ICE Introduces Multi-Asset Class Climate Transition Risk Solution

Intercontinental Exchange, Inc. announced the launch of a multi-asset class climate transition risk solution, which provides emissions estimates and portfolio analytics across various fixed income asset classes, covering Scope 1, Scope 2 and Scope 3 emissions for municipal bonds, mortgage-backed securities (MBS), and real estate. This new solution, combined with ICE’s existing coverage of sovereign, corporate equity, and private companies, can enable clients to assess and benchmark their financed emissions across a comprehensive range of fixed income asset classes in one integrated offering. ICE’s new multi-asset class transition risk solution addresses gaps in emissions data by covering underserved sub-asset classes, such as RMBS, CMBS, and private corporates. By integrating this data, ICE can provide a unified portfolio metric that tracks financed emissions across multiple asset classes, supporting climate risk reporting, ensuring a holistic portfolio coverage from a physical and transition risk standpoint. This new solution is part of the company’s climate data offering, which provides data and analytics that help quantify investment impacts posed by transition risks as well as physical climate risks, such as extreme weather events.