ICE Awarded Best Climate Risk Modelling & Assessment Solution 

Singapore/Hong Kong, 14 November 2023 – ICE was awarded Best Climate Risk Modelling & Assessment Solution in the 6th Regulation Asia Awards for Excellence 2023 at an in-person ceremony on 14 November 2023.  

This award recognises solutions that assist firms in identifying and evaluating climate risks and integrating them into risk management, capital decisions, and long-term strategic planning, including by providing analytics, portfolio evaluation, scenario analysis, and modelling capabilities. 

ICE was recognised for its ICE Climate Transition Analytics (CTA) Tool, which is part of the ICE Sustainable Finance Platform. The tool provides access to reported Scope 1, 2, and 3 emissions data from 5,500 global companies, modelled data for over 30,000 companies, and emissions reduction targets for over 2,500 companies. ICE’s fixed income mapping capabilities allows it to deliver emissions data for more than 600,000 fixed income securities.  

The data allows users to identify, measure, and assess climate risks and opportunities and assess alignment of portfolios and loan books under a range of science-based climate scenarios. The analytics offered within the tool enables financial institutions to perform portfolio analysis, meet TCFD reporting requirements, and conduct climate risk stress testing – among other use cases. It can also help users identify avoided emissions potential within portfolios, and conduct net zero and current and forward-looking alignment exercises, offering projections out to year 2100.  

Judges on the Regulation Asia awards panel credited ICE for the granularity of its climate risk analytics, transparency of approach, breadth of coverage, and scenario customisation capabilities. The solution’s decarbonisation monitor and avoided emissions framework were also seen as “innovative and decision useful”, as they allow users to analyse and benchmark carbon reduction trajectories of portfolios and assess alignment with declared decarbonisation goals.  

About the Regulation Asia Awards for Excellence 2023 

The Regulation Asia Awards for Excellence recognises financial institutions, technology companies, legal and consulting firms, exchanges and other players that help ensure the highest regulatory compliance standards are upheld in the financial industry. Each year, senior industry practitioners serve on a judging panel to help assess and score each submission to determine the winning entrants.   

For a full list of the 2023 award winners, visit www.regulationasia.com/awards.  

About Regulation Asia 

Regulation Asia is the leading source of actionable regulatory intelligence for Asia Pacific markets. With over 12,000 subscribers, including regulatory bodies, exchanges, banks, asset managers and service providers, Regulation Asia plays a key role in shaping the regulatory agenda.  

Visit www.regulationasia.com or connect via LinkedIn or Twitter.  

To Top
Share via
Copy link
Powered by Social Snap