Intercontinental Exchange, Inc.
Climate Impact & Sustainability Data (2023)
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:211,896 tCO2e/year (market-based)
Scope 1 Emissions:4,588 tCO2e/year
Scope 2 Emissions:1,298 tCO2e/year (market-based)
Scope 3 Emissions:206,009 tCO2e/year
Waste Generated:753 tons/year
ESG Focus Areas
- Human capital management
- Risk management
- Environmental risks and opportunities
Environmental Achievements
- Reduced Scope 1 and 2 market-based emissions from 6,808 tCO2e in 2021 to 5,886 in 2023 (excluding Black Knight).
Social Achievements
- 81% of employees agreed that they would recommend ICE as a good place to work (2022 employee survey).
- Launched new learning and development programs to address employee feedback from 2022 survey.
- Continued efforts to increase board and employee diversity.
Governance Achievements
- Strong board oversight of sustainability risks and opportunities.
- Implemented a robust system to manage and reduce supply chain emissions (strategy to launch in 2024).
Climate Goals & Targets
Environmental Challenges
- Supply chain emissions.
- Integrating Black Knight's sustainability reporting.
- Evolving climate-related risks and regulations.
Mitigation Strategies
- Developing a strategy to engage and reduce supply chain emissions (launching in 2024).
- Planning to integrate Black Knight's reporting from 2024 onwards.
- Leveraging TCFD framework to assess and manage climate risks, investing in climate change risk solutions and regularly testing business continuity plans.
Supply Chain Management
Climate-Related Risks & Opportunities
Physical Risks
- Extreme weather events impacting operations or stakeholders.
Transition Risks
- Changes in market demand for products due to energy transition.
- Regulatory changes impacting participation in markets.
- Reputational risks related to fossil fuels.
Opportunities
- Growth in sustainable finance products and markets.
Reporting Standards
Frameworks Used: CDP, SASB, TCFD, UN Sustainable Development Goals (SDGs)
Certifications: ISO 9001 (Basildon data center), ISO 14001 (Basildon data center), ISO 50001 (Basildon data center)
Third-party Assurance: KERAMIDA (Limited Assurance for Scope 1 and 2 emissions)
UN Sustainable Development Goals
- Goal 4
- Goal 5
- Goal 7
- Goal 13
- Goal 17
Alignment with SDGs described in the report.
Sustainable Products & Innovation
- ICE Commodity Traceability
- ICE Carbon Reference Entity Data Service
- CORSIA carbon credit futures