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Private sector firms now have access to climate risk information and analytics, courtesy of the Initiative for Climate and Economy (ICE).

Hidden data issues in private enterprises have been causing obstacles for various institutions.

Private corporations granted access to climate risk data and analytical tools provided by the...
Private corporations granted access to climate risk data and analytical tools provided by the Immigration and Customs Enforcement (ICE) department

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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