ICE, Dun & Bradstreet to Launch Climate Data Solution for Public and Private Companies
Financial technology and data services provider and exchange operator Intercontinental Exchange (ICE) and business data and analytics provider Dun & Bradstreet announced plans to launch a new climate risk data offering for privately-held companies globally.
Covering millions of public and private companies around the world, the new solution will provide transition risk data, including Scope 1, 2 and 3 greenhouse gas emissions, and physical risk data, establishing “one of the broadest offerings available for climate and ESG data,” according to the companies.
Ginny Gomez, President of Dun & Bradstreet, North America, said:
“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.”
The new solution will ICE’s geospatial intelligence platform and climate data models, which includes emissions and physical climate data on over 110 million U.S. properties, global public companies, U.S. municipalities and more than 4.2 million fixed income securities, with Dun & Bradstreet data across its private company databases, as well as proprietary utility spend, shipping and supply chain datasets, connected through its D-U-N-S Number, providing extensive information about a broad universe of public and private companies globally. The solution will become part of ICE Climate, ICE’s service providing data and analytics to help quantify investment impacts posed by transition and physical climate risks.
Chris Edmonds, President of ICE’s Fixed Income & Data Services, said:
“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.”