S&P Global Sustainable1

S&P Global Sustainable1 is the central source for sustainability intelligence from S&P Global. Sustainable1 matches customers with the ESG products, insights and solutions from across S&P Global's divisions to help meet their unique needs. Our comprehensive coverage across global markets combined with in-depth ESG intelligence provides financial institutions, corporations and governments an unmatched level of clarity and confidence to successfully navigate the transition to a sustainable future. Our data and well-informed point of view on critical topics like energy transition, climate resilience, positive impact and sustainable finance allow us to go deep on the details that define the big picture so customers can make decisions with conviction.

To learn more, please visit: www.spglobal.com/esg 

About S&P Global

S&P Global (NYSE: SPGI) is the world's foremost provider of credit ratings, benchmarks and analytics in the global capital and commodity markets, offering ESG solutions, deep data and insights on critical economic, market and business factors. We've been providing essential intelligence that unlocks opportunity, fosters growth and accelerates progress for more than 160 years. Our divisions include S&P Global Ratings, S&P Global Market Intelligence, S&P Dow Jones Indices and S&P Global Platts. For more information, visit www.spglobal.com.

Media Contacts
Sarah Whybrow
Global Director of ESG Communications, S&P Global Sustainable1
sarah.whybrow@spglobal.com
+447929 711556

 

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SOURCE S&P Global Sustainable1

FAQ

Who is Fred Samama and what is his role at S&P Global Sustainable1?

Fred Samama is appointed as the Head of Strategic Development for S&P Global Sustainable1, focusing on ESG and climate analytics.

What are the expected impacts of Fred Samama's appointment on S&P Global?

His appointment is expected to enhance S&P Global's ESG capabilities and accelerate innovation in sustainability analytics.

Why did S&P Global create the position of Head of Strategic Development?

The position was created to better address the increasing demand for evidence-based insights and analytics in sustainability.

What recent initiatives has S&P Global implemented in the ESG space?

Recent initiatives include the launch of S&P Global Sustainable1 and the acquisition of The Climate Service.