Intercontinental Exchange, Inc. (ICE) has inked an agreement with Dun & Bradstreet to leverage its global supply chain and corporate location data to expand ICE’s climate risk offering globally. 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 dating back to 2010, into its ESG Rankings, which are built around ESG data gathered from millions of globally trusted sources.
“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.”
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.
“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.”
With its security linkage capabilities, ICE says it can provide data for the U.S. municipal bond market, the mortgage-backed securities universe, sovereign, corporates, and real estate.