Intercontinental Exchange (ICE) and Dun & Bradstreet are launching a new climate risk data service for privately held companies.
The service will provide transition risk data, including Greenhouse Gas Scope 1, 2 and 3, and physical risk data on tens of millions of public and private companies globally.
This will be one of the broadest climate data offerings available on the market across public and private companies.
“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,” Chris Edmonds, president of ICE’s Fixed Income & Data Services, said. “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.”
Dun & Bradstreet has one of the largest private company databases, as well as data on proprietary utility spend, shipping and supply chains.
The data will be integrated with 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. Integrating Dun & Bradstreet and ICE’s data together will provide one of the broadest offerings in the market for climate and ESG data.
“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,” Ginny Gomez, president of Dun & Bradstreet, North America, said. “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.”
This new data solution will become part of ICE Climate, which provides data and analytics that help quantify investment impacts posed by transition and physical climate risks.