Private sector firms now have access to climate risk information and analytics, courtesy of the Initiative for Climate and Economy (ICE).
In a significant move, Intercontinental Exchange (ICE) has integrated its geospatial intelligence platform and climate risk models with Dun & Bradstreet’s comprehensive private company data. This integration provides risk data and analytics for over five million private companies globally, offering an all-in-one climate risk solution [1][2][3][5].
Key aspects of ICE’s expanded climate data service for private companies include:
- Comprehensive Portfolio Coverage: The service offers investors climate risk analysis across both public and private companies, sovereigns, municipal bonds, and mortgage-backed securities, enabling consistent, portfolio-level risk assessment across major asset classes [1][4].
- Physical and Transition Risk Metrics: The service provides detailed exposure metrics related to various climate hazards as well as emissions data, helping companies and investors understand vulnerabilities in operations and supply chains [1][5].
- Use of Dun & Bradstreet Data: The service incorporates Dun & Bradstreet’s private company database identified via the D-U-N-S® Number, which adds visibility into extended supply chains and corporate footprints, enhancing the robustness of climate risk evaluations [1].
- Support for Informed Decision-Making: The service helps organizations uncover and manage climate-related vulnerabilities globally, facilitating sustainable risk management for asset managers and investors who previously faced "data blind spots" in the private company sector [1].
The new service integrates Dun & Bradstreet's comprehensive global data of private companies with ICE's proprietary geospatial intelligence platform and climate risk models. This integration offers multi-asset class insights, covering corporates, sovereigns, and asset-backed securities [3].
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 [6].
The service offers Scope 1, 2, and 3 greenhouse gas emissions metrics, including emissions intensity normalized by revenue [1]. Institutional investors now have access to real-time hazard monitoring through the integration of new private company data into ICE's climate data solutions [5].
By providing a more comprehensive view of climate risks, ICE’s expanded offering addresses a gap in climate risk data for privately-held companies, combining extensive business data with advanced climate risk modeling, thereby enabling a unified, global approach to climate risk management for private companies [1][4].
[1] https://www.ice.com/press-releases/ice-expands-climate-data-and-analytics-offering-with-dun-bradstreet-integration [2] https://www.ice.com/about/news-and-events/press-releases/2022/02/ice-expands-climate-data-and-analytics-offering-with-dun-bradstreet-integration [3] https://www.ice.com/about/news-and-events/press-releases/2022/02/ice-announces-expansion-of-climate-data-and-analytics-offering [4] https://www.ice.com/about/news-and-events/press-releases/2022/02/ice-announces-expansion-of-climate-data-and-analytics-offering-with-dun-bradstreet-integration [5] https://www.ice.com/about/news-and-events/press-releases/2022/02/ice-announces-expansion-of-climate-data-and-analytics-offering-with-dun-bradstreet-integration [6] https://www.prnewswire.com/news-releases/ice-expands-climate-data-and-analytics-offering-with-dun-bradstreet-integration-301482594.html
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