ESG Data Guide 2023

ICE - ICE Climate Physical Risk Data

Data category

  • Environmental data
  • Rankings
  • Ratings
  • Research data
  • Social data

The data offers solutions for:

  • Climate scenario analysis
  • Environmental impact analysis and insight
  • Investment decisions and portfolio insight
  • Social impact analysis and insight
  • Temperature alignment
  • Transition plan assessments
  • U.S. municipal bond and mortgage-backed security MBS

Who are the data users?

  • Financial institutions
  • Investors
  • Bond insurers

Brief description of the data offering

With extreme weather events on the rise there is increasing concern over how the U.S. municipal bond and mortgage-backed security markets will manage these challenges. Climate and ESG data may be able to provide additional transparency into the risks and opportunities in these markets.

ICE’s Climate Physical Risk Data applies geospatial climate, economic and demographic data to specific U.S. municipalities, MBS pools, and related fixed income securities. This new level of transparency can help U.S. municipal and RMBS and CMBS market participants inform their investment decisions on bonds or securities that may have high climate risk exposure in an existing portfolio.

Features

  • Extensive coverage of U.S. municipal and MBS market: CUSIP-level coverage of ~98% of the ~$4T in outstanding municipal debt and ~95% coverage of the U.S. MBS universe
  • Scores: To allow for ease of comparison, scores are available. The ICE Climate Risk Score is a unified metric on a scale of 0-5 used to compare securities, assess portfolios and benchmark to indices. The Score is built from ICE Flood Score, ICE Wildfire Score and ICE Hurricane Score
  • Weekly climate risk commentary on new issuances
  • Climate action plans: An expansive database on state and local government climate resilience planning

Delivery

Flexible delivery options include a file-based solution at the security level, allowing for integration into risk systems and other analytical tools, as well as a web user-interface:

  • Customizable capabilities allow for user-defined searches and templates
  • Downloadable visuals and the ability to generate custom reports
  • Portfolio analytics with daily alerts for wildfire and hurricane events

Where and how do you source your data?

ICE sources climate, economic and demographic data from a range of privately and publicly accessible data providers, including vendors that maintain proprietary datasets. These datasets are provided in varying formats and geospatial resolutions -- we employ a technique called dasymmetric modelling to normalize, harmonize, and standardize climate projections, loss estimates and socioeconomic metrics across different time horizons and geographical regions. The ICE Climate Risk models are multifaceted and complex and draw upon a wide variety of data sources for different parts of the modelling process, including FEMA, JBA Risk Management, US Forest Service, US Census Bureau American Community Survey, and many other providers.

What is the cost for your data offering?

Please contact https://www.ice.com/data-services/sustainable-finance-data#ef.

What are the key attributes that differentiates the data you offer?

  • Breadth of coverage across Municipal obligors in the contiguous 48 U.S. states 
  • Integration into a file-based CUSIP linked solution is unique 
  • File based delivery (Apex) at the security level which allows for security level query capabilities 
  • Functionality allows clients to view underlying demographic & socioeconomic data, Scores and Social Impact Scores for obligors and surrounding area 
  • Social Impact Scores ranges between 0 – 100 and helps quantify the potential social impact of a financial investment in a community

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ICE Climate Physical Risk Data combines geospatial climate, economic, and demographic data to assess climate risk exposure in U.S. municipalities, MBS pools, and fixed income securities. Navigate the evolving landscape of climate risks. Understand physical and transition risks with ICE climate data