The leading knowledge platform for the financial technology industry
The leading knowledge platform for the financial technology industry

A-Team Insight Blogs

ICE Expands ESG Reference Data Service to Include Companies In Key US Indices

Intercontinental Exchange (ICE) has expanded the content on its environmental, social and governance (ESG) reference data platform to include high quality, granular data that can be used to make actionable comparisons across companies and sectors. The expansion includes coverage of companies in key indices, including the ICE U.S. 1000 Index, which measures the performance of the top 1,000 US listed companies.

The ESG reference data platform began to take shape back in January 2020, when ICE announced that it was working with Bank of America (BofA) Global Research as a development partner for an ESG reference data service. The service now provides detailed attributes and information that can help investors and other participants better understand ESG risks and opportunities across a broad mix of global corporations.

“As ESG continues to gain momentum among investors and other market participants, it’s critical that they have access to accurate and timely data. ICE uses its expertise and technology to provide granular, actionable and unbiased signals and insights that can help customers make informed decisions about how they allocate capital and manage emerging risks,” says Lynn Martin, president of fixed income and data services at ICE.

BofA Global Research is using ICE company-specific data for ESG-related attributes to build out a proprietary ESGMeter, which provides a score of a company’s likelihood of experiencing stronger financial stability over the next three years, based on quantitative and fundamental inputs. For each company in BofA Global Research’s coverage universe, more than 140 ESG-related attributes are considered.

Related content

WEBINAR

Recorded Webinar: How to establish data quality and data governance for analytics

Data quality has been a perennial problem for financial institutions for many years, but this needs to change as firms become increasingly reliant on accurate analytics to deliver business opportunity and competitive advantage. New approaches to data quality can help firms up their game and significantly improve their analytics capability. Adding the processes, controls and...

BLOG

The Deal is Done – LSEG Completes Acquisition of Refinitiv

A big day in the City last Friday as the London Stock Exchange Group (LSEG) completed its all-share acquisition of Refinitiv first mooted back in July 2019. The acquisition is expected to create a leading, UK-headquartered, global financial market infrastructure provider with a strong data and analytics business, significant capital market capabilities across multiple asset...

EVENT

Data Management Summit USA Virtual

Now in its 11th year, the Data Management Summit USA Virtual explores the shift to the new world where data is redefining the operating model and firms are seeking to unlock value via data transformation projects for enterprise gain and competitive edge.

GUIDE

Entity Data Management Handbook – Seventh Edition

Sourcing entity data and ensuring efficient and effective entity data management is a challenge for many financial institutions as volumes of data rise, more regulations require entity data in reporting, and the fight again financial crime is escalated by bad actors using increasingly sophisticated techniques to attack processes and systems. That said, based on best...