ICE Announces Plan to Expand its Climate Risk Offering Globally with Dun & Bradstreet Supply Chain and Location Data
Intercontinental Exchange, a leading global provider of data, technology and market infrastructure, announced an agreement with Dun & Bradstreet, a leading global provider of business decisioning data and analytics, to leverage its global supply chain and corporate location data to expand ICE’s climate risk offering globally.
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“We’re excited to work with Dun & Bradstreet to introduce much needed transparency about the climate and ESG characteristics of companies based on their geographic footprint and global supply chain exposure”
By leveraging Dun & Bradstreet’s supplier network and location data, ICE plans to expand its geospatial data and intelligence platform globally, which can enable multi-asset class climate risk analysis for private and public companies, sovereigns, and real estate portfolios around the world. With the expansion, ICE will be able to provide climate metrics on more than four million unique fixed income securities globally.
“We’re excited to work with Dun & Bradstreet to introduce much needed transparency about the climate and ESG characteristics of companies based on their geographic footprint and global supply chain exposure,” said Larry Lawrence, Head of Sustainable Finance Products at ICE. “This data integration and our global expansion efforts can harmonize climate models across municipal, mortgage-backed securities and now corporates, sovereigns and real estate.”
Dun & Bradstreet’s supplier network provides transparency into over 68 million connections between clients and their suppliers, all the way up to the tenth link on the chain. Its location data on hundreds of millions of active companies, can enable organizations around the world to standardize, verify, and extend the necessary business data to help manage risk and maximize opportunity across the enterprise. By offering one common data foundation across the enterprise, Dun & Bradstreet helps businesses to provide more transparency in their reporting for investors and regulators.
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As part of the agreement, Dun & Bradstreet also plans to integrate ICE’s Climate Transition Data, which includes access to emissions and target data for 30,000 companies d***** back to 2010, into its ESG Rankings, which are built around ESG data gathered from millions of globally trusted sources. These rankings are organized into 13 ESG themes and 31 topic specific categories to help businesses understand specific risks and opportunities.
Together, ICE and Dun & Bradstreet’s combined capabilities can provide asset managers, banks, and other investors with more transparency into the physical risk exposure of companies and their suppliers, as well as their emissions footprint.
“This agreement with ICE is an important step in further expanding our ESG Intelligence solutions, which will now include scope 3 emissions data,” said Gary Kotovets, Chief Data and Analytics Officer at Dun & Bradstreet. “It is our mission to become the gold standard ESG ranking between companies and investors as they seek to make sustainable decisions with confidence.”
ICE continues to grow its suite of global sustainable finance offerings, which includes data and analytics of physical climate risk, transition risk, emissions and targets, and social impact data. With its strong security linkage capabilities, ICE can provide data for the U.S. municipal bond market, the mortgage-backed securities universe, sovereign, corporates, and real estate.
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