Intercontinental Exchange Publishes 2021 Corporate Responsibility Report

By: Intercontinental Exchange via Business Wire

November 16, 2021 at 08:30 AM EST

Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology and market infrastructure, today released the company’s sixth annual Corporate Responsibility Report.

The report summarizes environmental, social and governance (ESG) highlights from 2020 and provides an update on the range of ICE’s ESG policies and metrics. This report also marks the first time that ICE worked with a third-party consultant to conduct a formal materiality analysis and solicited feedback from the company’s employees, customers, investors, suppliers, and communities to better understand what they view as ICE’s substantive ESG risks and opportunities.

“ICE’s commitment to corporate responsibility underpins the work we do across our businesses,” said Jeffrey Sprecher, Chairman and CEO of the Intercontinental Exchange. “While the way we approach, manage and engage with our stakeholders on ESG matters has evolved since our founding over two decades ago, we remain steadfast in our commitment to transparency and providing our customers with solutions and products to manage their risks and opportunities.”

Highlights of this year’s report include:

ICE supplemented its reporting with three additional sustainability disclosures, including the Sustainable Accounting Standards Board (SASB) metrics for the exchange sector, Taskforce for Climate-Related Financial Disclosure (TCFD) aligned reporting, and the UN Sustainable Development Goals.
ICE published its greenhouse gas emissions, including full Scope 1 and 2 emissions. It also began reporting Scope 3 emissions. With this baseline established, ICE intends to work actively to set reduction targets and share its plans publicly next year. ICE continues to purchase verified carbon offsets and renewable energy certificates for all emissions it can credibly calculate.
ICE introduced new diversity disclosures for its employees and board members.
ICE’s exchange products offer markets price discovery and transparency in creating a price for carbon across its environmentals complex.
ICE introduced its ESG reference data and expanded its municipal bond climate risk data, which provides detailed ESG attributes and indicators for thousands of publicly traded companies in the U.S. and Europe and risk data through geospatial climate, economic and demographic data for municipalities and securities, respectively.
The NYSE continues to provide listed companies with best practices for sustainability reporting and navigating ESG disclosure, including publication of NYSE ESG reporting guidance and provision of a platform containing as-reported ESG data for companies to benchmark their disclosures versus peers.
The NYSE Board Advisory Council grew its pool of CEO-vetted, board-ready candidates for management teams by 79%.

The 2021 Intercontinental Exchange Corporate Responsibility Report and more information about ICE’s approach to sustainability can be found by visiting: https://www.ice.com/about/corporate-responsibility.

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. 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, 2020, as filed with the SEC on February 4, 2021.

SOURCE: Intercontinental Exchange

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