S&P Global promotes duo to develop sustainability spin-off

Richard Mattison and Chris Heusler are tasked with growing S&P’s suite of ESG solutions, Sustainable1

S&P Global has promoted Dr Richard Mattison and Chris Heusler as vice-chair and president, respectively, of Sustainable1, its hub of sustainability intelligence, products and solutions. 

Dr Mattison was promoted to vice-chair from president of Sustainable1; in his new London-based role, he will drive S&P Global as a leader on sustainability by focusing on market innovation, developing critical research and thought leadership. His day-to-day role will involve engaging with market participants, policy makers, regulators and standard setting bodies. 

Dr Mattison (pictured) said: “This is a key moment for the global discussion on climate and sustainability and there is a growing market need for comprehensive analysis on risks and opportunities to inform decision making. I look forward to building on this significant platform to support the market as it grows and evolves.”

Washington-based Heusler, formerly chief commercial officer at S&P Global Ratings for seven years, is taking over from Dr Mattison as president of Sustainable1 to drive growth and innovation.

He said: “More than ever market participants are looking to high quality data, advanced analytics and dynamic new solutions to support them as they navigate the evolving sustainability landscape. 

“S&P Global Sustainable1 plays a vital role in ensuring the provision of the breadth and depth of sustainability insights and products being sought by our clients.”

Mattison and Heusler will report to Martina Cheung, president of S&P Global Ratings and executive sponsor at Sustainable1.

Cheung said: “Richard’s two decades of leadership across the sustainability landscape and Chris’ knowledge of global markets and deep commercial acumen will position Sustainable1 for continued growth and success.”

Since launching Sustainable1 in April 2021, S&P Global has sought to boost its climate analytics credentials.

It announced in January 2022 that it had acquired The Climate Service, a climate risk modelling platform that provides modelled transition risk and analysis of physical risks like wildfire and flooding in financial terms.

Sustainable1 has since added The Climate Service’s data, models and analytics to its offering, as companies’ demand for sustainability solutions and insights has accelerated.