ICE and Dun & Bradstreet have unveiled plans to launch a pioneering climate risk data service for a wide range of companies.
This innovative offering is set to cater to privately-held companies worldwide, supplying essential data on transition risks, including Greenhouse Gas Scope 1, 2, and 3, and physical risk metrics.
The collaboration aims to meet the demands of a changing market that requires comprehensive data to navigate the complexities of climate risk and sustainability. This partnership will leverage both companies’ unique strengths to provide a robust climate data solution that addresses the needs of customers, regulators, and investors alike.
ICE specializes in technology, data services, and owns a vast geospatial intelligence platform which includes climate data models. It covers various assets like over 110 million U.S. properties, global public companies, U.S. municipalities, and fixed income securities, including corporates, municipals, sovereigns, and mortgage-backed securities. On the other hand, Dun & Bradstreet boasts one of the largest private company databases in the world. It also holds extensive datasets on utility spend, shipping, and supply chains, all linked through the Dun & Bradstreet D-U-N-S® Number, which facilitates comprehensive business insights across a global spectrum of public and private companies.
The strategic integration of Dun & Bradstreet’s detailed business intelligence with ICE’s advanced climate capabilities will create one of the most extensive climate and ESG data resources available in the market. This service is designed to simplify the integration into existing investment and workflow systems, providing the investment community with a single, comprehensive source of climate data.
The new service will be integrated into ICE Climate, enhancing its current offerings with additional data and analytics. ICE Climate is renowned for helping stakeholders quantify the investment impacts associated with both transition and physical climate risks, such as those stemming from extreme weather events.
Quotes from Company Leaders: ICE President of Fixed Income & Data Services, Chris Edmonds, remarked, “This is a perfect example of two innovators working together to create products that meet the rapidly evolving needs of our customers, regulators and investors. By combining Dun & Bradstreet’s business intelligence, supply chain and asset location data with ICE’s geospatial and climate capabilities, and leveraging ICE’s distribution channels, this new service will offer the broader investment community a single source of climate data for virtually all business entities globally.”
Dun & Bradstreet President of North America, Ginny Gomez, stated, “This strategic offering leverages each company’s unique expertise to address the growing need for private company ESG and climate risk data across financial markets. Utilizing the Dun & Bradstreet D-U-N-S Number allows us to bring many sources of data together that are already deeply embedded in the business and investment communities, while allowing for smooth integration into existing workflows.”
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