ICE Climate Risk data helps quantify climate-related financial risks--including Climate Value-at-Risk, revenue impairment, and stress testing--for both public and private companies. It combines physical risk metrics from global climate models and transition risk data on emissions and reduction targets to support scenario analysis across corporates and sovereigns.
“ICE’s geospatial precision and asset-level granularity give us a more comprehensive view of climate risks that inform our investment teams’ decision-making,”
— Colleen Denzler, CFA, Chief Sustainability Officer, Loomis Sayles
Physical risk
1.6 billion buildings
3 million corporate asset locations
- Hurricane wind
- Wildfire
- Flooding: coastal, fluvial, pluvial
- Extreme heat
- Extreme cold
Transition risk
30,000 public companies
1.8 million securities
5 million private companies
- Scope 1 & 2 Emissions / Intensity
- Scope 3 Emissions / Intensity (all 15 categories)
- Implied Temperature Rise (ITR)
- GHG Emissions reduction targets
- Avoided emissions
Climate Value at Risk
17,000 global companies
1.6 billion buildings
3 million corporate asset locations
- Scope 1, 2 & 3 emissions
- Company specific GHG emissions reduction targets
- Chronic and Acute Physical Risks
- Custom financial and carbon price assumptions
- Consistent with NGFS scenarios
Measure, target, manage, and report with:
- Climate Value-at-Risk Metrics assessing both physical and transition risks of a company or portfolio under various climate scenarios
- Forward-Looking Scenarios covering SSPs/RCP, IPCC, IEA & NGFS scenarios, and emissions pathways & projections
- Stress test and net zero functionality including, 10+ years of emissions data, Physical risk (2020–2060, in 5-year steps)
- Partnership for Carbon Accounting Financials (PCAF) / International Sustainability Standards Board (ISSB) Reporting including TCFD-aligned portfolio reports, Scope 3 materiality analysis, Temperature scores
- Multi-asset class coverage including public and private corporates, sovereign, municipal debt, securitized (MBS) and U.S. Real Estate
Interested to learn more? Speak to a specialist
Exposure (Building Type)
■ Building footprints
- ICE uses machine learning to estimate global building characteristics which are then used to derive damage functions for 1.6 billion buildings covered worldwide
Hazard (Flooding)
■ Building footprints ■ Fluvial Flooding layer
- ICE uses the latest climate models to develop hazard data to assess exposure to physical risk
Vulnerability (Damage)
2050, SSP5-8.5, 100-year-return period
- ICE extracts hazard data at the building footprint level for three climate scenarios to calibrate climate vulnerability
Source: ICE Climate, as of January 2025. Contains information from Microsoft’s Global ML Building Footprints, which is made available here under the Open Database License (ODbL).
Metric aggregation
Physical risks are assessed at the individual asset level and aggregated to corporations, sovereigns, pools of mortgages and real estate portfolios—allowing clients to gain a consistent, portfolio-wide view of exposure across asset classes.
Reported Emissions Data (Scope 1 & 2)
by Region (%)
Emissions Data (Scope 1 & 2)
by Data Quality
Private Emission Data
by Region (%)
Source: Coverage as of April 2025, using Annual 2025 Emissions Dataset
Public companies
- 12,000+ companies analyzed
- 8,200+ companies reporting Scope 1 & 2 emissions
- 7,900+ companies reporting complete Scope 1 & 2 emissions
- 4,500+ companies reporting at least one category of Scope 3
- 30,000+ companies modelled data
- 1.8+ million securities covered across equities/fixed income/sovereigns
Private companies
- 5+ million private companies modelled data
- Inference of Scope 1, 2 & 3 (including all 15 categories) emissions for private and non-disclosing companies
- Coverage can be expanded to meet client requirements (client inputs such as size, sector and location is required) for private companies / unlisted securities / Small Medium Enterprises (SMEs)
Multi-asset class product solutions
| Corporates | Sovereigns | U.S. Municipalities | MBS | REITs & Real Estate |
|---|---|---|---|---|
| Global coverage of 3.8 million instruments** | ||||
|
|
|
|
|
| Security and portfolio-level analytics | ||||
|
|
|
|
|
**Coverage data current as of Feb 2025
Climate risk use cases
ICE Climate data can be utilized for a variety of purposes such as regulatory compliance, corporate engagement, risk mitigation, and climate stress testing.
Regulatory compliance
- Adherence with regulatory reporting requirements such as the ISSB Sustainability Disclosure Standards / TCFD
Climate stress testing
- Scenario analysis allows for evaluation under different climate conditions
- Portfolio-level risk management for climate-related exposures
Corporate engagement
- Identify corporate issuers or sectors that face heightened exposure to extreme weather events
- Engage with companies on climate resilience & risk mitigation planning
- Understand and evaluate transition plans and Net Zero commitments of the company and business strategy
Investment strategies
- Identify asset-level and regional vulnerabilities and opportunities
- Enable portfolio tilts or customizations related to physical climate risk exposure, i.e. underweight companies with high flood risk exposure
- Enable similar tilts or customizations based on transition risk data, i.e. underweight companies with no decarbonization commitments
Related resources
How 1.6 billion buildings power ICE’s global climate risk analytics
These risks can be aggregated to municipalities, countries, corporations, pools of mortgages, and real estate portfolios to understand exposure across asset classes.
Avoided Emissions: Identifying climate opportunities
As one of the key measures of positive impact, Avoided Emissions are more topical than ever. In webinar, ICE and industry experts discussed how financial institutions and corporates are using avoided emissions to identify impact and climate opportunities.
Sovereign decarbonization: will 2030 targets be achieved?
The pathway to a lower global carbon economy is defined in many aspects by the pace of country-level (sovereign) decarbonization. In this regard, it is encouraging that 107 countries representing 82% of global greenhouse gas (GHG) emissions have adopted a net zero target, while 194 countries (and the European Union) have signed up to the Paris Agreement.
How 1.6 billion buildings power ICE’s global climate risk analytics
These risks can be aggregated to municipalities, countries, corporations, pools of mortgages, and real estate portfolios to understand exposure across asset classes.
Avoided Emissions: Identifying climate opportunities
As one of the key measures of positive impact, Avoided Emissions are more topical than ever. In webinar, ICE and industry experts discussed how financial institutions and corporates are using avoided emissions to identify impact and climate opportunities.
Sovereign decarbonization: will 2030 targets be achieved?
The pathway to a lower global carbon economy is defined in many aspects by the pace of country-level (sovereign) decarbonization. In this regard, it is encouraging that 107 countries representing 82% of global greenhouse gas (GHG) emissions have adopted a net zero target, while 194 countries (and the European Union) have signed up to the Paris Agreement.