Intercontinental Exchange Publishes Seventh Annual Sustainability Report
September 12 2022 - 8:00AM
Business Wire
Intercontinental Exchange, Inc. (NYSE: ICE), a leading global
provider of data, technology and market infrastructure, today
released the company’s annual sustainability report, which includes
environmental, social and governance (ESG) highlights from the last
year and outlines the ways in which ICE continues to advance its
ESG initiatives. ICE issued its first sustainability report in 2016
and has continued to release a new report each year for the past
seven years.
“The needs of our stakeholders remain key drivers of everything
we do at ICE,” said Jeffrey Sprecher, Founder, Chair, and CEO of
ICE. “In the same way we’re focused on bringing efficiencies to the
markets we serve, we also look at ways to expand transparency into
our own business, and the new disclosures and reporting formats
help deliver on that goal.”
ICE’s sustainability report includes several new features and
updates from 2021, including:
- ICE continued to supplement its disclosures with reporting
frameworks including Sustainable Accounting Standards Board (SASB)
metrics, a Taskforce on Climate-Related Financial Disclosure (TCFD)
report, and the UN Sustainable Development Goals.
- ICE published a stand-alone TCFD report, which includes
additional disclosures related to the management of climate-related
risks, governance structures for overseeing risk management and
strategic opportunities, as well as metrics, targets, and analysis
for measuring success against climate goals.
- ICE reported all relevant Scope 1, 2 and 3 emissions, including
disclosure of Scope 3 categories 1, 2 and 15. The addition of these
Scope 3 emissions data provides a more holistic view into the
company’s overall emissions footprint and value chain. ICE
continues to focus on mitigating its greenhouse gas footprint
through emissions reductions and purchases of renewable energy and
carbon credits.
- ICE increased the diversity of its Board of Directors, which
now consists of 60% women and 30% persons of color as of May
2022.
In addition to the steps ICE is taking to address ESG risks
related to its operations, the company has a broad range of
opportunities to make a positive impact through its sustainability
finance products and services, including:
- ICE launched a nature-based solutions carbon credit futures
contract in May 2022, which allows the market to value natural
assets in the agriculture, forestry, and other land use sectors and
facilitate the flow of capital to projects that can help the world
meet its commitments to climate reduction.
- ICE announced the launch of the NYSE Sustainability Advisory
Council in May 2022. The council, which met for the first time in
June, brings together select sustainability leaders within the NYSE
community of more than 2,400 listed companies to collectively
identify and share global best practices that address ESG
issues.
- ICE announced new additions to its sustainable finance
portfolio of products, including the acquisition of Urgentem, a
provider of global corporate emissions and climate transition data
that provides ESG attributes and indicators for thousands of
publicly traded companies globally. ICE also launched the ICE ESG
Geo-Analyzer, an on-demand platform that leverages ICE’s geospatial
data modelling to provide climate risk and social impact data and
analytics for properties and communities throughout the U.S.
ICE’s sustainability report and more information about ICE’s
approach to sustainability can be found by visiting:
https://www.ice.com/ESG.
About Intercontinental Exchange
Intercontinental Exchange, Inc. (NYSE: ICE) is a Fortune 500
company that designs, builds and operates digital networks to
connect people to opportunity. We provide financial technology and
data services across major asset classes that offer our customers
access to mission-critical workflow tools that increase
transparency and operational efficiencies. We operate exchanges,
including the New York Stock Exchange, and clearing houses that
help people invest, raise capital and manage risk across multiple
asset classes. Our comprehensive fixed income data services and
execution capabilities provide information, analytics and platforms
that help our customers capitalize on opportunities and operate
more efficiently. At ICE Mortgage Technology, we are transforming
and digitizing the U.S. residential mortgage process, from consumer
engagement through loan registration. Together, we transform,
streamline and automate industries to connect our customers to
opportunity.
Trademarks of ICE and/or its affiliates include Intercontinental
Exchange, ICE, ICE block design, NYSE and New York Stock Exchange.
Information regarding additional trademarks and intellectual
property rights of Intercontinental Exchange, Inc. and/or its
affiliates is located here. Other products, services, or company
names mentioned herein are the property of, and may be the service
mark or trademark of, their respective owners. Key Information
Documents for certain products covered by the EU Packaged Retail
and Insurance-based Investment Products Regulation can be accessed
on the relevant exchange website under the heading “Key Information
Documents (KIDS).”
Safe Harbor Statement under the Private Securities Litigation
Reform Act of 1995 -- Statements in this press release regarding
ICE's business that are not historical facts are "forward-looking
statements" that involve risks and uncertainties. For a discussion
of additional risks and uncertainties, which could cause actual
results to differ from those contained in the forward-looking
statements, see ICE's Securities and Exchange Commission (SEC)
filings, including, but not limited to, the risk factors in ICE's
Annual Report on Form 10-K for the year ended December 31, 2021, as
filed with the SEC on February 3, 2022.
Category: Corporate
SOURCE: Intercontinental Exchange
ICE-CORP
View source
version on businesswire.com: https://www.businesswire.com/news/home/20220912005314/en/
ICE Media Contact: Josh King Josh.King@ice.com
(212) 656-2490 media@ice.com
ICE Investor Contact: Mary Caroline O’Neal
marycaroline.oneal@ice.com (770) 738-2151
investors@ice.com
Intercontinental Exchange (NYSE:ICE)
Historical Stock Chart
From Mar 2024 to Apr 2024
Intercontinental Exchange (NYSE:ICE)
Historical Stock Chart
From Apr 2023 to Apr 2024