Intercontinental Exchange, commonly known as ICE, is a leading global operator of financial and commodity markets, headquartered in the United States. Founded in 2000, ICE has rapidly evolved, establishing itself as a key player in the trading and clearing of derivatives, equities, and fixed income products. With major operational regions across North America, Europe, and Asia, the company offers a diverse range of services that include electronic trading platforms and data services. ICE is renowned for its innovative approach to market infrastructure, providing unique solutions that enhance transparency and efficiency. The company has achieved significant milestones, including the acquisition of the New York Stock Exchange in 2013, solidifying its position as a market leader. With a commitment to technological advancement and regulatory compliance, Intercontinental Exchange continues to shape the future of global finance.
How does Intercontinental Exchange's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Business Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Intercontinental Exchange's score of 44 is higher than 97% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Intercontinental Exchange (ICE) reported total carbon emissions of approximately 258,950,000 kg CO2e. This figure includes 4,588,000 kg CO2e from Scope 1 emissions, which encompass direct emissions from owned or controlled sources, and 48,352,000 kg CO2e from Scope 2 emissions, related to the purchase of electricity and steam. The majority of their emissions, about 206,009,000 kg CO2e, fall under Scope 3, which includes indirect emissions from the value chain, such as business travel and purchased goods and services. Over the past few years, ICE has seen fluctuations in its emissions. In 2022, total emissions were approximately 241,015,000 kg CO2e, with Scope 1 and 2 emissions at 4,633,000 kg CO2e and 49,450,000 kg CO2e, respectively. In 2021, total emissions were about 236,836,000 kg CO2e, indicating a slight increase in 2022 and 2023. Despite these figures, ICE has not publicly disclosed specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of documented reduction strategies suggests a need for further commitment to climate action within the organisation. As a major player in the financial sector, ICE's climate commitments are crucial for setting industry standards and driving broader environmental responsibility.
Access structured emissions data, company-specific emission factors, and source documents
2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Scope 1 | 3,117,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 2 | 2,110,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 3 | 19,061,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Intercontinental Exchange is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.