Private companies now have access to climate risk data and analytics through a new initiative by ICE (Intercontinental Exchange).
Intercontinental Exchange (ICE), a leading operator of global exchanges and clearing houses, has recently expanded its climate risk platform to include physical and transition risk data for over five million private companies worldwide. This new offering integrates ICE’s geospatial intelligence and climate risk models with Dun & Bradstreet’s global private company data, using the trusted D-U-N-S® Number for comprehensive company identification and supply chain visibility.
With this expansion, ICE aims to close significant data gaps in private company climate risk, historically hindering professional investors and asset managers, particularly in regions like Africa where private enterprises dominate economic activity. The new service provides visibility into extended supply chains and corporate footprints, empowering organizations to better assess and manage climate-related vulnerabilities and make more informed, sustainable investment decisions.
Key features of this offering include detailed metrics on exposure to physical risks like floods, wildfires, hurricanes, extreme heat, and extreme cold, along with transition risks such as Scope 1, 2, and 3 greenhouse gas emissions and emissions intensity normalized by revenue. This enables investors to perform consistent, portfolio-level climate risk analysis across multiple asset classes—including private and public companies, sovereigns, municipal bonds, and mortgage-backed securities.
Brian Filanowski, General Manager of Finance & Risk Solutions at Dun & Bradstreet, stated that the addition of their private company data into ICE’s climate risk platform represents a pivotal advancement in helping organizations uncover and manage climate-related vulnerabilities across their global operations.
This expansion further enhances ICE’s climate risk analysis approach across all major asset classes, offering a consistent approach to climate risk analysis across public and private companies, sovereigns, municipal bonds, and mortgage-backed securities. The service aims to empower businesses to make informed, sustainable decisions, broadening portfolio climate risk coverage and supporting climate-conscious investment and risk management strategies.
[1] Intercontinental Exchange. (n.d.). ICE expands climate risk platform to include physical and transition risk data for over five million private companies worldwide. Retrieved from https://www.theice.com/press-releases/2022/06/ice-expands-climate-risk-platform-to-include-physical-and-transition-risk-data-for-over-five-million-private-companies-worldwide
[2] Dun & Bradstreet. (n.d.). ICE and Dun & Bradstreet partner to bring new climate risk insights to institutional investors. Retrieved from https://www.dnb.com/about-us/newsroom/press-releases/2022/ice-and-dun-bradstreet-partner-to-bring-new-climate-risk-insights-to-institutional-investors.html
[3] Environmental Finance. (2022, June 7). ICE and Dun & Bradstreet partner to bring private company climate risk data to market. Retrieved from https://www.environmental-finance.com/articles/news/ice-and-dun-bradstreet-partner-to-bring-private-company-climate-risk-data-to-market/
[4] Greenbiz. (2022, June 7). ICE and Dun & Bradstreet partner to bring climate risk data for private companies to market. Retrieved from https://www.greenbiz.com/article/ice-and-dun-bradstreet-partner-bring-climate-risk-data-private-companies-market
[5] Climate Change News. (2022, June 7). ICE and Dun & Bradstreet partner to bring climate risk data for private companies to market. Retrieved from https://www.climatechangenews.com/2022/06/07/ice-and-dun-bradstreet-partner-to-bring-climate-risk-data-for-private-companies-to-market/
- By integrating Dun & Bradstreet's private company data, Intercontinental Exchange's climate risk platform aims to offer comprehensive data on private company climate risks, particularly advantages for regions like Africa where private enterprises dominate economic activity.
- The expanded climate risk platform now provides detailed metrics on physical risks such as floods, wildfires, hurricanes, extreme heat, and extreme cold, as well as transition risks like Scope 1, 2, and 3 greenhouse gas emissions and emissions intensity normalized by revenue.
- The collaboration between Intercontinental Exchange and Dun & Bradstreet signifies a significant step towards helping organizations uncover and manage climate-related vulnerabilities across their global operations, empowering businesses to make informed, sustainable decisions.
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