Intercontinental Exchange, Inc., one of the world’s leading providers of financial market technology and data powering global capital markets, announced a strategic collaboration to enhance transparency and consistency in the global sustainable bonds market with the Climate Bonds Initiative (CBI), a leading international organization providing the global standard for certification in the sustainable bonds market.

As part of the collaboration, ICE’s Sustainable Bonds Classification data will support CBI’s sustainable bond universe and its research and alignment assessments. ICE also plans to integrate CBI alignment indicators into its sustainable bond solutions, strengthening the insights available to market participants.

“This collaboration is an important step in the evolution of our data and analysis. We chose to partner with ICE because of its comprehensive bond classification data,” said Sean Kidney, CEO and Co-founder of Climate Bonds Initiative. “This collaboration helps improve the scalability and consistency of our alignment analysis over time.”

“By combining ICE’s classification framework with CBI’s alignment expertise, we are enhancing our sustainable bonds solutions and supporting how clients derive tangible insights while measuring the impact of their investments,” said Larry Lawrence, Head of Sustainable Finance at ICE. “This collaboration provides a platform for ICE and CBI to explore opportunities to innovate and develop new solutions together.”

The Climate Bonds Initiative is a global organization dedicated to mobilizing capital for climate action. It works to accelerate investment in the projects and infrastructure needed for a rapid transition to a low-carbon, climate-resilient and equitable economy, with the goal of reaching USD 30 trillion in climate finance by 2030.

Through market analysis, policy research and market development activities, Climate Bonds Initiative supports governments, regulators and financial institutions in scaling climate finance and lowering the cost of capital. It also administers the internationally recognized Climate Bonds Standard and Certification scheme, underpinned by rigorous scientific criteria aligned with the goals of the Paris Agreement.

Source: ICE