ICE and Dun & Bradstreet Launch Climate Risk Data Service to Help Assess ESG Risks
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Key Takeaways:
- New climate risk data service will cover tens of millions of public and private companies globally.
- Combines ICE’s geospatial and climate capabilities with Dun & Bradstreet’s extensive private company data.
- Provides one of the broadest climate and ESG data offerings in the market for investors and financial markets.
Intercontinental Exchange, Inc. and Dun & Bradstreet Holdings, Inc. have announced plans to launch a new climate risk data service targeting a broad universe of public and private companies worldwide. The offering aims to provide comprehensive transition risk data, including Greenhouse Gas Scope 1, 2, and 3 emissions, as well as physical risk data on tens of millions of companies globally. This initiative positions itself as one of the broadest climate data offerings available in the market.
“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,” said Chris Edmonds, President of ICE’s Fixed Income & Data Services. “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.”
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Dun & Bradstreet contributes one of the largest private company databases, including proprietary utility spend, shipping, and supply chain datasets, all connected using the Dun & Bradstreet D-U-N-S® Number. This integration provides extensive information about a vast array of public and private companies worldwide.
“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,” said Ginny Gomez, President of Dun & Bradstreet, North America. “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 data solution will become part of ICE Climate, which offers data and analytics to quantify investment impacts posed by transition and physical climate risks, such as extreme weather events. By integrating the datasets from both companies, the service aims to provide one of the most extensive climate and ESG data offerings available to the market.